P&G's Tide Dry Cleaners Now in Little Rock - Analyst Blog

The Procter & Gamble Company PG recently opened two Tide Dry Cleaners stores in Little Rock, AR. The store has been opened under its wholly-owned subsidiary, Agile Pursuits Franchising, Inc., which collaborated with local franchisees to open the first Tide Dry Cleaners stores in Little Rock.  

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. Last month, the company opened the fourth Tide Dry Cleaners store in Dunwoody, GA. Agile Pursuits Franchising collaborated with NDC Group, LLC to open the 21st Tide Dry Cleaners store in the U.S.

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 effortless.

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 BRF S.A. BRFS, Unilever NV UN and Unilever plc UL. BRF S.A. sports a Zacks Rank #1 (Strong Buy) while both Unilever NV and Unilever plc carry a Zacks Rank #2 (Buy).

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