Major U.S. retailers are starting to pull t-shirts, license plates, and belt buckles bearing the Confederate image. Walmart (WMT), the world’s largest retailer, says it has now taken down reproductions of the Confederate flag and any other Confederate-themed paraphernalia from its physical and online stores. “We never want to offend anyone with the products that we offer,” spokesman Brian Nick said in a statement. Sears Holdings (SHLD), which operates Kmart and the department store Sears, said it will not allow third parties to sell confederate-themed merchandise on its online platforms anymore. Sonic (SONC) raised its full-year earnings outlook Monday after quarterly profit met views, but the bumped-up guidance still fell short of analyst expectations. The drive-in restaurant chain expects new initiatives to grow profit by 27%-29% a share, up from an earlier prediction for 25%-27% growth. Wall Street sees per-share earnings rising 30% to $1.09 for the year. The online market for razorblades barely existed a few years ago, yet Americans have taken to it quickly: Web sales of men’s shaving gear in the U.S. have nearly doubled in the 12 months through May to $263 million, according to estimates from Slice Intelligence, a market research firm. Gillette parent, Procter & Gamble (PG) was taken by surprise by the quick shift.
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