Johnson & Johnson (J&J) has made a significant move to strengthen its heart device business with a $13.1 billion deal to acquire Shockwave Medical. This acquisition is expected to propel J&J to the forefront of the cardiovascular market, diversifying its portfolio and boosting its competitiveness.
According to recent data, the consulting business is facing tough times that are impacting firms worldwide.
In-N-Out Burger’s final weekend in business is now underway as the popular fast-food chain prepares to close its doors for the first time ever in Oakland. The closure comes as a surprise to many loyal fans who have frequented the location for years.
Unilever has announced its decision to spin off its ice cream business, which includes popular brands like Ben & Jerry’s and Magnum. This move comes as part of the company’s strategy to streamline its operations and focus on higher-growth areas.
Doughnuts and Beer Galore
Several bakeries and breweries have jumped at the chance to create limited-time offerings in honor of the total solar eclipse. The doughnut scene is buzzing with excitement, as shops are churning out cosmic-inspired treats that are sure to delight customers. Similarly, breweries are crafting unique brews that pay homage to the astronomical phenomenon.
Outdoor retailer, Mountain Gear, has announced that it will be closing its Denver store as the company shifts its focus to online sales. This decision comes as the company evaluates its distribution strategy in light of changing consumer habits and preferences.
Reliance Industries, one of India’s largest conglomerates, has made a significant move in the media industry by acquiring Paramount’s stake in the Indian TV business for a whopping $500 million.
In recent economic news, it has been reported that Americans are spending less money at restaurants, which is impacting small businesses across the nation. According to data from the Bureau of Labor Statistics, spending on dining out has declined by 5% in the past year alone.
A popular branch of a well-known restaurant in Macomb County has recently made the decision to close its doors. The closure comes as a result of a strategic business decision aimed at streamlining operations and focusing on more profitable locations.
A small business in Virginia Beach is experiencing a surge in sales and popularity after a TikTok video showcasing its products went viral. The video, which features the store’s unique merchandise and friendly staff, has been viewed over a million times, leading to a significant increase in foot traffic and online orders.
