Retailer acquires minority stake in planned Nebraska facility and will have seat on venture’s board THE WALL STREET JOURNAL // AUGUST 31, 2022 Walmart Inc. WMT -0.91%▼ is pushing deeper into the beef business, taking a stake in a planned Nebraska processing plant to help stock its meat sections and increase processing capacity in…
DetailsThe no-booze beverage market peddles H2O disguised as lager; `I didn’t want to get made fun of for drinking Poland Spring at a punk show’ THE WALL STREET JOURNAL // AUGUST 19, 2022 NEW ORLEANS—Hundreds of visiting revelers hit the House of Blues blowout that kicked off the cocktail industry’s biggest annual conference, bobbing to…
DetailsSmirnoff owner says consumers show no signs of trading down despite high inflation THE WALL STREET JOURNAL // JULY 28, 2022 LONDON—Diageo DEO 0.43%▲ PLC reported a surge in annual sales and profit, buoyed by a recovery in trade at bars and restaurants as well as drinkers’ growing taste for the booze giant’s high-end spirits…
DetailsRetail stores are reporting stronger sales of beers like Busch Light and Icehouse, while Marlboro is losing ground to Montego and Maverick THE WALL STREET JOURNAL // JULY 24, 2022 Shoppers are trading down to cheap beer brands and discount cigarettes as they feel more pressure on their pocketbooks. Consumer prices in the U.S. rose…
DetailsExecutives also have discussed exiting the business entirely to address regulatory pressure THE WALL STREET JOURNAL // JULY 15, 2022 Amazon.com Inc. AMZN 2.67%▲ has started drastically reducing the number of items it sells under its own brands, and the company has discussed the possibility of exiting the private-label business entirely to alleviate regulatory pressure,…
DetailsSome say quitting is tough, alternatives get tricky; ‘I smelled like scrambled eggs’ THE WALL STREET JOURNAL // JULY 11, 2022 It’s been more than two years since Laura Curtis-Moss last shampooed her hair. Ms. Curtis-Moss is part of the “no poo” movement, a backlash against modern haircare. Making the switch takes serious commitment, with…
DetailsAfter staffing, chick-hatching problems, the meat giant works to revamp the biggest U.S. chicken business THE WALL STREET JOURNAL // JULY 11, 2022 SPRINGDALE, Ark.—Tyson Foods Inc. TSN -1.58%▼ has fallen behind competitors in the business it has long dominated: chicken. Tyson Chief Executive Donnie King said he is committed to fixing the nation’s…
DetailsVolatile fuel costs make setting pump prices challenge for the small entrepreneurs behind many U.S. stations THE WALL STREET JOURNAL // JULY 11, 2022 Gasoline prices are falling almost as quickly as they rose, creating new headaches for the mom-and-pop entrepreneurs and other independent operators who run roughly half of U.S. gas stations. Fuel station…
DetailsTo provide increased formula options for our WIC families, we are announcing a fifth expansion of powder formula options. Michigan WIC will be adding imported formulas to the APL file, some of which may be available for purchase at Meijer, Kroger, Walmart and online (note:online formulas may be available for re-sale by our authorized WIC…
DetailsThe annual scheduled increase in Chicago’s minimum wage and a scheduled enhancement of the Fair Workweek ordinance requirements will go into effect on Friday, July 1, 2022. The Chicago minimum wage is tiered for large businesses with 21 or more employees, and small businesses with 4-20 employees. The minimum wage for larger employees increases annually…
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