Juveria Tabassum

1 week 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.

1 week 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.

2 weeks 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.

2 weeks 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.

2 weeks 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.