Retail

Despite some initial skepticism, could Target’s turnaround be right on target?

Is Target on target? Our Yale Chief Executive Leadership Institute analysis of Fortune 500 CEO successions suggests an internal candidate has strong odds.

Retail

Despite some initial skepticism, could Target’s turnaround be right on target?

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Amazon and Walmart want to use gen AI to transform online shopping. This startup wants to do the same for everyone else

Congress could be about to give grocery stores and gas stations new payment options—but big banks are warning the savings will not be passed on to consumers and could mean the end of credit card rewards

Tiger Woods will create an apparel brand with TaylorMade after breaking up with Nike: ‘It won’t help you hit it further but you’ll look better than you do right now’

Meet the worst offenders on ‘shrinkflation’: dollar stores

Coke slashes 400 different drinks down to 200, recalling Bernie Sanders’ rant: ‘You don’t necessarily need a choice of 23 underarm spray deodorants or of 18 different pairs of sneakers’

Despite all their anti-capitalist talk, Gen Z is addicted to celebrity—they’re more likely to purchase from brands they think are ‘cool’

Uber Eats backtracks on Super Bowl ad after food allergy moms’ furious reaction to ill-advised peanut joke

You’re not imagining it—there really are fewer shows to watch, and it’s because ‘peak TV’ really did peak last year

Everybody hates inflation–even grocers

Europe’s economic crisis has obliterated Gen Z and millennial drinking habits—and it might be kicking off a long-term sobriety movement

LVMH-backed fund is buying a big chunk of Tod’s as leather driving loafer maker struggles to remain relevant in luxury world

Remington leaves the upstate New York village where it made guns for 200 years after a PE takeover and 2 bankruptcies

With Huy Fong’s iconic sriracha, a Vietnamese refugee created a new American consumer category—then lost it to Tabasco

From JPMorgan to Trader Joe’s: 2 millennials who’ve been best friends since college quit their 6-figure jobs to start a multimillion-dollar hard seltzer brand

Puma bets on Africa’s wave of Gen Zers and their love for ‘casualization’ to drive growth—but analysts worry about the impact of laziness on the sportswear industry

IKEA’s price cuts come from a cocktail of automation, low raw material costs and ‘saving for the rainy days’

You’re going to pay more for your chocolate bars because of El Niño and climate change in Africa. Just look at what chocolate firms are saying

‘A Kodak déjà vu’: Apple’s Vision Pro is yet to find its killer app–and it could spell trouble for Tim Cook’s risky bet

Hermès looks to raise prices as wealthy shoppers continue splurging on Birkin and Kelly bags, driving sales up 21% last year

Chinese tycoons have lost over $320 billion in 3 years, but the SharkNinja mogul who moved to the U.S. in 2017 just shot to $3.2 billion

Coca-Cola is making a play for Gen Z with spicy soda. Here’s a look back at past bizarre flavors, including its apathetic bid for Gen X

Burger King offers a chance to win a $1 million prize if customers can create the next successful Whopper idea

Novo Nordisk’s CEO says he’s fielding calls from ‘scared’ junk food suppliers asking for advice over Ozempic surge

Ford sees ‘ultimate competition’ of Chinese EVs and affordable Tesla models as it projects $5.5 billion loss in battery-powered unit

Pizza Hut helps you both dump and fatten up your soon-to-be ex this February with ‘goodbye pie’

Dart Container ‘honored’ that Toby Keith ‘chose the iconic Solo cup as a sign of good times’ in tribute to stomach cancer victim

The secret ingredient in Kentucky’s booming $9 billion bourbon industry: Help from the government

‘No hormones, ever,’ Shake Shack says about its chicken. Activist shareholders say that’s true for every other chicken sold in the U.S. too

E.l.f. has grown for 20 straight quarters. CFO Mandy Fields on what’s driving that momentum—and the beauty brand’s Super Bowl play

Absurd federal laws leave New York with too much weed and too few stores, Connecticut retailers with cannabis shortage

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