SmileDirectClub and Walmart announced a distribution partnership today, sending shares of the startup up almost 20 percent Monday.
The oral-care company, which calls itself the first direct-to-consumer medtech platform for teeth straightening, announced a series of products available only at the big box retailer Monday morning. However, its signature teeth aligner won't be found in Walmart's aisles.
Some products Walmart ($WMT) shoppers can pick up instead are SmileDirectClub's electric toothbrush and teeth whitening system, plus planned new products like toothpaste and a UV cleaner to sanitize products like toothbrush heads.
SmileDirectClub ($SDC) hopes Walmart's size brings more customer awareness to the startup. The product line at Walmart, the biggest retailer in the U.S., is a "billboard about smiles," company Chief Global Brand Officer Josh Chapman told Cheddar.
Chapman said the company made a "simple-to-use, affordable, premium" toothbrush for Walmart and hopes to turn those new Walmart customers into users of its popular teeth aligners.
JPMorgan Chase says profits jumped sharply ias the bank cashed in billions of dollars of its holdings in Visa Inc., also helped by higher interest rates.
Archegos's Bill Hwang turned $10 billion into $160 billion into nothing. Plus: Intuit's layoffs, Elon's travails, Boeing's bad week, Jerome Powell, and mor
Language learning apps surged in 2024, with Babbel offering interactive lessons, vocabulary practice, and grammar exercises for effective language acquisition.
The Mind-Money Connection explores how managing finances can boost happiness and uncover the real impact personal finances have on mental health and well-being.
WASHINGTON (AP) — Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off abou
