Unilever to split off its ice cream unit including Ben & Jerry’s; shares pop 5%

Unilever to split off its ice cream unit including Ben & Jerry’s; shares pop 5%

Ben & Jerry’s ice cream on May 24, 2022. Nurphoto | Nurphoto | Getty Images Shares of consumer goods giant Unilever rose more than 5% Tuesday after the company announced plans to separate its ice cream unit, which includes Ben & Jerry’s and Magnum, as part of a restructuring that will impact 7,500 jobs. “The … Read more

Inflation vs. deflation: Retailers fear falling prices

Inflation vs. deflation: Retailers fear falling prices

A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center.  Elena Perova | Istock | Getty Images Just ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on … Read more

How Axe Body Spray is trying to move beyond teenage boys’ lockers

How Axe Body Spray is trying to move beyond teenage boys’ lockers

If you were a teenage boy in the early 2000s, there’s a good chance you wore Unilever‘s Axe Body Spray at some point. “The idea that you spray this on and you get the girl is sort of nonsense, really. I mean, they know it, we know it. … So why don’t we just kind … Read more

Post-Ozempic patients may eat more calories, Deutsche Bank survey finds

Post-Ozempic patients may eat more calories, Deutsche Bank survey finds

A customer shops in a Kroger grocery store on July 15, 2022 in Houston, Texas. Brandon Bell | Getty Images Investors have cheered a new class of weight loss drugs for their ability to help people shed unwanted pounds, but the findings of a recent poll underscore the challenges patients face if they cease treatment. … Read more