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Proctor & Gamble (PG) Stock Closes Higher After Announcing Tide Pod Subscription Service

NEW YORK (TheStreet) -- Shares of Proctor & Gamble (PG) closed up 0.30% to $86.17 on Tuesday, as the company announced a new online subscription service for Tide Pods, reports the Wall Street Journal.

The Cincinnati, OH-based consumer goods company has typically relied on established stores like Walmart (WMT) and (AMZN) to sell its products. But now P&G will sell its Tide pods directly to customers through the Tide Wash Club, an online subscription service that offers free shipping at regular intervals.