Unilever Plc will build a manufacturing plant in the northern Mexican border state Nuevo Leon as part of a $400 million investment in the country over the next three years, the company said on Tuesday.
Procter & Gamble Co raised its full-year sales forecast on Thursday and said it plans to continue raising prices despite a drop in sales volumes, warning that high commodity costs were pressuring profits.
Bed Bath & Beyond Inc has been in talks with prospective buyers and lenders as the struggling retailer tries to keep its business afloat ahead of a likely bankruptcy filing, CNBC reported on Wednesday.
THG’s trading statement on Tuesday sent its shares down by 10%+ as it warned on profits, although it may have felt it had done enough to support the share price with news of record sales and a strong balance sheet.
Lone Design Club has partnered with property giant Landsec to open a pop-up store within its Trinity Leeds shopping destination. The collab aims to “bridge the gap between sustainable living and wellness brands”.
Bed Bath & Beyond Inc is preparing to seek bankruptcy protection in coming weeks, people familiar with the matter said, following poor sales and an inability to compete with large online and big-box retailers.