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☆ What happens to buybuy BABY with Bed Bath & Beyond planning to go out of business
▼ + stars: | 2023-04-23 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

CNN —America’s leading specialty baby products retailer will shutter its 120 stores, a consequence of parent company Bed Bath & Beyond’s bankruptcy filing on Sunday. “The buybuy BABY business is the one part of the operation that will probably attract interest from buyers,” Saunders said. Bed Bath & Beyond placed some hope in buybuy BABY while it struggled to survive. He joined Bed Bath & Beyond in 2019 from Target, where he was in charge of expanding its private label brands. In its bankruptcy filing, Bed Bath & Beyond said it had $5.2 billion in debt and assets of just $4.4 billion.

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☆ Cup Noodles' new ramen tastes like a 'classic diner breakfast in a cup'
▼ + stars: | 2023-03-29 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —The high price of eggs and other breakfast staples is forcing some to look for cheaper breakfast alternatives. Aptly titled “Cup Noodles Breakfast,” the meal takes four minutes to cook in the microwave and results in a soup-based ramen that also contains “visible ingredients” of sausage and eggs. "Cup Noodles Breakfast" is on sale at Walmart. The company’s research discovered that eggs, sausage and pancakes were the picks to create the best breakfast combination. Breakfast ramen is Cup Noodles second limited time offering, following the sale of pumpkin spice ramen last fall.

☆ CFPB: What it does and why its future is in question
▼ + stars: | 2023-03-03 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

The CFPB’s missionThe agency was created after the 2008 financial meltdown, as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The broad purpose of the CFPB is to protect consumers from financial abuses and to serve as the central agency for consumer financial protection authorities. It is charged with implementing and enforcing consumer protection laws, making rules and issuing guidance for consumer financial institutions. And it is the place consumers can go to lodge complaints about financial products and services. “It has completely changed the consumer financial marketplace.

☆ Tabasco teams with a TikTok star to surprise hot sauce fans
▼ + stars: | 2023-02-01 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

“TikTok made us do it,” according to Lee Susen, Tabasco Brand’s chief sales and marketing officer. Tinx, he said, is on a “mission to normalize hot sauce as dressing.”A superfan of the brand, Tinx has been posting her adoration for the hot sauce on her TikTok for the past few years. “There’s a tendency to think about hot sauce as only an agent of heat,” he said. He added that since hot sauce uses are limited compared to other condiments, Tabasco Brand has to innovate to keep growing. “They will hope that their hot sauce dressing provides a new avenue and converts some new customers to the brand.

☆ Subway is reportedly exploring a sale
▼ + stars: | 2023-01-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Subway, one of the world’s most recognizable fast food brands, might be up for a sale, according to the Wall Street Journal. The privately held company has obtained advisers to explore sale that could value Subway at more than $10 billion, the Wall Street Journal reported. In a statement provided to CNN, Subway said that it doesn’t “comment on ownership structure and business plans” because it’s private. Subway is still in the early stages of throwing up the “for sale” sign and it might not find an acceptable deal, the Journal reported. Subway attributed its recent success to its new “Subway Series” menu, which was streamlined to help speed up service, and an increase in digital orders.

☆ Pepsi is ditching Sierra Mist for a new Sprite rival
▼ + stars: | 2023-01-11 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Pepsi is reaching for the stars in its latest effort to take on Sprite. It’s replacing Sierra Mist, a 24-year-old brand that has failed to gain traction against market leader Sprite, which is owned by main rival Coca-Cola (KO). A Pepsi spokesperson told CNN that Starry has a “higher citrus flavors that are true to fruit and more aromatic” compared to Sierra Mist. Courtesy StarrySierra Mist launched in 1999 to much fanfare, however it never made much of a dent in Sprite’s dominance. Sprite, meanwhile, has grown its share of the soda market over the same time period to nearly 8%.

☆ New York and L.A. meet CDC criteria for masking in public. How much will masks help this winter?
▼ + stars: | 2022-12-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Aria-Bendix-Byline-Jm.Jpg | Aria Bendix | ) www.nbcnews.com time to read: +5 min

The Philadelphia school district announced Wednesday that students and staff will be required to wear masks indoors for two weeks in January in an effort to slow transmission after the holidays. The New York City Department of Education issued a letter this week strongly encouraging students and staff to wear a well-fitting mask indoors. After three years of Covid, however, experts recognized that few people are inclined to wear masks as often as they had previously while in public spaces. But Luby said he still wears a mask in public, even when others around him do not. “I find myself in that situation a lot — I’m the only person in the room wearing a mask," he said.

☆ See photos from the Apollo era like never before
▼ + stars: | 2022-12-03 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Since then, Saunders has applied his technique to 400 images from the Apollo program. His book of images, “Apollo Remastered,” was published in September. During his 10,000 hours of working on Apollo images, Saunders set himself another task: solving the case of the missing lunar golf ball. Defying gravityAstronaut Alan Shepard served as the commander of NASA's Apollo 14 lunar landing mission. The late NASA astronaut, known for his zest for life, smuggled a custom 6-iron clubhead and some golf balls to the moon during Apollo 14.

☆ The incredible true story of the time an astronaut played golf on the moon
▼ + stars: | 2022-12-02 | by ( Jack Bantock | ) edition.cnn.com time to read: +13 min

The resulting creation, a Wilson Staff Dyna-Power 6-iron head, was tucked away in Shepard’s space suit for launch, with a few balls hidden in a sock. “Miles and miles and miles,” the jubilant astronaut remarked as the ball sailed out of his view, swallowed by the infinite blackness of space. What does any of that have to do with an astronaut playing golf on the moon? Saunders believed Shepard’s “miles and miles” remark to have been made tongue-in-cheek, an almost instinctive reflex of his hyper-competitive, “fighter-jock” nature. “We always talk about getting to the moon, landing on the moon, returning back to Earth – that’s how we think of the moon,” Odom said.

☆ Home Depot customers are spending more, but that’s mainly due to inflation
▼ + stars: | 2022-11-15 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +3 min

Now for the bad news: Home Depot lost customers again. The DIY leader said in its third quarter earnings report that the number of customer transactions fell more than 4% from a year ago. Home Depot noted that the average customer ticket was nearly $90, up about 9% from a year ago. “Home Depot is not immune to a tightening economy,” Neil Saunders, managing director of GlobalData, said in a report. “Moving into 2023, the picture becomes more complicated and much depends on the trajectory of the economy,” Saunders said.

☆ Bed Bath and Beyond names Sue Grove as its new CEO
▼ + stars: | 2022-10-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN Business —Bed Bath and Beyond has named a new CEO — and investors were selling the stock. The beleaguered retailer has tapped interim leader Sue Gove to the position permanently. It also revealed that sales at stores open for at least a year plunged 26% during its latest quarter ending August 27. Neil Saunders, managing director of GlobalData, said the appointment of Gove is a “sensible and pragmatic solution” because of her knowledge of the Bed Bath and Beyond brand. “In any case, it is our view that Bed Bath and Beyond would have difficulty in recruiting someone from the outside because of both the extreme challenges it faces and the lingering doubts about its long-term survival,” he added.

☆ Netball Australia: Gina Rinehart pulls sponsorship in dispute over father's racist comments
▼ + stars: | 2022-10-23 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +11 min

Brisbane, Australia CNN —When Australia’s richest woman Gina Rinehart threw a financial lifeline to Netball Australia, she triggered a debate about sponsorships and the role of social and political issues in the sporting sphere. Donnell Wallam of the Firebirds is a rising star in Australian netball. On Monday, Kathryn Harby-Williams, CEO of the Australian Netball Players’ Association told the Australian Broadcasting Corporation that Wallam had asked for an exemption not to wear the logo and was refused. Netball Australia CEO Kelly Ryan told Nine News the loss of Hancock sponsorship was “disappointing” but a “strong balance” needs to be struck between social issues and funding. “When done well, sport sponsorship is brand transforming for both the sport and sponsor.”

☆ Wonder Bread will have its first-ever float in the Macy's Thanksgiving Day Parade
▼ + stars: | 2022-10-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

Wonder Bread hopes its latest stunt can help. The 101-year-old bread maker will have a float in this year’s Macy’s Thanksgiving Day Parade, marking the first-time ever the kitchen staple has joined the lineup. But we’re also changing and evolving and bringing new things to the consumer every day.”A rendering of Wonder Bread's first-ever float in the Macy's Thanksgiving Day Parade. Wonder Bread will participate in the parade for the next three years with the same design. “It’s a classic brand,” Smith said.

☆ Gap is laying off 500 corporate employees as challenges mount
▼ + stars: | 2022-09-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN Business —Roughly 500 corporate jobs are being eliminated at the Gap, adding to the problems that the beleaguered retailer is currently facing. He added that Old Navy is no longer as strong as it had been in boosting the Gap’s bottom line. “Traditionally, Gap could rely on its Old Navy banner to cover some of the sluggishness in other parts of the business. Gap (GPS) confirmed that it was winding down the partnership in an internal company email that was seen by CNN Business. Shares of the Gap slipped nearly 3% in Tuesday trading, with the stock down 50% for the year.

☆ Kanye West says he’s terminating his partnership with the Gap
▼ + stars: | 2022-09-15 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

“We wanted to address the headlines of today and the past several weeks related to Yeezy Gap. And we are deciding to wind down the partnership,” Mark Breitbard, president and CEO of Gap Brand, said in the email. As it now moves to wind down the partnership, Gap said existing merchandise from Yeezy Gap will continue to be sold in the company’s stores and its website. West also said that Gap was required to sell 40% of Yeezy Gap products in its retail stores, which hasn’t materialized, according to The Wall Street Journal. “While Kanye could have injected a dose of energy into Gap, the incompatibility of the two visions meant that frustrations were inevitable.

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