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Tag: powerhouse

Acquisition creates new beauty powerhouse

Natura &Co is set to close its acquisition of Avon Products on Jan. 3, and has appointed a new senior team to drive the company’s growth. The transaction creates the world’s fourth-largest pure-play beauty company, with combined annual gross revenues of over $10 billion, a broad product portfolio across key categories and a global footprint in …

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Walmart is a grocery powerhouse — and it still has room to run

A man pushes his shopping cart past bread for sale at a Walmart Supercenter store in Rosemead, California on May 23, 2019. Frederic J. Brown | AFP | Getty Images Walmart just proved it’s a grocery powerhouse. And it still has plenty of room to run. The big-box retailer’s strong food business has been a …

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Speedway being spun off; will be 3,900-store c-store powerhouse  

Get great content like this right in your inbox. Subscribe Marathon Petroleum Corp. is spinning off its Speedway retail network into an independent, publicly-traded company.  The move follows a review from Marathon’s board of directors and engagement with financial and other advisors. The company also gathered shareholder feedback. “As a result of that review, today we announced our …

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