Diapers, and the companies that manufacture them, made the news today for the loss in profits. Many readers will first notice the subtitle: “America’s birth rate is at its lowest level in three decades. That’s a problem for Pampers and Huggies.” Unfortunately for the families across America, and in Western North Carolina, there is still a major problem for lower and middle-class families who struggle to pay for diapers.
As the author of the article reports:
“Diapers are also a profit windfall for the companies because they’re expensive and parents repeatedly need to restock.”
The author also quotes Leonard Lodish, a professor emeritus at the Wharton School of Business and an early investor in Diapers.com.
“There aren’t as many expenditures for a household as big as diapers.”
Read the CNN Money article at http://money.cnn.com/2018/06/14/news/companies/pampers-huggies-diapers/index.html