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Search resuls for: "Morgan Stanley Global Consumer"


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He said Walmart's future looked like "urgent deliveries happening in a really fast time." He said he ordered the drone delivery when his wife Shelley realized she didn't have a key ingredient in the kitchen. In August, DroneUp, Walmart's drone delivery partner, told Axios that drone deliveries were not economically sustainable for smaller, low-cost packages. The retailer currently offers drone deliveries in three locations in the US — Bentonville, Dallas, and Virginia Beach. In January, it expanded its drone delivery radius to serve 1.8 million additional households in the Dallas-Forth Worth area.
Persons: Doug McMillon, Morgan Stanley, Shelley, McMillon Organizations: Walmart, Morgan, Morgan Stanley Global Consumer, Retail Conference, Business Locations: New York, Bentonville , Arkansas, DroneUp, Phoenix, Salt Lake City, Tampa, Bentonville, Dallas, Virginia, Forth Worth
Constellation Brands announced Tuesday it will sell its Svedka vodka brand to New Orleans-based spirits company Sazerac. Constellation's wine and spirits business has been dragging on the company's strong beer portfolio, which includes Modelo and Corona. In the second quarter, the company's wine and spirits shipments dropped 9.8% year over year, the company reported. Constellation's spirits portfolio will continue to own including High West Whiskey, Mi Campo Tequila and Casa Noble Tequila. Bernstein called the news "a clear positive for Constellation," saying the company's wine and spirits weakness has dragged on the beer business.
Persons: Bill Newlands, Newlands, Campo, Casa Noble, Bernstein, Nadine Sarwat, Morgan Stanley Organizations: Constellation Brands Inc, Constellation Brands, Constellation, Modelo, Marque, Comfort, Morgan, Morgan Stanley Global Consumer, Retail Conference Locations: New York, New Orleans, Corona, Buffalo
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