Brewers struggle to retain a dwindling edge, as spirits makers campaign to grab market share using canned cocktails to burnish their product’s reputation and lower taxes on it THE WALL STREET JOURNAL // JAN. 3, 2022 Jim Koch, founder of Sam Adams maker Boston Beer Co. , wrote to fellow brewers in April with…
Cal-Maine Foods reports lackluster earnings, sending shares down THE WALL STREET JOURNAL // DEC. 29, 2021 Shares in Cal-Maine Foods Inc. CALM +1.22% fell as much as 8% in early trading Wednesday after the egg producer posted lower-than-expected quarterly earnings, hurt by rising feed and labor costs. The earnings miss came despite Cal-Maine…
Retailers reroute shipments, expand storage to stay ahead of product shortages; Nutella, Pringles hard to get lately THE WALL STREET JOURNAL // OCTOBER 31, 2021 Supermarket chains are revamping their operations to navigate persistent product shortages, expanding storage space and curbing discounts to make sure they don’t run out. Companies are planning for shortages…
P&G, Ikea and Albertsons are among the large companies tapping alternative sources of inventory to keep shelves stocked THE WALL STREET JOURNAL // OCTOBER 19, 2021 Procter & Gamble Co. PG -0.51% said that it expects solid sales and profit growth over the next nine months, even as costs for everything from warehouse space…
Supply-chain problems and labor challenges become ‘a daily grind,’ pressuring profits and pushing up grocery prices THE WALL STREET JOURNAL // OCTOBER 7, 2021 Major food companies are boosting prices as they contend with escalating costs, and labor and transportation problems that are hampering the flow of staples to grocery-store shelves. Makers of goods from…
Frigid weather in parts of U.S., on top of higher exports to Asia, could push levels even higher THE WALL STREET JOURNAL // FEBRUARY 10, 2021 Propane prices have climbed more than 70% since late November, thanks to an explosion in patio heating and an uptick in exports to Asia. Now, an arctic gust expected…
Sales jumped 8% in latest quarter, fueled by demand for high-end household products THE WALL STREET JOURNAL // JAN. 20, 2021 Procter & Gamble Co. PG +1.69% sales surged in the most recent quarter, fueled in part by demand for high-end household products from pricey dish soap to a $300 electric toothbrush. Despite a tough…
Oil majors bet offering more fresh food and services at gas-station stores can help offset declining oil income THE WALL STREET JOURNAL // JANUARY 16, 2021 Coffee and groceries are becoming a bigger part of BPBP -4.75% PLC and Royal Dutch Shell RDS.A -3.51% PLC’s bottom line. Gas stations have emerged as one of the…
Cardtronics had agreed to sale to Apollo, Hudson Executive at $35 a share By Miriam Gottfried and Cara Lombardo, THE WALL STREET JOURNAL // Jan. 8, 2021 NCR Corp. NCR -0.07% is in talks to buy Cardtronics PLC, CATM -1.05% according to people familiar with the matter, seeking to snatch it away from a pair of investment…
They’re not young, necessarily. But once you get past the marketing, there are values to be found. THE WALL STREET JOURNAL // December 31, 2020 OH BABY, there sure seem to be some great wine deals around. In the past several months, I’ve been offered highly touted Baby Brunello and Baby Sancerre and even Baby…