Washington Post
Chocolate companies have missed deadlines to uproot child labor from their cocoa supply chains in 2005, 2008 and 2010. “As a result, the odds are substantial that a chocolate bar bought in the United States is the product of child labor,” per an in-depth report from the Washington Post. “About two-thirds of the world’s cocoa supply comes from West Africa where, according to a 2015 U.S. Labor Department report, more than 2 million children were engaged in dangerous labor in cocoa-growing regions.”
Tribune Media Wire
Goodbye blue Walmart vests, hello earth-friendly “neutral steel gray” with a neon blue, green or pink trim. The new vests will be made from recycled bottles and have bigger pockets. Walmart, which announced the changes Wednesday, last redesigned its uniforms in 2014. The company said the neon color will help customers more easily spot Walmart associates. Employees will receive the vests later this year for free.
Axios
Retail isn’t dead -- there just aren’t enough famous people to go around to prop it up. Nordstrom has teamed up with influencers like Gal Meets Glam's
Julia Engel to drive traffic and sales. Rihanna, having already launched a
lingerie line and a successful
makeup brand, has now joined LVMH. "Other celebrities, including Gwyneth Paltrow (Goop), Kate Hudson (Fabletics) and Jessica Alba (Honest) are also having more financial success in retail than they ever did in Hollywood," according to
Axios.
Wall Street Journal
Tiffany & Co. cites lower demand from tourists as the reason for a drop in sales for a second quarter. Tiffany Chief Executive Alessandro Bogliolo told analysts that the strong dollar damped purchases by foreign tourists in the U.S. “The jewelry company’s U.S. sales to foreign tourists—which account for about 12% of the total for its home region—fell 25% from the year-earlier quarter, with sales to Chinese tourists off even more,” per the Wall Street Journal.
Fast Company
Look out, Impossible Burger and Beyond Burger: Nestlé, the largest food company in the world, is preparing for the U.S. launch of a similarly realistic plant-based burger of its own. Called the Awesome Burger, the new product was developed by Sweet Earth, which also makes products like “Benevolent Bacon.” Like the products made by Impossible and Beyond, the new burger is designed to look and taste like beef, not plants, according to Fast Company.
TechCrunch
Ikea is offering a line of robotic furniture it developed in partnership with Ori Living. The furniture can convert from a storage and seating unit into a bed and closet and back again. It is designed to use space inside the home more efficiently, especially as housing units become smaller to accommodate the 1.5 million people who move to a city somewhere in the world every week, the retailer said in a statement.
Bloomberg
The Virgin America brand is now aviation history, bringing a formal end to Richard Branson’s groundbreaking effort to bring some European flair to the United States. Alaska Air Group Inc. has finished repainting the Airbus SE fleet it acquired when it bought the Branson-backed carrier three years ago. The 71st and final Alaska Airbus was scheduled to roll out of a painting facility in Victorville, Calif. Sunday after nine days of refurbishments.
Mother Jones
Urban millennials and aging consumers are two segments within the same demographic group — single-person households. Procter & Gamble researchers have discovered that a giant toilet-paper roll appeals to both segments. “Young people appreciate the convenience of not having to change the roll so often, and aging consumers find a bigger roll easier to handle,” according to Mother Jones. Charmin Forever Roll is 8.7 or 12 inches in diameter, compared to five inches for conventional rolls, and will last two or three months.
NYSportsJournalism.com
In anticipation of the 2020 Olympics, USA Basketball has signed a multi-year deal with Red Bull North America as its official energy drink. Red Bull will host more than 20 qualifying tournaments nationwide under the newly created Red Bull 3X series to”identify the eight athletes who could potentially represent USA Basketball at the 2020 Olympics.
CNN.com
LaCroix, with its retro label and unique flavors, became an unlikely leader in the seltzer market. But now it's facing competition from bigger, deeper-pocketed companies. “American consumers increasingly seek out drinks that have functional elements, like nutritional value or a jolt of caffeine," per research company Mintel in a CNN report. “They also want healthy, low-sugar or sugar-free offerings. Sparkling water ticks a lot of those boxes.”
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