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Target to revamp groceries to focus on younger shoppers - WSJ

2015-03-03 09:01:27| Food - Topix.net

Target Corp has zeroed in on seven grocery categories, including granola, yogurt and craft beer, to attract younger shoppers, urban dwellers, and Hispanics, the Wall Street Journal reported, citing people familiar with the matter. The U.S. retailer is showing signs that its food direction will become less reliant on packaged and processed foods that are out of favour with many consumers, the Journal said.

Tags: focus target younger shoppers

 

Verizon close to deals to sell over $10 billion in assets: WSJ

2015-02-03 00:02:36| Telecom - Topix.net

The planned sales include cellphone towers and parts of its landline phone business, the WSJ reported. As Verizon focuses on updating its network, the company would consider selling cellphone towers if it found an attractive deal, chief executive Lowell McAdam said on a January call with investors.

Tags: close sell deals assets

 
 

TE Connectivity nears deal to sell network business to CommScope: WSJ

2015-01-27 04:50:00| Electronics - Topix.net

Swiss electronics company TE Connectivity Ltd is said to be nearing a deal to sell its network equipment unit to CommScope Holding Co Inc for about $3 billion, the Wall Street Journal reported, citing people familiar with the matter. The deal does not include the networking business' subsea fiber optics operation, which is used by telecom and oil and gas customers, the Journal reported.

Tags: business network sell deal

 

WSJ: Coke to axe 2,000 jobs; Big cuts likely in Atlanta

2014-12-24 15:55:09| Beverages - Topix.net

Atlanta-based Coca-Cola Co. will issue job-cut notices to North American staffers Jan. 8 and international employees will be given a timeline for cuts by Jan. 15, according to people familiar with matter, reports The Wall Street Journal.

Tags: big jobs atlanta cuts

 

UPDATE 1-UPS, FedEx cap air express deliveries - WSJ

2014-12-24 03:29:25| Air Courier - Topix.net

United Parcel Service Inc and FedEx Corp started limiting air express deliveries after a last-minute increase in shipped packages caused some retailers to exceed agreed-upon limits, the Wall Street Journal reported, citing people briefed on the situation. This year, both UPS and FedEx held some retailers to their volume commitments during the final shopping days before Christmas, aiming to avoid a repeat of a fiasco last year, the Journal reported.

Tags: air update express cap

 

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