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The modern 40 means having toddlers running around, buying your first home, and, at last, catching up on retirement savings. "By the time you're 40, 45, you can't sing, and you can't play guitar; maybe it's time to give up on your aspirations of being a rock star." At work, you realize you're protected from age discrimination, which you feel like you're still much too young for. When we're young, we're happy — and then that declines, bottoming out in middle age, about 40 to 50. The question isn't just whether my 40 will look like my parents' 40 — it's also whether it will look like the 40 of everyone from my high school.
Persons: you've, touchpoints, Carol Graham, they're, Hannes Schwandt, Millennials, they'd, that's, Jean Twenge, Gen X, Silents, Graham, Justin Balik, it's, Oz, Kelly, She's, , It's, They're, We're, Instagram, Gen Zers, Lindsey Anderson, Anderson, midlife, Gen, Emily Stewart Organizations: AARP, Brookings Institution, grays, Northwestern University, Facebook, University of Maryland, Business Locations: midlife, Schwandt, New Jersey, Massachusetts, I'm
Sam's Club CEO told BI the warehouse club's automation push isn't about wanting to trim its workforce. Sam's Club CEO Chris Nicholas told Business Insider that the company's automation push isn't about trimming the number of employees in stores long-term. That's almost double what a typical club employs, according to Sam's Club. In the low-markup world of warehouse club retail, overall profitability is heavily tied to membership fees. If you are a Sam's Club worker who wants to share your perspective, please contact Dominick via email or text/call/Signal at 646.768.4750.
Persons: Chris Nicholas, , Sam's, That's, Nicholas, that's, We've, we've, Damion Shelton, it's, he's, Dominick Organizations: Sam's, Service, Business, Walmart, Costco, Sam's Club, MIT Locations: Dallas, Grapevine , Texas
This article is part of "5G and Connectivity Playbook," a series exploring one of our time's most important tech innovations. But to get the most value out of it, organizations should focus on how it interacts with the complementary technologies surrounding it, Dan Crawford, a strategy manager at Cisco, said. BI spoke with Crawford about these challenges, the types of complementary technologies that can help companies boost connectivity, and how they could unlock 5G's full potential. What types of complementary technologies should companies focus on to enhance 5G's capabilities? How does breaking down siloes and focusing on complementary technology benefit businesses?
Persons: , Dan Crawford, Crawford, We're Organizations: Service, Cisco, 5G
Why Uniqlo is thriving right now
  + stars: | 2024-10-18 | by ( Maria Noyen | ) www.businessinsider.com   time to read: +7 min
Uniqlo's parent recently reported record earnings for the third year running, bolstered by strong sales at Uniqlo. Uniqlo consumers are diverse in age and disposable income. Uniqlo thinks of itself as a tech companyTadashi Yanai, CEO of Uniqlo and founder of Fast Retailing, once said, "Uniqlo is not a fashion company — it's a technology company." Cristina Arias/Cover/Getty ImagesThat's why Uniqlo releases new collections seasonally, whereas rivals such as Zara produce about 500 new designs weekly. He thinks Uniqlo comes with "a bit of this myth of the Japanese psyche.
Persons: , Zara, Kate Yuille, Uniqlo.com Amrita Banta, Z, Banta, Martin Roll, Uniqlo, Tadashi Yanai, Toray, Yanai, Cristina Arias, Yuille, that's, Koji Watanabe Organizations: Service, Retailing, M, GU, Research, Strategy, McKinsey Locations: Japan, Zara, Hiroshima, Uniqlo, Uniqlo's
Amazon is looking for ways to market itself outside the traditional TV spot under exec Amy Powell. She also teased a new show with "Recess Therapy" creator Julian Shapiro-Barnum. AdvertisementOn Monday, Amazon is set to announce "Celebrity Substitute," a new show with Julian Shapiro-Barnum, the 25-year-old comedian and actor of the online hit "Recess Therapy." "It involves Julian, how Amazon gives back to the community, schools, teachers," Amy Powell, head of entertainment marketing at Amazon, said recently when describing the concept. The upcoming show is one of many ways Powell is working to integrate Amazon's brand into entertainment, drawing on her Hollywood background.
Persons: Amy Powell, Powell, Julian Shapiro, , Barnum, Shapiro, they'll, Julian, we've, Jack Ryan, Nick Cannon, Powell wasn't, it's, What's Organizations: Paramount, Barnum, Service, Amazon, Paramount Television, Procter & Gamble, Marriott, Google, Walmart Locations: New York
After Iran launched approximately 200 ballistic missiles at Israel last week, U.S. military officials discussed options for joining Israel in its retaliation against Iran, according to two U.S. officials familiar with the discussions. The U.S. has long supported Israel with intelligence and that support could continue during Israel’s retaliatory strikes against Iran, the two officials said. Senior U.S. military officials have also discussed conducting very limited strikes against Iranian targets, the two officials said. Strikes inside Iran have been discussed, as have strikes on targets outside Iran, though strikes of any kind are less likely than intelligence sharing, the officials said. And U.S. officials say Israel has made it clear that it is not ruling out a response during the Yom Kippur holiday this week.
Persons: Lloyd Austin, Yoav Gallant, Israel, Gallant, Austin, Hassan Nasrallah, Benjamin Netanyahu, Washington . Austin, Nasrallah, Pat Ryder, ” Ryder, “ We’ve, , Michael “ Erik ” Kurilla Organizations: Defense, Israeli, U.S, Austin, Israel, Senior U.S, Islamic Revolutionary Guards Corps, Iran, Pentagon, United Nations General Assembly, , ” Senior U.S, U.S . Central Command Locations: United States, Iran, Washington, Israel, U.S, Yemen, Syria, Iraq, Beirut, New York, Washington .
Amazon's Wondery is launching a "Wow in the World" toy line, expanding beyond audio content. Wondery aims to build franchises from podcasts, following success with "Dr. Death" and "Morbid." AdvertisementAmazon's podcast studio Wondery is continuing to branch out beyond audio with a new line of toys tied to the kid podcast "Wow in the World." Wondery is billing it as the first toy line based on a podcast. The "Wow in the World" toys were designed to drive kids back to the podcast.
Persons: Nordstrom, Wondery, Death, , Noble, Mastermind, Nicole Blake, Harry Potter, Blake, Guy Raz, Mindy Thomas, Wondery's Nicole Blake, Travis Kelce, Mario Bros, Mario, Amanda Cioletti, Cioletti, Andrew Quartin, Quartin, Guy, Mindy, they're Organizations: Barnes, Noble, Service, Thames, Kosmos, Goliath, Warner Bros . Entertainment, HarperCollins, Wondery, Jason, Mario Bros, Netflix, YouTube, Target, Walmart, Markets, Business, Informa Markets
The S & P 500 rebounded 4% this past week, almost clawing back all of the prior week's horrible decline. Fed watch The Fed is the big market event this week. ET: Fed rate decision Before the bell: General Mills (GIS) After the bell: Steelcase (SCS) Thursday, Sept. 19 8:30 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer, Jensen Huang's, Goldman Sachs, Jim, Huang, Lisa Su, Su, Vimal Kapur, Morgan, Brian Niccol, Wells, Morgan Stanley, Jerome Powell, They're, Lennar, Doug Yearley, Mills, LEN, Jim Cramer's, Spencer Platt Organizations: Federal, Dow, Nasdaq, Nvidia, Club, Technology, CNBC, Oracle, Devices, TAM, Apple, Honeywell, Starbucks, Barclays Global Financial Services, Fed, FedEx, homebuilder, Home Depot, Darden, Jim Cramer's Charitable, New York Stock Exchange, Getty Locations: Las Vegas, U.S, America, Horton, New York City
Despite its cheeky title, Sabrina Carpenter's new album "Short n' Sweet" arrived on Friday with a tall order to fill. Carpenter's sixth album was preceded by smash hits "Espresso" and "Please Please Please," which peaked at No. But "Short n' Sweet" isn't just Carpenter's most anticipated release to date. AdvertisementIndeed, throughout "Short n' Sweet," Carpenter isn't coy about the vulgar, demoralizing underbelly of modern dating. "Short n' Sweet" is an album grounded firmly, almost defiantly, in the present day — all the struggles and ridiculous ills of dating app-era romance, which, despite the disappointment, usually make for great wine-night fodder.
Persons: Sabrina Carpenter's, Carpenter, Polly, Apple Music's Zane Lowe, coy, Smartly, , Leonard Cohen, Slim Pickins, Carrie Bradshaw, Dolly Parton, Ariana Grande, Taylor Swift, Sabrina Carpenter, Pickins Organizations: Service, Business, Island Records, Press Locations: LA
LVMH puts mark on Olympics as luxury brands embrace sports
  + stars: | 2024-08-11 | by ( Kaya Ginsky | ) www.cnbc.com   time to read: +2 min
The 2024 Paris Olympic Games medals are displayed inside a custom-designed trunk manufactured by Louis Vuitton, an LVMH brand partner of the Paris Olympic and Paralympic Games, during a gathering at LVMH in Paris on July 22, 2024, ahead of the start of the 2024 Paris Olympic Games. Whether it's the Moët champagne poured to celebrate a win or the custom trunks that Louis Vuitton has made for medal ceremonies, luxury has been on full display at the 2024 Paris Olympic and Paralympic Games. To Carly Duguid, the creative director for tennis and fashion star Naomi Osaka, luxury fashion and athletics are the perfect combination. Osaka was the first athlete to partner with Louis Vuitton, whose roster now includes Victor Wembanyama, Carlos Alcaraz, and many French Olympians and Paralympians. LVMH has looked to make a big splash beyond just athlete partnerships, becoming the first luxury brand to be an Olympic sponsor.
Persons: Louis Vuitton, Carly Duguid, Naomi Osaka, Duguid, Victor Wembanyama, Carlos Alcaraz, LVMH, Gucci, Jack Grealish, Jannik Skinner, Caitlin Clark, Prada, Celine, Loewe, Sephora, Dom Perignon Organizations: Olympic, Paris Olympic, Paralympic Games, CNBC, French Locations: LVMH, Paris, Osaka
Inspired Capital co-founders Lucy Deland (left), Alexa von Tobel (center), and Mark Batsiyan (right) speak to portfolio companies at the firm's annual founder dinner in June 2024. Born and raised in Jacksonville, Florida, von Tobel attended Harvard University, where she graduated with a degree in psychology. AdvertisementInspired Capital co-founders Alexa von Tobel and Penny Pritzker. Inspired Capital founding partners Mark Batsiyan, Lucy Deland, Alexa von Tobel, and Penny Pritzker. Although von Tobel was on vacation outside the country, she stepped away from a fancy dinner to take McNulty Rojas's call and brainstorm solutions.
Persons: Alexa von Tobel, she's, Lucy Deland, Mark Batsiyan, It's, von Tobel, Capital's, who's, Zuckerburg, I've, Morgan Stanley, , LearnVest, Batsiyan, Alexa, they'd, von Tobel's, Penny Pritzker, Obama, Brynne McNulty Rojas, — von Tobel, McNulty Rojas, Habi, Tobel, Von, Deland, it's, von, McNulty, hasn't, guac, She's, Benjamin Vandiver, Ivan Zhao, Lindsey Vonn Organizations: Flatiron, Business, New York VC, Harvard University, Facebook, Harvard Business School, Accel Partners, American Express Ventures, Northwest Mutual, LearnVest, Ventures, Northwest, Capital, Harvard, of Commerce, America Fund, Tiger Global Management, II, Alexa, Inc, Magazine, Winder, New York Locations: Jacksonville , Florida, New York, Deland, Miami, Latin America, York
Some job applicants may withdraw their candidacy without saying so, disappearing in the middle of the hiring process. Knowing why they do so can help companies address issues in the hiring process to better attract, hire, and retain talent. The biggest reasons job candidates said they ghost prospective employers have to do with bad experiences with talent acquisition, according to a report published Monday by FlexJobs and MyPerfectResume. With any application, "the outcome might not be getting the job or offering the job," Frana added. But letting a candidate or prospective employer know before you go is "at least is a more positive end than just dropping communication altogether."
Persons: , ghosting, FlexJobs, Toni Frana, Frana Organizations: Service, Business Locations: United States
Shein logistics software is in beta testing with select supply chain customers, according to a person familiar with its plans. "Shein's software could provide unprecedented access to sensitive supply chain data, which the Chinese government could seize under its laws. This exposure poses a direct threat to U.S. supply chain integrity, making it vulnerable to exploitation and manipulation." Even with a headquarters based in Singapore, company supply chain data could be subject to seizure by the Chinese. Shein's fast rise to dominance Shein's dominance lies in the company's hyper-flexible supply chain, according to a recent report from supply chain intelligence firm Zero100.
Persons: Jade Gao, Shein, cybersecurity, Lee Kair, Kair, Dewardric McNeal, McNeal, Ram Ben Tzion, Ben Tzion, Department of Homeland Security's, Shein's, Srini Cherukuri, Chris Xu's, Zero100, Eric Fullerton, Project44 Organizations: Shein, Afp, Getty, Transportation Security Administration, U.S, Authentic Holdings, Simon Property Group, Longview Global, Obama administration's Department of Defense, CNBC, Standards Organization, Secretariat, IAF, Microsoft U.S, EU, Social, International, Uyghur Forced Labor, Department of Homeland, Border Patrol, New York, ITS Logistics, Logistics Locations: Guangzhou, China's Guangdong, Jade, China, U.S, Exiger, Shein, Asia, Singapore, Frankfurt, Germany, Xinjiang Province, Customs, York, United States
And in an age where social media and streaming platforms have fragmented the cultural landscape, does the song of the summer even exist anymore? “It’s not like people were walking around in 1925 and saying, ‘You think that’s the summer song this year? New York Magazine’s 1995 Summer Fun issue devoted an article to examining the summer song as a unifying force — per the magazine, a summer song should be 1) released in the summer, 2) uncomplicated and 3) unforgettable. MTV’s Video Music Awards introduced a song of summer category in 2013, with One Direction’s “Best Song Ever” nabbing the inaugural award. Even as the song of the summer has become increasingly debatable, the idea that a single song could encapsulate a given summer continues to have a hold over our culture.
Persons: David Hajdu, , , Hajdu, Phil Edwards, George Gershwin's, George Gershwin’s, Harry James ’, “ It’s, that’s, ’ ” Hajdu, Young, , ” Hajdu, Michael Ochs, Martha, Lovin, Sly, Stone, Robert Thompson, Ann Powers, Ricky Martin's, Frank Micelotta, ” Thompson, Thompson, gatekeepers, Vulture, Rolling Stone, It’s, Jason Lipshutz, Morgan, SZA, Armando L, Sanchez, Morgan Wallen’s “, Lipshutz, Miley Cyrus, Kylie Minogue, Organizations: CNN, Day, Labor, Vox, Washington Post, Billboard, Beach Boys, Michael Ochs Archives, Vandellas, . Radio, Bleier Center for Television, Culture, Syracuse University . New, Bills, Backstreet Boys, Nielsen, American, Rolling, Social, Chicago Tribune, Tribune, Service Locations: America, Washington, Syracuse University . New York,
Mr. Met poses before the game between the Chicago Cubs and the New York Mets at Citi Field. To that end, the Mets will be working on development, production and distribution with Range Sports, a division of entertainment management firm Range Media Partners. Mets owner and hedge fund manager Steve Cohen is a minority investor in Range through his Point72 Ventures fund. The Mets will be focused on a variety of content, Havens said, from players talking about fashion or what they do in the offseason to storytelling around the culture of Mets fans. "That opens up a bunch of new opportunities to engage Mets fans and non-Mets fans," Havens said.
Persons: it's, Steve Cohen, John Malone's Liberty, David Bonderman, Scott Havens, Havens, Pete Alonso, Jorge Lopez, Will Funk, Greg Luckman, Bradley Cooper, Jack Harlow, Brock Purdy, LIV, WWE's, Cohen Organizations: Chicago Cubs, New York Mets, Citi Field, The New York Mets, Major League Baseball, NBA, NFL, Mets, Sports, Range Media Partners, Point72 Ventures, John, John Malone's Liberty Global, TPG, Business, Bloomberg Media, San Francisco 49ers, CW, LIV Golf, ACC football, WWE's NXT Locations: Queens , New York
Professional organizations have set this as a guideline for when to reassess whether a treatment is providing clinically meaningful weight loss. People who met with their providers less frequently – and those living in underserved regions with broader health inequities – were more likely to discontinue GLP-1 treatment sooner. But using GLP-1 treatments are still an investment in many ways. These injected medications, called GLP-1 agonists, are in high demand because they have proved to be so effective for weight loss. And experts warn that the GLP-1 treatment process can be different for everyone.
Persons: , Disha, Wegovy, Jody Dushay, Beth, There’s, Razia Hashmi, ” Hashmi, it’s, , Dr, Sanjay Gupta, ” Narang, ” Dushay Organizations: CNN, Endeavor Health, Beth Israel Deaconess Medical Center, Harvard Medical School, Shield, Dandelion Health, CNN Health, Locations: Chicago, , GLP
In fact, 65% of TikTok users are likely to buy a product that they previously saw on TikTok in the future,[1] and 61% of users have made a purchase either directly on TikTok or online after seeing an ad on TikTok. It's been a pleasure to work with the team at TikTok to develop our content and targeting strategy. The campaign's final phase focused on conversions and utilized TikTok's newest conversion product, Video Shopping Ads. To read more about the impact that short-form video platforms like TikTok have across the marketing funnel, dive into this report from research organization WARC. Sources:1 TikTok Marketing Science EUI TikTok for Full Funnel Research 2023 conducted by Material2 TikTok Marketing Science Global Shopping Ad Products Study 2022 conducted by Material February 2022 (n=17,937).
Persons: we've, It's, Tom Donegan, Sephora, PureGym, Brand, ghd, There's Organizations: PureGym, ghd, Brand, Insider Studios Locations: TikTok, Spain, ghd France, France, creatives
Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection.
Persons: Ralph Lauren, Kerry Washington, Jessica Chastain, Morgan Spector, Hannah Einbinder, Mies, der, Nnamdi Asomugha, Glenn Close, Kevin Tachman, Ralph Lauren Hannah Einbinder, Zach Hilty, Ralph Lauren Jodie Turner, Smith, Ralph Lauren The, , , ” Lauren, Polo, , Christy Turlington, Isidore Montag, Ralph Lauren Ralph Lauren Fall, Cowboy Carter ” –, Lauren, glitz, ” “, Rebecca Hall, Lauren’s Organizations: CNN, Polo, Washington Locations: New York City, Madison, Manhattan
CNN —The union representing pilots at American Airlines says it is seeing a “significant spike” in safety issues on flights. There were roughly a dozen incidents on United Airlines flights last month alone, according to a CNN analysis, which prompted CEO Scott Kirby to send a safety message to customers. “While United Airlines is currently under public and government scrutiny, it could just as easily be American Airlines,” said the message from the union’s safety committee, urging members to report problems and to resist being rushed or intimidated. “As the last link in the safety chain, our passengers and crew depend on us to be the strongest link in that chain,” the message said. American Airlines insisted in a statement that safety is its top priority, saying that “our robust safety program is guided by our industry-leading safety management system.”“It includes a multitude of collaborative programs — and regular touchpoints — with the FAA and all our unions, including APA, to further bolster our strong safety record and enhance our ever-evolving safety culture,” the company added.
Persons: Scott Kirby, Organizations: CNN, American Airlines, Allied Pilots Association, Alaska Airlines Boeing, United Airlines, FAA, APA
Naghibi envisions community bank branches with fewer employees and more AI. The bank is also exploring the use of generative AI in software engineering, customer service and ways to boost employee productivity. "Effectively, a small bank's branch will be a wall of screens," he said. But bankers like Naghibi believe AI will allow small banks to become more involved in their communities, and in effect, more human. As a community bank, that is where the edge is."
Persons: Wells Fargo, it's, Christopher Naghibi, Naghibi, Naghibi isn't, Jamie Dimon, JPMorgan Chase, Dimon, Jackie Verkuyl, Slaven Bilac, Smart, Chase, Wells, Bilac, Ken Tumin, Banks, homebuyer, Mickey Marshall Organizations: Foundation Bank, JPMorgan, Security, Community Bank, Independent Community Banking Association Locations: Irvine , California, Stockton , California, San Francisco
Scotland’s Hate Crime and Public Order Act came into force last week, a contentious law that expands existing legislation to include transgender identity as a protected characteristic from hate crimes. In the first week of the law’s enactment, a feminist group, “Let Women Speak,” organized a rally against the legislation in Scotland’s capital on Saturday. Another major concern for those who oppose the Hate Crime Act is the supposed lack of clarity on what type of behavior could constitute an offense under the new law. But 25-year-old Scottish trans student Lucy (who asked not to be identified by her real name due to concerns about continued online abuse), said the new law does not reassure her. Scotland’s proposed reforms would have allowed transgender people to self-identify, without the need for a medical diagnosis or certificate.
Persons: , – Humza Yousaf, , JK Rowling, Elon Musk, Joe Rogan, Jane Barlow, , Susan Smith, , ’ ” Smith, Siobhan Brown, Rowling, Harry Potter, Yousaf, J, Rowling waded, Angela Weiss, ” Vic Valentine, Lucy, Scotland’s, hadn’t, Musk, Ian Miles Cheong Organizations: CNN, ” Scottish, Reuters, Scottish, Women Scotland, Community Safety, Police Scotland, BBC, Getty, Scottish Trans, Public Affairs, Equality Network, Scottish Police Federation, ” Police, Courier, PA Media, Police Locations: Edinburgh, Scotland, United Kingdom, British, Scottish, Malaysian
Just days after CSX announced a new rail line in response to the Port of Baltimore closure, the Baltimore-bound containers that were diverted to the Port of New York and New Jersey are back being unloaded in Baltimore. CSX started discussions last week with Ports America to see how it could effectively move the diverted cargo. The train route moving the diverted cargo includes Chicago; Kearney, New Jersey; and Baltimore. Norfolk is in discussions with Ports America to extend this service directly on-dock at their Seagirt Intermodal Container Transfer Facility. As the Port of Baltimore crisis unfolded, many major ocean carriers invoked contract clauses transferring responsibility for transportation of cargo from diverted ports to shipping clients.
Persons: Mark Schmidt, Schmidt, Scott Cowan Organizations: CSX, Port, Ports, Canada, Plan Investment Board, Ports America, Norfolk Southern, Elizabeth Marine, Norfolk Southern's Triple Crown Services, International Longshoremen's Association, Baltimore Locations: Baltimore, of New York, New Jersey, Ports America, North, Chicago, Kearney , New Jersey, Norfolk, New York, Wilmington, Newark, Elizabeth , New Jersey, Port of New York, North America, Port of Baltimore, East Coast, Gulf, U.S, , Puerto Rico, Eastern Canada
VR concerts have emerged as a creative outlet for artists such as Travis Scott and Teflon Sega. The enigmatic singer Teflon Sega, who performs as a virtual-reality avatar, also worked with Wave to put on a virtual concert in 2022. Why artists and fans are interested in VR concertsThe appeal of VR concerts lies heavily in their experimental nature. Sarah Malkin, the director of metaverse entertainment content at Meta, told BI that the virtual concerts served both creative and strategic purposes. Over three months, the artist's VR concert was available to watch at select theaters in different cities.
Persons: Travis Scott, , Justin Bieber, John Legend, Calvin Harris, Victoria Monét, Jack Harlow, Jorja Smith, Sarah Malkin, AmazeVR, Megan Thee, Steve Lee, Malkin, Cat's, Jason Diamond, Diamond, Lee, There's, Amy Dorsey Organizations: Sega, Companies, Meta, Service, Business, Forbes, Wave, Meta Quest, VR, Sony Music, Diamond Bros, Detroit, Arris Composites, Apple Vision, Food and Drug Administration, Dorsey Pictures Locations: AmazeVR
The Lego company grew sales 2% last year, even as the global toy industry saw sales slip 7%, according to data from Circana. The pandemic-era gains that fueled exponential toy industry sales growth waned in 2023 as consumers cut discretionary spending amid rising inflationary costs and increased credit card debt. Meanwhile Denmark-based Lego posted resilient sales, with revenue reaching 65.9 billion Danish krone, or about $9.65 billion, it said Tuesday. The company saw sales jump 27% in 2021 and 17% in 2022. The toymaker's top-performing brands last year included Lego Icons, Lego Technic, Lego City, Lego Harry Potter and Lego Star Wars.
Persons: Niels Christiansen, Harry Potter, Christiansen, Lego, We're Organizations: CNBC, Lego, Lego Star, Epic Games Locations: Denmark, Lego City, China
JCPenney has replaced its Sephora shops with JCPenney Beauty sections. JCPenney's revamped beauty department has become a destination for finding beauty brands TikTokers can't get at other beauty stores. Last summer, the retailer launched KimChi Chic Beauty in more than 600 stores, beauty trade publication Happi reported. JCPenney replaced Sephora shops with JCPenney Beauty. Beauty retailer Ulta hit $2.5 billion in net sales last quarter, an increase of more than 6%.
Persons: , JC, Kailey, JCPenney, JCPenney's, Adam Ryan, Alexis Androulakis, @thelipsticklesbians, y’all, @JCPenney, ike, orth, Penney Organizations: JCPenney, Service, JC Penney, Sephora, Black, Black Enterprise, Alpha Locations: JCPenney, Staten Island
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