
Aishwarya Venugopal
Editor-in-Charge, U.S. Consumer and Retail at Reuters
Reluctant optimist
Articles
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3 weeks ago |
usatoday.com | Aishwarya Venugopal |Jessica DiNapoli
Procter & Gamble PG.N will cut 7,000 jobs over the next two years, as the Tide detergent maker contends with an uncertain spending environment, fueled in part by U.S. tariffs that have roiled numerous consumer companies. The world's largest consumer goods company also plans to exit some product categories and brands in certain markets, including some potential divestitures, as part of the broader two-year restructuring plan.
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3 weeks ago |
ksl.com | Aishwarya Venugopal
NEW YORK — Procter & Gamble will cut 7,000 jobs, or about 6% of its workforce, over the next two years, as part of a restructuring that will include the Tide maker exiting some product categories in certain markets. The two-year restructuring plan comes as consumer goods giants P&G and Unilever brace for muted demand in 2025 stemming from growing uncertainty due to tariffs. "This is not a new approach, rather an intentional acceleration of the current strategy ...
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3 weeks ago |
today.westlaw.com | Jessica DiNapoli |Rishabh jaiswal |Aishwarya Venugopal |Juveria Tabassum
(Reuters) -Procter & Gamble will cut 7,000 jobs over the next two years, as the Tide detergent maker contends with an uncertain spending environment, fueled in part by U.S. tariffs that have roiled numerous consumer companies.
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2 months ago |
wtaq.com | Aishwarya Venugopal |Savyata Mishra
By Aishwarya Venugopal and Savyata Mishra(Reuters) – Aggressive tariffs on China-made clothes, bags and shoes by U.S. President Donald Trump could benefit off-price retailers such as TJ Maxx and Ross who rely on expansive sourcing strategies and inventory management. TJ Maxx-owner TJX Cos, Ross Stores and Burlington Stores often acquire clothing, accessories and other merchandise from U.S. middlemen — not always importing from factories overseas directly.
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2 months ago |
money.usnews.com | Aishwarya Venugopal |Savyata Mishra
By Aishwarya Venugopal and Savyata Mishra(Reuters) - Aggressive tariffs on China-made clothes, bags and shoes by U.S. President Donald Trump could benefit off-price retailers such as TJ Maxx and Ross who rely on expansive sourcing strategies and inventory management. TJ Maxx-owner TJX Cos, Ross Stores and Burlington Stores often acquire clothing, accessories and other merchandise from U.S. middlemen -- not always importing from factories overseas directly.
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