US News

Stream to Sell Retail Energy Business to NRG Energy; Will Focus on Direct Selling Business

NRG

Stream Energy announced that it has entered into a definitive agreement to sell its retail energy business to NRG Retail LLC, a subsidiary of NRG Energy, Inc. (NYSE: NRG). At closing, the Dallas, Texas-based Stream’s remaining business will emerge as a new brand to market energy and wireless services through its independent sales organization and will be the exclusive…

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AdvoCare Announces Revision of Business Model

Business Model

AdvoCare International today announced a revision of its business model from multi-level marketing to a direct-to-consumer and single-level marketing compensation plan. AdvoCare has been in confidential talks with the Federal Trade Commission about the AdvoCare business model and how AdvoCare compensates its Distributors. The planned change will impact Distributors who have participated in the multi-level…

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New Amazon Initiative Helps Employees Start Their Own Businesses

Delivery Service Partner

Amazon recently announced the expansion of its Delivery Service Partner program in the US with a new incentive for current Amazon employees to start a small business owning and operating a package delivery company. The new incentive will fund the startup costs, up to $10,000, as well as the equivalent of three months of the…

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Q1 Results: Mannatech Down 8%; Oriflame Down 6%

first quarter

Flower Mound, Texas-based Mannatech, Incorporated (NASDAQ: MTEX) recently announced net sales of $38 million for the first quarter of 2019. The net sales represented a decrease of $3.4 million, or 8.2 percent, as compared to $41.4 million in the first quarter of 2018. Income from operations increased to $1.1 million for the first quarter 2019, from a loss of $0.9 million in the same period in…

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Nature’s Sunshine Reports 4.5% Q1 Net Sales Growth

Nature’s Sunshine Q1

Nature’s Sunshine Products, Inc. (NASDAQ: NATR) reported its net sales for the first quarter ended March 31, 2019 were $91.3 million. “We are pleased to report a strong start to fiscal 2019 with continued net sales growth and significantly improved earnings,” said CEO Terrence Moorehead. “Growth continues to be driven by sustained positive sales trends…

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9 Direct Selling Companies Honored with Stevie Awards

Stevie® award

Nine direct selling companies were recently selected as 2019 Stevie® award winners by the American Business Awards for outstanding performances in the workplace. 4Life Research, ARIIX, Jeunesse Global, Kannaway, LifeVantage, Medifast/OPTAVIA, MONAT Global, USANA Health Sciences and Vivint Smart Home were among the companies chosen. The winners will be presented with their awards at the 17th…

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Joshua Plant Named Isagenix Chief Science Officer, Chairman of Advisory Board

Joshua Plant

Isagenix International recently announced that it has added Joshua Plant, Ph.D., to its executive leadership team as its chief science officer. In his new role, Plant will oversee the research and development, product design and development, product commercialization, and quality assurance of all Isagenix products. Plant has also been named chairman of the Isagenix Scientific…

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Erin Brockovich Joins LifeVantage Board

Erin Brockovich

LifeVantage recently announced the appointment of Erin Brockovich to its Board of Directors. “We are thrilled with the addition of Erin to our Board,” said LifeVantage Board of Directors Chair Garry Mauro. “She brings an uncommon blend of legal prowess and experience, health and wellness advocacy, and global voice and influence. Her passion, tenacity, outside-the-box thinking…

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PM-International Opens Headquarters in Americas

Headquarters Americas

Luxembourg-based PM-International celebrated the latest milestone of its expansion strategy: the opening of its new Headquarters Americas in Sarasota, Florida. A ribbon-cutting ceremony held on May 4 was part of the company’s Kick-Off USA event. Attendees included PM-International CEO and Founder Rolf Sorg; Sammy El Ghoul, chief sales officer; Rob Hukezalie, general manager, PM-International Logistics Center…

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Evolv Health CEO Sam Caster Presents at CannaMexico World Summit

Sam Caster

Evolv Health CEO and President Sam Caster was chosen to present at the recent CannaMexico 2019 World Summit hosted by former Mexico President Vincente Fox. Held in Guanajuato, Mexico, at the Fox Center April 25-26, the international summit focused on showing the global potential of the cannabis industry. Over 1,000 participants from 14 countries attended.…

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