Consumer Defensive

News section dedicated to Consumer Defensive
27.Mar.23 7:51 AM

Russian firm Invest Plus to buy IKEA's Novgorod plant

MOSCOW - Russian company Invest Plus has completed a deal to buy IKEA's largest Russian production asset, its Novgorod factory, more than a year after the Swedish furniture giant stopped its activities in Russia over the Ukraine conflict.
27.Mar.23 2:27 AM

Cannabis start-up launches in Illinois

Four years ago, CBDs and Cannabis dominated the headlines as tech startups flocked to the space after some US states legalized the sale of recreational cannabis. In 2020 investors pulled back from the space and set their sights on cryptocurrencies and NFTs.
26.Mar.23 1:39 PM

Walmart to lay off hundreds of workers at 5 US e-commerce centres

BentON, Arkansas - Reuters reported that Walmart will lay off hundreds of workers at five US e-commerce fulfillment centers due to a reduction or elimination in evening and weekend shifts.
26.Mar.23 12:57 PM

Bosnia's consumer prices rise by 0.4 pct

In February, the prices of products and services used for personal consumption in Bosnia and Herzegovina BiH, measured by the consumer price index, were 0.4 percent higher than the previous month, while the annual inflation is 12.9 percent higher compared
26.Mar.23 12:41 PM

Cracker Barrel closes three more stores in Portland, Oregon

Cracker Barrel was the latest company to announce it is leaving the Portland, Oregon area shortly after Walmart announced its departure after comments from the CEO that crime and theft were taking their toll.