• Allbirds To Open 20 Stores in 2020
    D2C eco-friendly footwear brand Allbirds "is ramping up its brick-and-mortar presence," according to Chain Store Age. It will open 20 stores next year, moving into "such new markets as Atlanta, Dallas, and Denver," for a total of 35 by the end of 2020.
  • Miller-Budweiser Corn Syrup Battle Escalates
    In the latest court filings, Anheuser-Busch claims MillerCoors, which operates a brewery in Milwaukee, stole its recipes and other trade secrets. What started as a spat over corn syrup and truth in advertising has turned into a months-long battle between the rival brewers. Anheuser-Busch “claims a MillerCoors brewmaster, Josh Edgar, tapped an Anheuser-Busch employee for information on ingredients for the company's beers,” according to the Journal-Sentinel.
  • LeBron James Gives Students Nike Sneakers
    LeBron James gave 800 pairs of Nike LeBron 16 sneakers to students at his “I Promise” school. The philanthropy comes on the heels of controversy around remarks James made to voice support for pro-democracy protests in Hong Kong. “Last year, Nike and James created a special ‘I Promise’ colorway of the LeBron 16 sneaker that was only made available through a raffle that raised funds for children in his native Akron, Ohio.”
  • Amazon Offers Next-Day Delivery On Cheap Items
    Amazon is offering one-day delivery on inexpensive individual items, which puts pressure on other retailers. “Over the last few months, Amazon has removed several barriers that previously made it difficult for customers to purchase a single sub-$5 item on its own,” Vox reports. “The result is a flood of low-priced items — a $2 roll of dental floss or a 75-cent makeup brush — made available to Prime customers with free one-day shipping.”
  • Patagonia Intros Sustainable Garment
    Patagonia is making one of its most popular products 100% sustainable. “As of today, 100% of Patagonia’s waterproof shells (all 61 of them) are constructed from recycled materials and sewn in Fair Trade Certified factories,” according to The Manual. “From Alpine and Snow to Lifestyle and Kids, every style in the Patagonia catalog represents a groundbreaking level of sustainability — not just on the outdoor apparel scene, but for the entire fashion industry.”
  • Dunkin' CMO Will Stick Around Until Replacement Is Hired
    Dunkin' Brands announced Tuesday that Tony Weisman, CMO Dunkin' U.S., is stepping down from his position, effective Dec. 1, but has agreed to assist in the search for his replacement. “Until the appointment of a new CMO, the marketing department will report to Dave Hoffmann, Dunkin' Brands CEO and Dunkin' U.S. president,” according to QSR Magazine. “Dunkin’s decision to rebrand and remove the ‘Donuts’ came after it put its creative business under review for the first time in two decades.”
  • GM Reaches Tentative Deal With UAW
    General Motors and the United Auto Workers have reached a tentative agreement that could end a month-long nationwide strike. Union leaders will meet Thursday to vote on the deal and end the work stoppage. The deal must still be voted on by rank and file workers and the strike could continue until then. “Typically after a tentative agreement is reached, UAW leaders move to end the strike,” per The Wall Street Journal. “But they also have the option to extend it until the labor pact is ratified, a process that can last more than a week.”
  • Amazon, Walmart Kicking Fresh Direct's Tires Again
    Amazon and Walmart are once again considering buying on-demand grocery delivery platform FreshDirect -- the second or third time they've mulled coming to the food delivery party, according to reports cited in Chain Store Age. The company is on the block following its 2018 move to the Bronx, where it "has been losing customers due to late and incomplete deliveries caused by difficulties integrating the technology at the distribution center with its front-end e-commerce software."
  • 3 Drug Distributors Could Pay $18B In Opioid Settlements
    "Three major drug distributors are in talks to pay $18 billion to settle sweeping litigation brought by state and local governments blaming them for fueling the opioid crisis," according to sources cited by The Wall Street Journal. The deals would pave the way  "for a broad resolution to lawsuits that have shaken the pharmaceutical industry."
  • Boeing Strips Chairman Of Title
    After months of "mounting pressure," Boeing announced that chairman and CEO Dennis A. Muilenburg "would lose his title as chairman, a rebuke from a board that has defended Boeing’s senior leadership after two crashes of its 737 Max jet killed 346 people," according to the New York Times. The lead independent director of the board, David L. Calhoun, will take Muilenburg's place. The post also explores other continued pressures for Boeing, including customers complaining about "inconsistent updates from the company about the status" of the 737 Max.
« Previous EntriesNext Entries »