Consumer

Consumer

Ferrero Puts Snap, Crackle and Pop into Its Earnings With WK Kellogg Acquisition

Photo via Michele Eve Sandberg/Sipa USA/Newscom

Ferrero previously bought Nestlé’s US candy biz for $2.8 billion, as well as chocolate-maker Fannie May and RedHots owner Ferrara.

1 min read

Photo via Richard B. Levine/Newscom

Technology

Samsung’s Foldable Phones Are Hungry for a Bite of Apple

Samsung’s new phones hit shelves later this month, days after Chinese rival Honor launched its new folding phone.

2 min read
Photo via Richard B. Levine/Newscom

Consumer

Walmart Gate-Crashes Amazon’s Annual Sales Bash

History suggests that a little competition will be good for not just Walmart and Amazon, but the retail sector as a whole.

2 min read
Photo via Richard B. Levine/Newscom

Consumer

Constellation Brands Serves Up Lukewarm Beer Sales

Constellation, which specializes in Mexican brews, has been coping with canned-beer tariffs that started in April.

2 min read

Consumer

Home Depot Acquires Building Products Distributor GMS

Photo by Todd Van Hoosear via CC BY-SA 2.0

Home Depot’s push into the pro market began in earnest last year, when the company dropped $18.5 billion to buy SRS Distribution.

2 min read

Photo by Jetcityimage via iStock

Consumer

Shein, Temu Sales Slide After Losing US Duty-Free Loophole

In May, POTUS scrapped the “de minimis” exemption that allowed Shein and Temu to ship packages worth less than $800 to the US duty-free.

2 min read
Photo via Dave Cullen/EEm/SIPA USA/SportPix/Sipa USA/Newscom

Industries

Carnival Cruises Past Market Expectations in Boon for Shares

The choppy waters predicted for the cruise industry this year were based on the very real risks of trade wars and real wars.

2 min read
Photo via Cfoto/ZUMAPRESS/Newscom

Consumer

Starbucks’ China Business May Need a Caffeine Jolt

In an interview with the Financial Times, Starbucks CEO Brian Niccol said the company is exploring a partial sale of its China business.

2 min read

Consumer

Not Lovin’ It: McDonald’s Suffers Third Downgrade in as Many Trading Days

Photo by Erik Mclean via Pexels

Could GLP-1 weight loss drugs like Ozempic and changing economic winds really take a bite out of the almighty Big Mac?

2 min read

Consumer

Luxury Brands Sweat Consumer Discounting After Price Hikes

Photo by Mathias Reding via Unsplash

Brands that cater to the uber wealthy saw a dip in sales for the first quarter of 2025, continuing a slowdown that started last year.

2 min read

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