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1 week ago | 
gurutrade.com | Juveria Tabassum |Leroy Leo
June 17 (Reuters) - Yum Brands said on Tuesday its finance chief Chris Turner will take over as its CEO from October 1, succeeding company veteran David Gibbs.
The company had said in March Gibbs would retire in 2026 after about 37 years at the KFC and Taco Bell parent, during which he assumed several roles and became its top boss in 2020.
Gibbs will remain at Yum Brands in an advisory capacity until the end of next year, the company said on Tuesday.
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1 week ago | 
today.westlaw.com | Juveria Tabassum |Leroy Leo
(Reuters) -Yum Brands said on Tuesday its finance chief Chris Turner will take over as its CEO from October 1, succeeding company veteran David Gibbs. The company had said in March Gibbs would retire in 2026 after about 37 years at the KFC and Taco...
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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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3 weeks ago | 
gurutrade.com | Juveria Tabassum |Maju Samuel
Seeing more middle- and higher-income consumers, CEO says
Dollar General reduces Chinese imports to mitigate tariff impact
Beats Q1 results on sales and profit
Shares jump 14%
June 3 (Reuters) - Dollar General raised its annual targets after beating estimates for quarterly profit and same-store sales and said more consumers across income groups came in to shop at its stores amid tariff-related uncertainty and still-high inflation.
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4 weeks ago | 
gurutrade.com | Juveria Tabassum |Sriraj Kalluvila
Shares jump 15%
Analysts welcome forecast retention
Interim CEO says will stick to former chief's turnaround plan
May 29 (Reuters) - Kohl's retained its annual targets and reported better-than-expected quarterly results as the U.S. department store chain bets on its turnaround against the backdrop of tariff-induced uncertainty, pushing its shares up 15% on Thursday.
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1 month ago | 
gurutrade.com | Juveria Tabassum |Shounak Dasgupta
May 1 (Reuters) - Kohl's removed Ashley Buchanan as CEO following an investigation that uncovered company policy violations by the chief executive, the department store chain said on Thursday.
The move comes after Buchanan was appointed to the top job in November, replacing Tom Kingsbury.
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1 month ago | 
gurutrade.com | Juveria Tabassum |Shinjini Ganguli
May 1 (Reuters) - Pringles maker Kellanova missed market expectations for first-quarter net sales on Thursday, as consumer spending weakened in the company's biggest market due to inflation.
President Donald Trump's sweeping trade policy, which is expected to raise prices for Americans, has triggered economic uncertainty in the U.S.
Data showed on Wednesday that the economy contracted in the first quarter for the first time in three years.
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1 month ago | 
today.westlaw.com | Juveria Tabassum |Anil D'Silva |Shounak Dasgupta |Pooja Desai
(Reuters) - Kohl's said on Thursday it had fired CEO Ashley Buchanan after an investigation found he had pushed for deals with a vendor with whom he had a personal relationship, after little more than 100 days in the CEO job.
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2 months ago | 
usatoday.com | Jessica DiNapoli |Juveria Tabassum
Procter & Gamble PG.N is betting consumers will shell out for $380 electric toothbrushes, spruced-up Pampers diapers and pocket-sized Always pads, which command higher prices, to offset new costs from the Trump administration's erratic tariff policy. Without the ability to easily move sourcing out of China, P&G is leaning on price hikes, particularly on new and improved products, to counter the tariffs, Chief Financial Officer Andre Schulten said Thursday.
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2 months ago | 
marketscreener.com | Jessica DiNapoli |Juveria Tabassum
(Reuters) - Pampers maker Procter & Gamble said on Thursday it would raise prices on some products to cover the impact on input costs from the trade war and lowered its annual forecasts, as consumers cut back spending due to economic uncertainty. U.S. President Donald Trump's sweeping tariffs have roiled global markets and led to fears of a recession in the U.S., the biggest market for P&G, whose products include Tide detergent.
