Amazon can now deliver many things in one or two days, so Walmart has to have lower prices for the many customers who can wait. Similarly, Amazon has to undercut Walmart’s grocery prices if it’s going to stake out any significant portion of that $800 billion market. For shoppers at either of these two retail giants, this can mean lower prices, but it’s also forcing manufacturers and suppliers to rethink how they do business. [More]
consumer products
Unilever Buys Dollar Shave Club For $1 Billion In Cash
In an effort to gain a foothold in the $3 billion razor market, Unilever has purchased monthly razor subscription service Dollar Shave Club for one billion razors. Excuse me, I meant to say, in a deal worth $1 billion. [More]
Maker Of Sharpie To Buy Maker Of Crock-Pot For $13B, Creating A Consumer Product Smorgasbord
All of those storage containers, Sharpies, coolers, and crockpots you have dotting the insides of cupboards now have a lot more in common than one might think: Newell Rubbermaid, the company behind Sharpie and Rubbermaid storage products Jarden, the company behind the Coleman and Crock-Pot brands, for $13.2 billion. [More]
Consider The Mighty Coffee Cup Lid
For an item so ubiquitous, tossed without a care, and that costs only pennies to make, a ton of engineering and thought has poured into the design of the plastic coffee cup lid. Take a moment to look down the next time you grab a cup of Joe and see which sort you have before you, as there are all manner of species for all manner of purposes. [More]
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Colgate-Palmolive has reported a 19% increase in quarterly profits, and says it’s partially due to price increases (but also greater volume sales and a weak dollar). [Reuters]
The Great Coffee Can Patent War, Starring Kraft and Procter & Gamble
If you drink Folgers or Maxwell House, the coffee can on your shelf is the subject of a patent war between Kraft and Procter & Gamble. Both are accusing the other of stealing the innovative technology used to contain your precious morning fuel in a resealable plastic can that can “withstand the pressure changes that occur between the factory and the consumer’s home.”