One month into his new role and Pinterest CEO Bill Ready was given a rousing 20% ovation from Wall Street Monday after the former PayPal and Google executive told investors he planned to unlock and monetize the ailing social media company’s unique potential. Get the...
Valvoline, the second largest operator of oil change and auto service locations in the U.S., said Monday (Aug 1) that it sold its global lubricants business in order to become a pure-play retailer focused on faster growth and expansion opportunities at a time when consumers...
With the hiring market more competitive than ever, Amazon is expanding its free college tuition offering to more than 750,000 operations employees across the U.S., covering the cost of classes, books and related fees, according to a company press release Friday (July 29). Get the...
Walmart, on Friday (July 29), launched a refurbished product program, dubbed Walmart Restored, that will sell used products that the company touts as “good as new,” according to a company blog post announcing the initiative by Michael Mosser, general manager of Walmart Marketplace. Get the...
Instagram is teaming with streetwear fashion designer Anwar Carrots on a limited-edition clothing line available exclusively through the NTWRK livestream shopping app starting at 11:30 a.m. on Aug. 5, according to a company announcement. Get the Full Story Complete the form to unlock this article...
Thirty years ago, in a tightly contested run for the White House, political strategist James Carville characterized the singularity of focus he felt was needed to win the election with the now famous quip, “It’s the economy, stupid.” Get the Full Story Complete the form...
The highly competitive global sneaker wars have a new contestant to look out for after Deckers said its Hoka line of athletic shoes has grown into a $1 billion brand that’s vying alongside other upstarts to take on struggling stalwarts Nike and Adidas. Get the...
The U.K.’s Competition and Markets Authority (CMA) is launching an investigation into three fashion retailers for making misleading claims about their sustainability practices, according to a Friday (July 29) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As economic headwinds get stiffer, companies that rely on grocery sales are navigating them with new leaders at the helm. Instacart, for its part, announced Friday (July 22) that CEO Fidji Simo has been named chair of the company’s board of directors, and Founder and...