Adidas is putting its struggling Reebok footwear business up for sale. “The decision, which analysts have been expecting for months, is part of the German sportswear company’s assessment of ‘strategic alternatives’ for Reebok, a brand that reached its cultural zenith in the 1980s,” per Fortune.  “Reebok’s pop culture cred was bolstered by products like a line of shoes in partnership with rapper 50 Cent."

The Major League Baseball team in Cleveland will no longer be known as the Indians after 2022, the club’s owner announced Monday. Unlike the Washington Redskins, which faced pressure from sponsors like Nike, Pepsi and FedEx, the Cleveland team has not received any ultimatums, at least none that have been reported or made public. But like other sports teams with Native American-related monikers, the team has been continually criticized over the years for maintaining an identity that some call racist.

Event planners are eagerly awaiting the second half of 2021, when it is predicted that in-person events can safely begin to resume. But are crowded convention halls gone forever? Maybe. “Some of the unexpected benefits of online conferences will ensure they continue in some form, to everyone’s advantage: When organizers don’t have to pay for a physical space, they may be able to lower or even eliminate ticket fees,” per Wired.

Petco has dropped the line drawing of a cat and dog from its new logo, and consumers on Twitter are “outraged” according to Campaign. The new logo is navy blue and very simple. The logo change is part of Petco’s rebrand to "Petco, The Health + Wellness Co" from "Petco Animal Supplies.” The company is reassuring concerned fans that the animals are “here to stay,” although how the silhouettes will be used is not clear.

Walgreens on Friday outlined plans for getting an approved COVID-19 vaccine to vulnerable patients. Executives from the company hosted a LinkedIn Live event with PharmMerica chief pharmacy officer TJ Griffin, outlining when long-term care residents can expect to begin getting vaccinated. PharMerica, which operates more than 30,000 long-term care facilities, said that its partnership with Walgreens for the COVID-19 vaccine rollout joins previous vaccination efforts.

Target is extending its store hours in the days leading up to Christmas, but the retailer is reducing its special hours for senior shoppers age 65 and older, pregnant women and those defined as vulnerable or at-risk at most locations from two days a week to one. Other stores also recently extended hours, an annual holiday shopping tradition. However, amid the pandemic, store hours are shorter than last year.

Thanks in part to online sales, Michaels Cos. reported a better-than-expected third-quarter performance. “The arts and crafts retailer announced it will pay approximately $10 million in one-time holiday bonuses to full-time and part-time employees in recognition of ‘their extraordinary work this year during unprecedented times,’” according to Chain Store Age.

For those itching to travel overseas, Delta and the Italian government have crafted a solution. Through an agreement between the airline and Italian officials, passengers will undergo COVID-19 tests to bypass a quarantine. The airline has entered into an agreement with Rome-Fiumicino International Airport and Hartsfield-Jackson Atlanta International Airport that will allow U.S. travelers who are legally able to enter Italy to do so quarantine-free.

Covid-19 has backed many brands into a corner as typical trends were thrown off entirely. But companies still had opportunities to take advantage of new trends. While the product concept-to-consumer timeline for apparel and footwear typically takes 12 to 18 months, Under Armour saw an immediate need that could be filled with a new face mask purpose-built for athletics.

The Gap is closing its flagship 20-year home on Chicago’s Magnificent Mile. The three-story store will close at the end of January, Gap spokeswoman Justine Jordan told the Chicago Tribune. “As part of our company strategy to adapt to the changing needs of our customer and growth of our online business,we are looking thoughtfully at our real estate to support the best path forward,” she said.