PepsiCo and Coca-Cola have spent decades competing for consumers, but their latest moves in the U.S. beverage market are taking notably different paths. One is reworking its operating network in response to changing consumer demand and looking for greater efficiency. The other is preparing to invest billions of dollars in its U.S. infrastructure over the
Since the first DSW opened its doors in 1991, the company has operated around a simple premise: provide shoppers with a wide selection of designer footwear at prices they can feel good about. Over the past several decades, that formula has allowed it to establish itself as the destination for discounted shoes. But as off-price
Starbucks has made it routine for people to pay more than $6 for a medium espresso-based drink. My daily go-to: a grande iced horchata shaken espresso costs $6.45. I actually live closer to a 7-Eleven where coffee drinks cost roughly half as much. A large (30-ounce) flavored latte from the convenience store chain costs $2.29.
Grocery bills have stayed high for American households, and shoppers keep searching for stores that offer good prices for healthy food. One of Wall Street’s most respected firms thinks a family-run grocer fits that description. Bank of America started coverage of Natural Grocers by Vitamin Cottage (NGVC) with a Buy rating and a $35 price
Things are incredibly rough when a six-figure income still leaves you hunting for bargains on everyday essentials. Dollar General (DG) CEO Todd Vasos said this pressure is reaching shoppers earning $100,000 or more, extending beyond the chain’s traditional lower-income customers and raising questions about how much a familiar salary milestone offers financial breathing room. The
Americans want meals that make them feel good, both from the comforting nature of the food and a price that avoids the feeling of spending money they don’t have. “Comfort and value are the twin pillars shaping America’s menus right now,” said Chad Moutray, chief economist for the National Restaurant Association. “Consumers are seeking meals
The Campbell’s Company has had a rough few years, and its top executives aren’t pretending otherwise. Valued at a market cap of $6.2 billion, Campbell’s stock is down more than 60% in the past decade. The soup and snack maker behind Goldfish, Rao’s, and Prego recently confirmed a dividend cut, a larger cost-saving program, plant
You let your iPhone in the door a long time ago. It holds your calendar, it knows who you talk to and how often, and it has a pretty good idea of what a normal Tuesday looks like for you. For most people, that stopped feeling like a decision years ago. Apple’s new CEO, John
While the high costs of aviation will regularly take down even established carriers, some airlines run to the ground financially before they even take off. Envisioned as the world’s first zero-emission regional airline by British green investor Dale Vince, Ecojet Airlines entered voluntary liquidation, or the British equivalent of a Chapter 7 bankruptcy, in January
When you operate a business, it costs you money to not be open. You still pay rent and utilities even when you’re closed. Because of that, back in my toy store general manager days, I tried very hard to keep the store open profitabliy as much as possible, That didn’t just mean opening the doors