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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Levi Strauss to cut up to 15% of corporate workforce in ‘productivity initiative,’ shares slump

What the ill-fated Ron DeSantis campaign and plant-based meat have in common, according to a marketing expert

McDonald’s has a hit on its hands with CosMc’s—it’s twice as popular as its parent company, according to one study

Electric vehicle shoppers are crying out for anything under $50,000. Exactly 5 cheaper models should be coming out this year

Bud Light hopes to win people back with Super bowl ad

Tesla warns investors that 2024 sales could be ‘notably lower’ as it’s caught between two big growth waves

Starbucks sued for negligence over Pittsburgh store frequented by high school students

A lot of Americans sitting around who never had cash before: New Yelp data reveals the small-business boom from the pandemic has real-world legs

Chipotle is looking to hire 19,000 people—and it’s targeting Gen Z by helping with retirement and student loan debt

Ford recalls almost 2 million Explorer SUVs with trim pieces that fly off in traffic

Ikea is busy cutting prices while everything else gets expensive—and the group’s CEO says it wasn’t ‘rocket science’ to make that call

Gen Z loves self-checkout because it makes shoplifting easy—and retailers are flailing as they scramble to undo it

Volkswagen just lost its crown as China’s biggest carmaker to Warren Buffett–backed BYD

French ‘Succession’ intrigue deepens as source says Bernard Arnault plans to nominate 2 more millennial sons to LVMH board

Gucci-owner Kering is buying up prime property in New York worth nearly $1 billion as luxury slowdown presses on

‘We’re like Americana’: Bowling proprietors association waives fees, sends equipment and gift cards after Maine mass shooting

Maker of Wilson tennis rackets and Salomon boots aims for an IPO that could raise $1.8 billion

AI far too expensive to replace humans in most jobs, MIT study finds

‘Pokémon with guns’ is a smash hit—and infuriating to Nintendo diehards

‘Greedflation’ is a problem for central banks now, with Richmond Fed’s Barkin worried that corporate price hikes are baked into the system

Legendary CEO James Keyes: Here’s how I saved 7-Eleven–and why I couldn’t save Blockbuster

Applebee’s wants to be your weekly romantic restaurant with a Date Night Pass that sells 52 meals for $200 per year

AI’s latest task is helping supermarkets safely unload soon-to-expire food

‘Greedflation’ caused more than half of last year’s inflation surge, study finds, as corporate profits remain at all-time highs

Ben & Jerry’s reaches union contract with about 40 workers at its original location in Vermont

Burt’s Bees made a ranch-flavored lip balm—and it’s already sold out

Macy’s is laying off 2,350 workers, while Wayfair sacks 1,650 as retail job cuts bite

Cartier-owner Richemont’s earnings may show the bright spot that luxury companies have been waiting for—demand from Chinese shoppers

Over half a million beds sold at Walmart and Wayfair get recalls because of ‘breaking, sagging or collapsing’

Electric vehicles are ‘resetting a bit’ after Biden ‘tried to push the market too quick,’ Georgia’s Brian Kemp says

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