31.9 F
New York
Saturday, January 23, 2021
Home Consumer

Consumer

Consumer discretionary and consumer staples companies news.

According to the National Bureau of Economic Research, the typical household in the U.S. spent $419 on purchases of imported products in 2018. If the U.S. administration's latest promise to further increase tariffs comes to fruition, household products will cost consumers even more. The...
According to a survey of U.S. consumers, most shoppers prefer paper receipts over digital ones that are sent through email. The survey was taken by Choose Paper, a Chicago-based paper advocacy group. The survey showed that nearly 75 percent of shoppers in the U.S....
Starboard was first to bat, when in Febuary of 2018, they launched a proxy contest to replace the entire board.  Not long after, Icahn disclosed his own 7.0% stake and later came to an agreement with the company to appoint four of his nominated directors to the...
Conagra Brands (NYSE: CAG) announced on June 27 its plans to acquire Pinnacle Foods (NYSE: PF) in a cash and stock transaction worth approximately $10.8 billion. The deal is expected to close by the end of 2018. Jana Partners didn't waste time, having announced...
The largest global retailer is stepping up its game. Walmart will now offer its online customers one-day shipping. The move likely comes as Amazon announced its own one-day delivery plan for Amazon Prime members. Walmart announced its new delivery option in an online post,...
According to the most recent report published by the Centers for Disease Control (CDC), 145.6 million people went to ERs in 2016. This marks an increase of more than 9 million who visited their local hospital emergency departments in 2015, a record number according to the CDC....
The U.S. Food and Drug Administration (FDA) has announced the approval of Ubrelvy, to Allergan USA, Inc., to treat migraine headaches. Ubrelvy, or its generic name ubrogepant, is part of a class of drugs that are oral calcitonin gene-related peptide receptor antagonists. The FDA says ubrogepant is...
According to a recent report from Yes Marketing, more than half of the consumers surveyed cite that they’ll pay more to purchase items from a retailer they frequent. The report entitled “The Retail Shopper’s Journey to Loyalty”, was derived from surveying more than...
On Monday, Amazon will be able to evaluate its one-day delivery promise during one of its busiest shopping days. Amazon’s annual Prime Day, which it rolled out in 2015 to commemorate its 20-year anniversary, has been extended to a two-day event and is expected to gross between...
According to the auditing and consulting insight firm, Deloitte, holiday sales are projected to be 4.5 to 5 percent higher during the busiest shopping period of this year. From November to January, Deloitte expects that annual holiday retail sales will total more than $1.1 trillion. According to...