CPG News

UK retailers are losing millions of pounds of revenue every year by turning their backs on disabled consumers.... Read more
One in five shopping centres bought since 2016 acquired by local authorities as towns hit by store closuresCouncils are set to spend £1bn on buying shopping malls as they try to redevelop town centres depressed by a wave of store closures.Local authorities have spent a record £775m buying shopping centres... Read more
Source: The Guardian
Walmart on Friday opened up its first Walmart Health center in Dallas, Georgia. The location is located next to a Walmart Supercenter, with a separate door for those looking to use the health services.  The new clinic is the start of Walmart's ambitions to get more embedded in the healthcare... Read more
From a loyal MR reader: Advice question for you and MR readers, riffing on one of your Conversations themes, if you would indulge me. What advice would you give to someone wishing to build a career in climate change mitigation as a non-scientist?  Two advice scenarios: 1) the person is... Read more
Andy Dunn, Walmart's senior vice president of digital consumer brands, recently shared a memory about his early days with Bonobos. In 2017, Dunn sold his online menswear brand Bonobos to Walmart for $310 million. He spoke to the audience at the Business of Home's first Future of Home conference about... Read more
Drunk Elephant founder Tiffany Masterson went from being a stay-at-home mom to a founder of one of the buzziest skincare companies in the US.  Business Insider spoke with Masterson about her experience building a successful brand and how she's worked to preserve its mission as it looks to expand.  "The... Read more
On Tuesday, Wendy's announced that it would be rolling out a breakfast menu nationwide in 2020. The chain's stock dropped by over 11% on Tuesday after the chain revised its profit due to the breakfast announcement. I went to a Wendy's location that was testing the breakfast menu and tried... Read more
Supermarket giant opened just 10 discount chain stores, with job cuts and sales of £24mWhen Tesco unveiled its discount chain Jack’s a year ago hopes were high it could pose a serious threat to Aldi and Lidl. A year on fewer stores than expected have opened with recent job losses... Read more
Source: The Guardian
Here’s my podcast on Macro Musings with David Beckworth. One bit on China. Tabarrok: The perspective which we’re getting today is that we’re in competition with China, but actually, when it comes to ideas, we’re in cooperation with China, because the more scientists and engineers that there are in China,... Read more
The company, soon to update on trading, has ambitions to shift from low-margin grocery sales to being a technology platformJanuary will mark 20 years since three former Goldman Sachs bankers with no experience of food retailing hatched a plan for an online grocer.The company started off as Last Mile Solutions... Read more
Source: The Guardian
Multiple students on campus have offered to pay their classmates to drop out of classes they are waitlisted for, raising concerns about over-enrollment and advising. Campus sophomore David Wang reposted a screenshot on the Overheard at UC Berkeley Facebook page showing a post by a Haas senior in their final... Read more
A yak is on the loose in the US state of Virginia after escaping from a trailer on its way to the butchers. Meteor, a three-year-old who belongs to farmer Robert Cissell of Nature’s Bridge Farm in Buckingham, Virginia, has been missing since Tuesday. Mr Cissell told the BBC Meteor... Read more
Target unrolled is relaunch of 20 designer collaborations Saturday. The company has brought back a slew of 300 products from past designer partnerships, including Michael Graves, Anna Sui, and Lilly Pulitzer. Target shoppers and employees alike have taken to Twitter to commemorate the launch. Visit Business Insider's homepage for more... Read more
Trucking moves 71% of the freight in the United States. Most of the basic functions of society wouldn't be effective if truckers were to stop working. And naturally, your Amazon Prime packages would be delayed.  Visit Business Insider's homepage for more stories. Trucking moves 71% of the freight in the United States.... Read more
Nets sixth man Spencer Dinwiddie is in the process of converting his contract so it can be used as a digital investment tool, Shams Charania of The Athletic reports. Dinwiddie’s deal, which he agreed to during last season, is worth $34 million over three years. By converting it to be used as... Read more
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