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Market Chatter: Haleon Negotiates Better Shelf Placement at Walmart, Target

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Haleon (HLN) has negotiated better shelf placement at Walmart (WMT) and Target (TGT), Reuters reported Thursday.

Haleon was demerged from GlaxoSmithKline (GSK) in 2022.

The company said it has offered major retailers better prices and promotions, as well as exclusivity on new products, in exchange for more prominent shelf space.

Haleon, Target, and Walmart did not immediately respond to requests for comment from.

Shares of Haleon were down 2%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $9.76, Change: $-0.16, Percent Change: -1.61%

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