Mattel Executive Richard Dickson Joins Gap as its New CEO
Richard Dickson, CEO of Gap Inc. Courtesy: Gap Inc. Gap announced Wednesday it’s poached a top Mattel executive to be its new CEO as the apparel giant seeks to reverse …
Retail industry
Maxwell House introduces new foam-infused instant iced latte, courtesy of Kraft Heinz
Maxwell House’s new Iced Latte with Foam Source: Kraft Heinz At 131 years old, Maxwell House is no spring chicken, and most of its loyal drinkers aren’t either. But Kraft …
Is it too risky? The retail industry’s growing reliance on zero day options
It’s a sophisticated trading strategy that’s becoming more accessible to retail investors. The strategy: Zero days-to-expiration options — which is essentially a one-day bet on the direction of the markets. …
Dream on Me acquires 11 lease locations previously held by Buy Buy Baby
“Store Closing” signs at a Buy Buy Baby store in the Brooklyn borough of New York, on Monday, Feb. 6, 2023. Stephanie Keith | Bloomberg | Getty Images The New …
TikTok Shop Collaborates with Atome for Buy Now, Pay Later Service in Malaysia
Two sellers offering merchandise for sale through a TikTok livestream. Bay Ismoyo | Afp | Getty Images TikTok struck a partnership with “buy now, pay later” service Atome to offer …
Nobull Secures Majority Stake with Investment from BodyArmor Founder Mike Repole
Nobull is a training brand founded in 2015 by former Reebok executives Marcus Wilson and Michael Schaeffer. Source: Nobull The man who turned Vitaminwater and BodyArmor into household beverage names …
Walmart Reduces Walmart+ Membership Cost for Food Stamp Recipients
Rafael Henrique | Lightrocket | Getty Images Walmart is reducing the cost of its subscription service for Americans who receive food stamps and some other types of government assistance, as …
Macy’s grapples with hurdles surrounding its new exclusive brands
Macy’s launch event for its new private brand, On 34th, also marked one of the first public appearances by Tony Spring (left) since he was named incoming CEO. Spring is …
Beauty company set to go public with price exceeding initial range
Oddity Tech, the beauty and wellness company that uses AI to develop cosmetics and has former Israeli defense officials on staff, is set to go public Wednesday as the IPO …
Owner claims Lionel Messi’s signing will double Inter Miami revenue
Major League Soccer’s hottest new star is already paying off for Inter Miami. All-time soccer great Lionel Messi’s arrival is expected to double the club’s revenues over the next 12 …