Walmart Inc, the world's largest retailer, will offer its Walmart Plus membership service free for part-time and full-time workers in the United States, it said on Tuesday, joining a growing list of retailer perks being offered in a tight labor market.
NEW YORK, NY When Walmart on Thursday reports how it fared during the holiday quarter, investors also will want to see how higher labor, transportation and materials may affect the retailer's margins, given its "Everyday Low Price" strategy.
From Hershey to Clorox and Kleenex maker Kimberly-Clark, major consumer-products companies have announced plans to boost U.S. prices further or more broadly than previously proposed this year, signaling that the fastest inflation rate in a generation may not ebb soon.
(Reuters) -United Parcel Service Inc projected 2022 revenue above market expectations and doled out its biggest dividend boost on Tuesday, as the logistics giant posted record annual earnings on the back of a pandemic-driven surge in online shopping and labor shortages. | Video
Influential British fund manager Terry Smith attacked Unilever's failed 50 billion pound ($68.2 billion) bid for GSK's Consumer Health assets as a "near death experience" and urged Unilever management to focus on strengthening performance.
LONDON (Reuters) -A group of investors in Unilever said on Thursday they had filed a fresh resolution urging the company to fix a "crucial blind spot" in its strategy and set ambitious targets to sell healthier foods.
LONDON, Jan 20 A group of investors in Unilever said on Thursday they had filed a fresh resolution urging the company to fix a "crucial blind spot" in its strategy and set ambitious targets to sell healthier foods.
Unilever faces a dilemma after its 50 billion pound ($68 billion) offer for GlaxoSmithKline's consumer healthcare assets was rejected -- should it raise the bid and risk overpaying or seek another route to expand in healthcare?
(Reuters) -GlaxoSmithKline on Saturday said it had rejected a 50-billion-pound offer from Unilever for its consumer goods arm, saying it "fundamentally undervalued" the business and its future prospects and that it would stick to its plan of spinning off the unit.
LVIV, Ukraine/KYIV (Reuters) -Three European prime ministers headed to Kyiv by train on Tuesday in a show of solidarity with Ukraine even as Russian air strikes and shelling hit the capital and invading forces tightened their grip.