Related Companies revealed a revised plan for its proposed Hudson Yards casino mega-complex. "Related CEO Jeff Blau said the proposed $10 billion development plan for the Yards’ entire western half will be kick-started by the 3 million-square-foot, Wynn-branded 'resort' tower – which would also house a 1,700-room hotel to serve the struggling Javits Center — as the developer seeks to snag the precious gaming license," per the New York Post.
Conny Braams, Unilever's chief digital and commercial officer, will leave the business in August after 33 years with the company, according to The Wall Street Journal. Unileverplans to name a replacement but has not yet done so. CFO Graeme Pitkethly will also leave the company -- but in May 2024. The changes come as Unilever "prepares for the arrival of new chief executive Hein Schumacher, who had been the CEO of dairy and nutrition business Royal FrieslandCampina" in July. Schumacher "succeeds Alan Jope, whose tenure has been marked by rising input production costs, the failed acquisition of GlaxoSmithKline’s consumer-healthcare …
Qurate Retail Group, QVC's and HSN's parent organization, has sold online retailer Zulily to Regent, a Los Angeles-based global investment firm. "Qurate acquired Zulily for $2.4 billion in 2015," per Retail Dive. "But Zulily recently hasn’t performed well. The unit has regularly posted the largest declines and losses in revenue within Qurate’s brand portfolio."
A national TV spot from McDonald's as part of its promotion with Disney's “The Little Mermaid” features Black Girls Surf, a competitive performance training camp. "McDonald’s donated funds to the nonprofit organization, will host a special screening of the film for its members, and invited several surfers to the premiere of the film," per Marketing Dive.
The brand's logo, which features Salt Life written in a brash, pointy font, was inspired by a neck tattoo. "Soon after Salt Life was founded in Jacksonville, Fla., in 2003, its logo started to appear on bumper stickers and T-shirts," per The New York Times. "Now, the logo can be seen on beach chairs, coolers and baseball hats; performance clothing for surfing and fishing; and even more human bodies. Jeff Stillwell, the president of the Salt Life Group at Delta Apparel, which has owned Salt Life since 2013, said that fans regularly send pictures of their logo tattoos."
New Vietnamese automaker VinFast Auto is already dealing with a recall of its 2023 VF8 electric vehicle. "A software error may cause the multifunction[ing] head unit display to go blank and not show critical safety information, such as the speedometer or warning lights, which may increase the risk of a crash, the company said in a safety recall report," per USA Today. "Of the 999 potentially affected vehicles, 111 are in customer hands, 153 are in fleet service, and 735 are in VinFast’s custody and control. Of those in customer hands or in fleet service, VinFast is aware of 18 reported …
"A thriving American pastime (pickleball) is now subsuming a dying American pastime (the mall)," per Curbed. "A former Saks Off Fifth in Stamford, Connecticut; a Burlington in Pleasantville, New Jersey; and a former Old Navy in a New Hampshire mall are all turning into pickleball courts. It’s a well-timed match," since empty storefronts abound in malls, while "one of the communities most desperate for space is pickleball players, whose sport has become extremely popular but who have few places to actually play."
Almost eight months after Kanye West ended his partnership with the Gap, the retailer filed a $2 million lawsuit against the rapper, "claiming that he’s responsible for the mess [the Gap is] in with Art City Center, a company that leased a building in downtown Los Angeles to Gap so they can sell their Yeezy Gap collaboration," according to The Root. The "Art City Center claims that Gap made a myriad of changes and alterations to their Los Angeles Building for the Yeezy Gap storefront without going through the proper channels. Now, they want Gap to reverse the …
"The home improvement retailer said it is launching a one-stop-shop concept designed to bring customers living in rural areas a wider offering of farm, ranch and outdoor products....in categories that include pet, livestock, trailers, fencing, utility vehicles and specialized hardware," according to Chain Store Age. "The new concept is rolling out among select Lowe’s stores, primarily in the South, Midwest and Northeast throughout the summer and is expected to be in place in 300 additional Lowe's stores by year end."
"The Federal Trade Commission is investigating whether baby-formula makers colluded on bids for lucrative state contracts," per The Wall Street Journal. The companies the fTC has contacted so far for information are Abbott, which sells Similac formula; and Nestlé, which supplies Gerber formula through WIC. "Reckitt Benckiser, the third company frequently awarded WIC contracts, said it can’t comment on specific government investigations."