The Procter & Gamble Company
) recently opened a new Tide Dry Cleaners store in Glen Ellyn, IL.
The store has been opened by its wholly-owned subsidiary, Agile
Pursuits Franchising, Inc., which collaborated with local
franchisees to open the second Tide Dry Cleaners stores in IL.
Tide Dry Cleaners stores offer facilities like drive-thru concierge
services and 24-hour pick-up and drop along with Tide Dry Cleaners
Anytime kiosk and a drop-box. The store uses GreenEarth technology
and Tide Fabric care to offer cleaning services for various
garments and textile.
P&G is expanding Tide Dry Cleaners stores throughout the U.S.
The new store is the 25th store in the U.S. Last month, the
company opened two Tide Dry Cleaners stores in Little Rock, AR. In
March, the company opened the fourth Tide Dry Cleaners store in
Tide is one of the 25 billion dollar grooming brands of Procter
& Gamble. The latest store introduction is in response to the
growing demand for products that make cleaning efficient and
Procter & Gamble is known for its impressive product
development capabilities and marketing prowess. The company
believes that continued demand for its brands and products is the
key to future profitability. Thus, in order to maintain its brand
appeal, the company focuses on innovation and expansion of its
product portfolio. The company believes that consistent product
innovation, supported by strong marketing and commercialization,
will deliver strong results over the long term.
Procter & Gamble currently carries a Zacks Rank #3 (Hold).
Some better-ranked companies from the consumer goods sector include
). While BRF S.A. sports a Zacks Rank #1 (Strong Buy) both Unilever
NV and Unilever plc carry a Zacks Rank #2 (Buy).
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PROCTER & GAMBL (PG): Free Stock Analysis
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