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Progresso has new soup for you
Progresso Soup has introduced some new varieties of ready-to-eat soups to its product lineup, including in its Progresso Light and Progresso Heart Healthy lines.
Joining the Progresso Light line are Light Chicken Corn Chowder and Chicken and Cheese Enchilada.
Three new soups will join the Rich and Hearty line: Tomato Florentine with Italian Sausage, Lentil and Andouille Sausage, and Creamy Alfredo with Penne and Chicken.
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Misguided marketing affects Pier 1 Q2 results
Pier 1 Imports president and CEO Alex W. Smith identified misguided marketing and store assortments as the primary causes for the retailer’s poor earnings and performance for the second quarter ended Aug. 31.
The retailer substantially missed expectations with a 32% decline in net income for the second quarter of fiscal 2014 compared to the same period last year. Net income totaled $17.8 million in the most recent fiscal quarter, down from $26.2 million.
