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☆ See Glossier founder Emily Weiss's wild ride from Teen Vogue 'super intern' to head of the billion-dollar beauty brand — and what's next now that she's no longer CEO
▼ + stars: | 2023-03-07 | by ( Mary Hanbury | ) www.businessinsider.com time to read: 1 min

Emily Weiss was the CEO of Glossier, a beauty company that started online and found success in selling makeup directly to customers through Instagram. AP Photo/Mary AltafferWeiss moved to New York at 18 to study at New York University, majoring in studio art. It was at this point that she made her first foray into the fashion and beauty realm by taking up a three-day-a-week internship at Teen Vogue during her studies.

☆ The rise, fall, and comeback of Victoria's Secret, America's biggest lingerie retailer
▼ + stars: | 2023-03-06 | by ( Mary Hanbury | Áine Cain | ) www.businessinsider.com time to read: 1 min

He named the brand after the Victorian era in England, wanting to evoke the refinement of this period in his lingerie. Victoria's Secret vintage catalog 1982. Victoria's SecretHis vision was summed up by Slate's Naomi Barr in 2013: "Raymond imagined a Victorian boudoir, replete with dark wood, oriental rugs, and silk drapery. He chose the name 'Victoria' to evoke the propriety and respectability associated with the Victorian era; outwardly refined, Victoria's 'secrets' were hidden beneath." He went on to open a handful of Victoria's Secret stores and launched its famous catalog.

☆ TJ Maxx says its assortment of discounted brands is better than ever thanks to store closures elsewhere. Here's how it keeps prices so low.
▼ + stars: | 2023-03-03 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +4 min

TJ Maxx sells products at 20% to 60% cheaper than department stores and retailers. TJ Maxx says its thriving because of this. A network of experienced buyersTech accessories on display at TJ Maxx. Buying in bulkThe massive selection of purses and handbags at TJ Maxx. Well-known brands like Ralph Lauren have been known to make items for TJ Maxx in the past, but pulled back in a bid to address worries about brand exclusivity.

☆ Puma channeled Michael Jordan to announce Rihanna's return to the sportswear brand: 'She's back'
▼ + stars: | 2023-03-01 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +2 min

Her return announcement referenced Michael Jordan's infamous return to the NBA in 1995. It's not yet clear what this collaboration will involve but Puma teased fans on Instagram with a post that said: "She's back," alongside her Fenty brand logo. One of her sneaker designs, the Fenty x Puma creeper, was voted shoe of the year by industry news outlet Footwear News in 2016. Fenty Beauty, one of her most successful ventures, helped to catapult her into the Forbes billionaires list in 2022. According to Forbes estimates, Fenty Beauty brought in over $550 million in annual revenue just one year after it launched and is currently worth around $2.8 billion.

☆ Parade — the inclusive underwear brand beloved by Gen Z and self-styled as 'the internet's favorite' — is coming to Target
▼ + stars: | 2023-03-01 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +4 min

Inclusive underwear brand Parade is launching at 400 Target stores this week. The brand is popular with younger consumers, but wants to grow its reach away from its Gen Z core. Self-described as the "Internet's favorite brand," Parade has built itself up around its community of Gen Z nano influencers, who promote and offer feedback on new items. "Our ambition is to be the leading underwear brand for all people," cofounder and CEO Téllez told Business of Fashion. Insider reached out to both Target and Parade for further comment, but did not immediately hear back.

☆ The bright orange Aperol spritz cocktail mystified some Redditors after appearing on 'The White Lotus.' Now the maker of Aperol says the show has boosted US sales.
▼ + stars: | 2023-02-23 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +3 min

The Italian cocktail, Aperol Spritz, appeared multiple times on HBO's "White Lotus" series. According to Campari, the maker of Aperol, the apéritif is gaining market share in the US, in part because of its repeated appearances in "The White Lotus." Aperol Spritz has often been seen as a divisive drink. Aperol sales, which account for 22% of Campari's total portfolio, grew by nearly 50% in the US in 2022. Campari isn't the only business to see a boost from what has been dubbed as "The White Lotus" effect.

☆ Adidas is facing a problem even bigger than Yeezy
▼ + stars: | 2023-02-13 | by ( Danni Santana | Mary Hanbury | ) www.businessinsider.com time to read: +5 min

Adidas expects sales to drop by $1.28 billion in 2023 if it doesn't sell leftover Yeezy inventory. The company's guidance began on a bleak note with revenue for the year expected to drop after ending its Yeezy partnership. Against this background, Adidas said it is forecasting a decline in the high-single digits in sales in 2023. "The sales decline is about more than just Yeezy," Bernstein analyst Aneesha Sherman wrote in a note to clients early Friday. Cowen estimates the brand earned $1.2 billion in sales last year before Adidas terminated the partnership in October.

☆ TikTokers can't stop talking about the style of J.Crew's new womenswear design chief, and it's boosting brand image
▼ + stars: | 2023-02-10 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +3 min

J.Crew's new womenswear and kids design chief has gained a large fan base online. These images are being shared widely on TikTok, helping to boost the brand image. A spokesperson for J.Crew told Harpers Bazaar that its women's business has seen consistent growth since Gayot shared her collections and a boost in sales from her posts. Gayot told Harpers that when she joined in September 2020, a few months pregnant, she was apprehensive. New CEO Libby Wadle told The Wall Street Journal in the summer of 2022 that the company is now profitable.

☆ Americans are comfort eating potato chips, popcorn, and pretzels as economic anxiety rises and recession looms
▼ + stars: | 2023-02-08 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +3 min

The US salty snack market is continuing to grow even as consumers feel the pinch. According to Mintel's survey, more than a quarter of people have increased their consumption of salty snacks in the past year, with 47% of millennials eating more chips, popcorn, and pretzels. "As consumers continue to navigate stressful and evolving times, salty snacks can be there to help them slow down and even relieve stress," Mintel analyst Kelsey Olsen in a statement. "Salty snacks are winning in their ability to satisfy cravings and meet emotional needs, expanding their role beyond a quick hunger-satisfying solution." "Snacking continues to be a way for consumers to connect or to enjoy a moment of delight in their day," he added.

☆ Amazon is closing certain Amazon Fresh and Amazon Go stores, suggesting that grocery hasn't been as fruitful as it hoped
▼ + stars: | 2023-02-03 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +4 min

Amazon said Thursday that it will close certain Amazon Fresh and Amazon Go stores. Critics say the focus on tech rather than retail experience in stores is putting off shoppers. Initially, via its online delivery service Amazon Fresh, then through its acquisition of Whole Foods, and more recently with the launch of its Amazon Fresh supermarkets and Amazon Go cashier-less stores. This is a less transactional shopping experience, where customers that come into stores need to be seduced into buying products. Other critics say that Amazon has made the mistake of focusing too much on the tech in stores rather than the retail experience itself.

☆ Ugg boots, a fashion staple of the early 2000s, are cool again thanks to Gen Z and Kylie Jenner
▼ + stars: | 2023-02-03 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +2 min

Ugg boots are back in fashion. Fashion-search index Lyst said Thursday that the brand was one of Q4's hottest items. The Ugg brand has gradually made a comeback over the past few years after a nearly decade-long hiatus. Deckers Outdoor Corp, which also owns the sneaker brand Hoka, saw sales at its Ugg brand grow throughout 2022. In a call with analysts on Thursday, Deckers execs said that consumer demand for its Ugg brand was still strong.

☆ Adidas wants to become the sportswear brand of choice for Gen Z shoppers as it launches a collection aimed at taking on Nike
▼ + stars: | 2023-02-02 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +3 min

Adidas unveiled a new brand targeted at Gen Z shoppers this week. Dubbed Sportswear, Adidas' new collection has reportedly been 18 months in the making. Its launch comes just months after Adidas shut down its Yeezy brand, a collaboration with Kanye West that was popular with Gen Z shoppers. Nike is frequently ranked as the top sportswear brand among teen shoppers. Adidas describes its Sportswear collection as "sport for style" – clothing for everyday wear that includes items such as football jerseys, dresses, and fresh takes on its iconic three-stripe tracksuit.

In January 2023, Culver's ditched Pepsi and began promoting Coca-Cola products on its website. Coca-Cola beverages dominate restaurant chains. Up until recently, Culver's also served Pepsi beverages. But the Wisconsin-based fast-food chain, known for its butterburgers and frozen custard desserts, has ditched Pepsi for Coca-Cola products. The Culver's website now advertises that it sells about nine Coca-Cola beverages, including Diet Coke and Coke.

☆ Fyre Festival's Billy McFarland is out of jail early and wants to go into tech — but he'll have his earnings withheld until he pays back $26 million
▼ + stars: | 2022-09-12 | by ( Mary Hanbury | Britney Nguyen | ) www.businessinsider.com time to read: +1 min

Billy McFarland is best known for organizing Fyre Festival, the VIP party that became infamous when hundreds of attendees were left stranded in the Bahamas. McFarland was sentenced to six years in prison for wire-fraud charges in relation to Fyre Festival. Now, McFarland is out of prison after almost four years and said he wants to work in tech. Now, he told The New York Times he wants his next venture to be "tech-based." Any of his earnings will go towards paying back over $25 million to fraud victims.

☆ More Americans are shopping at discount chains. Here's how Dollar General keeps its prices below $10.
▼ + stars: | 2021-07-12 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +6 min

Dollar General sells items at 20% to 40% less than full-price retailers; most items cost below $10. Dollar General, one of the best-known discount chains, is growing rapidly and now has more than 19,000 stores across the US. According to a survey done by the nonprofit think tank, Economic Policy Institute, 92% of Dollar General workers earn less than $15 an hour. It has a limited assortment of groceries, though this is on the riseThe fresh food section at a Dollar General store. David Allio/Icon Sportswire via Getty ImagesDollar General is constantly looking at where it can cut costs in its supply chain.

Subway opened in the 1960s and scaled to become one of the largest fast-food chains in the world. The chain took a turn in 2014 when sales declined and after a scandal tied to pitchman Jared Fogle. Despite closing thousands of sub shops, Subway was able to sell itself this week to Roark Capital. In the '80s, '90s, and early 2000s, Subway was expanding rapidly, becoming the world's largest fast-food chain. Keep reading to learn how a company that was on the rise for decades suddenly took a turn for the worse.

Persons: pitchman Jared Fogle, Jared Fogle Organizations: Subway, Roark Capital, Service Locations: Wall, Silicon

☆ J. Crew has filed for bankruptcy: The rise and fall of America's iconic preppy clothing brand
▼ + stars: | 2020-05-04 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +1 min

On May 4, the company announced that it had filed for Chapter 11 bankruptcy protection, making it the first major retailer to fail during the pandemic. AP Photo/Gene J. PuskarThe company said that it had reached an agreement with its lenders to convert about $1.65 billion of its debt into equity. It has also secured $400 million in funding from its lenders to navigate its way through the restructuring process. "This agreement with our lenders represents a critical milestone in the ongoing process to transform our business with the goal of driving long-term, sustainable growth for J. Crew and further enhancing Madewell's growth momentum," CEO Jan Singer said in a statement on Monday.

The Walmart heirs' combined worth is more than $230 billion, according to Bloomberg. The family grants money and resources to support education, environmental efforts, and their home community through the Walton Family Foundation. In public, the Waltons live pretty modest lifestyles despite their wealth. Sam Walton, the original man behind the company that now encompasses both Walmart and Sam's Club, set his family up for financial success when he divided the ownership before he died. He wasn't a man of flashy luxury, but you can see how his children are living a slightly more lavish life now.

☆ How the Teen Vogue 'super intern' on The Hills became the CEO of a billion-dollar beauty company
▼ + stars: | 2019-06-26 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +1 min

Emily Weiss is the CEO of Glossier, an online beauty company that has found success in selling makeup directly to customers through Instagram, where it has more than 2.1 million followers. In March, the company raised an additional $100 million in a funding r ound that valued the company at $1.2 billion. Weiss, who started out as a Teen Vogue intern and briefly appeared in US TV show The Hills, launched the company in 2014, off the back of a successful blog that she launched in 2010. Weiss, who started out as an intern at Teen Vogue and even made an appearance in the US TV show, The Hills, alongside Lauren Conrad in 2007, has built up a billion-dollar business in five short years. Here's how she built up the company from scratch:

☆ People are keeping a close eye on Waffle House as Hurricane Ian makes landfall — and there's a weird reason why
▼ + stars: | 2018-10-10 | by ( Mary Hanbury | Bethany Biron | ) www.businessinsider.com time to read: +3 min

Waffle House is known for staying open during many natural disasters. If a Waffle House closes, it suggests the event was bad enough to potentially have devastating effects on the economy. The chain, whose restaurants are open 24 hours a day, 365 days a year, is famous for staying open during many natural disasters. "If a Waffle House store is open and offering a full menu, the index is green," a 2011 article in the magazine EHS Today says. —Waffle House News (@WaffleHouseNews) September 11, 2018Waffle House has 2,100 restaurants across 25 states, most of which are in the South.

☆ See which major US restaurants serve Coke vs. Pepsi
▼ + stars: | 2017-04-03 | by ( Skye Gould | Mary Hanbury | ) www.businessinsider.com time to read: 1 min

For all you die-hard Pepsi fans out there, we understand how hard it can be to find a place to eat that serves your beverage of choice. That's why we've put together a list of what soft drink brand is served at the 39 top restaurant chains. Coke comes out the undisputed winner, with big contracts at McDonald's, Subway, and Burger King. Pepsi still has some notable brands, like Taco Bell, KFC, and Hooters. Check it out:

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