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Monday, February 25, 2019

Procter to Roll Out Laundry

Apparently profitable, have never used the service though several are nearby.  Nice leverage of the Brand Name equity.  .

Tide to roll out laundry cleaning service nationwide in Retailwire  by Tom Ryan plus expert discussion.

Procter & Gamble announced a commitment to double the size of its current out-of-home laundry footprint by the end of 2020, making Tide Cleaners’ services available in more than 2,000 locations nationwide.

The expansion builds on Tide’s entry nearly a decade ago into dry cleaning that has since included several acquisitions in wash and fold services to meet the needs of the 26 million American households currently using shared facilities or outsourcing laundry. ... " 

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