Author: Jessica Dinapoli
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Hong Kong-based Zuru Edge’s luxury Millie Moon diapers and Kimberly-Clark’s Huggies are displayed for sale at a Target in Manhattan, New York City
Hong Kong-based Zuru Edge’s luxury Millie Moon diapers and Kimberly-Clark’s Huggies are displayed for sale at a Target in Manhattan, New York City, U.S., August 12, 2025. REUTERS/Jessica DiNapoli
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Tide maker P&G dialing up discounts as US consumers pull back
By Jessica DiNapoli NEW YORK (Reuters) – Doing laundry is a drag. But after two years of price hikes on detergent, U.S. consumers may finally get some relief as Procter & Gamble Co deepens discounts on Tide, one of its biggest brands, according to a Reuters analysis of NielsenIQ data. Makers of consumer products like…
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Burger chain McDonald’s to lay off hundreds of corporate employees -source
By Jessica DiNapoli and Hilary Russ NEW YORK (Reuters) – The number of corporate employees McDonald’s Corp plans to lay off this week will tally in the “hundreds,” a source familiar with the burger chain’s thinking said on Monday, as the company moves forward with a previously announced restructuring. The fast-food company is closing its…
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P&G raises sales forecast on price hikes, sees volumes fall
By Jessica DiNapoli and Uday Sampath Kumar (Reuters) – Tide detergent maker Procter & Gamble Co raised its full-year sales forecast on Thursday and said it plans to continue raising prices despite a drop in sales volumes, warning that high commodity costs were pressuring profits. P&G’s sales volumes fell 6% in its second quarter ended…
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Ben & Jerry’s sues parent Unilever to block sale of Israeli business
By Jonathan Stempel and Jessica DiNapoli NEW YORK (Reuters) – Ben & Jerry’s on Tuesday sued its parent Unilever Plc to block the sale of its Israeli business to a local licensee, saying it was inconsistent with its values to sell its ice cream in the occupied West Bank. The complaint filed in the U.S.…
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Makers of Dawn dish soap, Heinz ketchup, Clorox boost defenses against store brand rivals
The makers of brand-name products such as Tide detergent and Kraft Macaroni & Cheese are bolstering their defenses against store-brand rivals like Walmart’s Great Value products as shoppers’ budgets start to show signs of strain due to persistent inflation. Executives at Clorox Co. said in a Monday evening earnings call that they have seen private-label…
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Procter & Gamble raises sales forecast as demand stays price resistant
By Jessica DiNapoli and Uday Sampath Kumar (Reuters) -Procter & Gamble Co raised its full-year sales forecast on Wednesday as consumer demand for cleaning and personal care products remained stronger than expected despite higher prices, sending its shares up more than 2%. P&G’s sales growth is at its strongest in at least 15 years, according…