• Procter & Gamble plans more price hikes for Tide and other products0

    Procter and Gamble Co. Pampers brand baby diapers are arranged for a photograph taken in Hastings on Hudson, New York, U.S., on Saturday, Oct. 17, 2020. Tiffany Hagler-Geard | Bloomberg | Getty Images Procter & Gamble is raising prices across more of its portfolio to protect its profit margins as commodity and freight costs climb

    READ MORE
  • Peloton insiders sold nearly $500 million in stock before its big drop0

    Peloton executives and insiders sold nearly $500 million worth of their stock before its big decline, according to filings with the Securities and Exchange Commission. The company’s stock is down more than 80% from its highs last year, and it hit a 52-week low of $29.11 Tuesday. Yet the company’s CEO and other executives sold

    READ MORE
  • Ralph Lauren CEO says metaverse is way to tap into younger shoppers0

    Customers exit a Ralph Lauren Corp. store in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Ralph Lauren CEO Patrice Louvet said Monday that the fashion brand is chasing opportunities in the metaverse as a way to attract younger shoppers. At the National Retail Federation’s annual conference, he said consumers can already buy

    READ MORE
  • Ford signs five-year payments deal with Stripe for e-commerce drive0

    A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images Online payment processor Stripe has signed up Ford Motor Company as a customer, in a five-year deal aimed at bolstering the automotive giant’s e-commerce strategy. Ford Motor Credit Company, the carmaker’s

    READ MORE
  • Amazon halts plan to stop accepting Visa credit cards in the UK0

    An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images LONDON — Amazon has scrapped plans to stop accepting Visa credit cards in the U.K. The e-commerce giant was expected to prevent Brits from using a Visa-issued credit card on its platform from Jan. 19. But in a statement Monday, the firm said the

    READ MORE
  • Unilever says GSK consumer arm ‘strong strategic fit’ for business0

    A customer selects bar of Dove soap, a Unilever product, at a Sainsbury’s supermarket in London, U.K. Bloomberg | Getty Images Dove soap maker Unilever signaled on Monday it would pursue a deal for GlaxoSmithKline’s consumer health business, calling it a “strong strategic fit” after its 50-billion-pound approach ($68.4 billion) was rejected. The update comes

    READ MORE