P&G succeeds by getting Americans to trade up during the pandemic
January 20, 2021
Procter & Gamble saw its sales jump in the most recent quarter as it succeeded in getting consumers to buy products like pricier dish detergent and $300 electric toothbrushes. “Consumers are driven to products where they can say, ‘I know that will deliver for me and my family,’” said P&G COO Jon Moeller said.
Recent News
TikTok Suspends TikTok Lite Rewards Program in the EU
A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the social media site.
FCC Votes To Restore Net Neutrality Rules
The Federal Communications Commission (FCC) voted 3-2 on Thursday to reinstate net neutrality rules that were rolled back during the Trump administration.
Blackstone To Buy Tropical Smoothie Cafe
Alternative asset manager Blackstone is set to buy the restaurant chain Tropical Smoothie Cafe.
Ford’s Total EV Sales Post $1.3 Billion Loss in Q1
Ford’s EV division, known as Model e, faced a tough start to 2024.