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☆ Inside the history of 5 classic Halloween treats
  + stars: | 2022-10-23 | by ( Áine Cain | ) www.businessinsider.com   time to read: 1 min
Many Halloween candies have a long and fascinating history. Inflation may send candy prices higher this season. Halloween is known throughout the United States as a time for tricks and treats. NPR reported that candy prices are also set to jump this year, thanks to inflation. Insider looked into the origins of some classic snacks associated with Halloween.
☆ McDonald's is testing out selling Krispy Kreme doughnuts at 9 restaurants
  + stars: | 2022-10-18 | by ( Áine Cain | ) www.businessinsider.com   time to read: +2 min
McDonald's restaurants in Louisville, Kentucky, will soon get a new addition to the menu. Consumers in the city will be able to order Krispy Kreme doughnuts at select McDonald's locations. McDonald's will sell Krispy Kreme doughnuts at a handful of restaurants in Louisville, Kentucky. Three Krispy Kreme doughnuts will be featured: their Original Glazed Doughnut, the Chocolate Iced with Sprinkles Doughnut, and the Raspberry Filled Doughnut. "This small-scale test will help us understand how offering new bakery items like Krispy Kreme could impact operations in our restaurants," the release said.
☆ A merger with Albertsons could bring Kroger's tech initiatives, like automated warehouses and smart carts, to over 5,000 locations
  + stars: | 2022-10-17 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com   time to read: +13 min
Kroger is building its own tech infrastructure, including automated warehouses for delivery orders. Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. Another partnership, this one with the autonomous-car startup Nuro, has stationed self-driving vehicles to deliver grocery orders in certain cities since 2018.
☆ Kroger and Albertsons are reportedly in talks over a proposed merger that would swell the combined chain to a footprint of 5,000 stores
  + stars: | 2022-10-13 | by ( Áine Cain | ) www.businessinsider.com   time to read: +2 min
Kroger and Albertsons are engaged in talks around a potential merger, Bloomberg reported. A merger would boost the joint chain to a store footprint of over 5,000 locations. Albertsons' latest annual SEC filing listed 2,276 stores as of February 26, 2022, under a total of 24 different banners. The merger alone would not make the combined chain the largest in the United States, however. The company's total retail units around the globe comes out to 10,593, as of January 31, 2022.
☆ Gen Z spending on the rise, survey finds. Here's how teens are spending their money – and which brands, products, and e-commerce sites they prefer.
  + stars: | 2022-10-12 | by ( Áine Cain | ) www.businessinsider.com   time to read: +3 min
Piper Sandler released its "Taking Stock with Teens" survey for the fall of 2022. Piper Sandler's teen spending survey project first kicked off in 2001, and has amassed over 56.5 million data points across the years. The survey discovered that "self-reported" spending for teens jumped 3% over year, although it dropped 2% from spring 2022. Females 'led the increase in teen spending.' Piper Sandler found that teen spending is up 3% year-over-year Courtesy of Piper SandlerFemale teens reported a year-over-year spending increase of 10%.
☆ Massive discounts may be coming for the holiday shopping season
  + stars: | 2022-10-10 | by ( Áine Cain | ) www.businessinsider.com   time to read: +1 min
Adobe Analytics is predicting major discounts this holiday season. Consumers could see major price drops in categories like electronics and toys. The report found that categories like electronics, toys, and computers are slated for major price cuts. Retailers will also attempt to entice inflation-weary shoppers with early discounts, such as Amazon's second Prime Day, on October 11 and 12. According to Adobe, some of the price cuts could hit record highs of 32% and above, especially for gift items like electronics, toys, and computers.
☆ Kroger is doubling down on its subscription delivery business as it weans itself off of Instacart. Here's a rundown of its other initiatives, from ghost kitchens to smart carts
  + stars: | 2022-09-26 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com   time to read: +12 min
Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. ClusterTruckGhost kitchensIn December 2019, Kroger began improving its prepared meals offering by partnering with ghost kitchen startup ClusterTruck. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. But the firm, which tracks where consumers shop, said Kroger stores with the ghost kitchens are seeing an uptick in visits compared to neighboring Kroger branches.
☆ Costco exec says some costs are falling and he sees a 'light at the end of the tunnel'
  + stars: | 2022-09-23 | by ( Áine Cain | ) www.businessinsider.com   time to read: +2 min
Richard Galanti said that there is now a "light at the end of the tunnel" in regards to inflation. Sign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox. Cowen and Company analyst Oliver Chen asked specifically about the "light at the end of the tunnel," regarding the initial signs that inflationary pressures are weakening. He said that once freight and raw material costs started to decline, Costco was proactive about asking suppliers for price reductions. "But all in, pressures from higher commodity prices, higher wages and higher transportation costs and supply chain disruptions, they're still present, but we are seeing just a little light at the end of the tunnel," he said.
☆ With consumers expected to hold back on purchases, Walmart, Target are getting a jump-start on holiday sales
  + stars: | 2022-09-23 | by ( Áine Cain | ) www.businessinsider.com   time to read: +2 min
The Washington Post reported that early holiday deals could help offset inflation. In past years, supply-chain issues and online shopping have prompted early holiday sales events. Both companies outlined their holiday sales plans on Thursday. These sales will offer "guests the earliest access ever to deep holiday deals on must-have items and everyday essentials." It's not the first time in recent years that retailers have bumped up holiday deals.
☆ Jobs will be harder to find at Walmart this holiday season. Here's why, and here's how you can get one.
  + stars: | 2022-09-21 | by ( Áine Cain | ) www.businessinsider.com   time to read: +3 min
That number marks a decrease from the 150,000 workers Walmart sought to hire for holiday 2021. This year, the company has slashed its holiday hiring goal – to a little over a quarter of the workforce that it's aimed to bring on in past years. In its announcements, Walmart directed prospective workers to its jobs portal, which lists roles by type and location. For prospective workers looking to stand out from the crowd, a customer-centric attitude is one thing that can bolster an applicant's chances. "We are looking for associates who are passionate about serving customers and helping our customers create special moments this holiday season," Walmart spokesperson Anne Hatfield told Insider.
☆ Almost 300 Home Depot workers vote to unionize in Philadelphia
  + stars: | 2022-09-20 | by ( Áine Cain | ) www.businessinsider.com   time to read: +1 min
Home Depot employees based in Philadelphia have filed a petition to unionize. The union is listed as "Home Depot Workers United." A National Labor Relations Board filing stated that the 274 workers are all based around Philadelphia. —Daily Union Elections (@UnionElections) September 20, 2022The union is listed as "Home Depot Workers United." According to the Teamsters, those workers were "the first Home Depot employees to join the union."
☆ The rise and fall of Elizabeth Holmes, the former Theranos CEO found guilty of wire fraud and conspiracy, whose sentencing has now been delayed
  + stars: | 2022-09-14 | by ( Avery Hartmans | Sarah Jackson | Áine Cain | ) www.businessinsider.com   time to read: +3 min
Later, technology flaws were exposed, resulting in a months-long trial where Holmes was found guilty on three counts of wire fraud and one count of conspiracy. As she awaited trial, Holmes reportedly found the time to get engaged — and married — to a hotel heir named Billy Evans. In January, jurors found Holmes guilty on three counts of wire fraud and one count of conspiracy to commit wire fraud. Since her conviction, Holmes has become the subject of a Hulu limited series, "The Dropout," based on the ABC News podcast of the same name. The show stars Amanda Seyfried as Holmes as it chronicles the meteoric rise and fall of Theranos and Holmes herself.
☆ A look at the life of Steve Jobs' youngest daughter, Eve, who has been called a 'firecracker' and recently mocked Apple's iPhone 14
  + stars: | 2022-09-10 | by ( Áine Cain | Grace Kay | ) www.businessinsider.com   time to read: 1 min
"It took me a long time to figure out how to balance friends, school, and riding, but through the years I figured out the best way to make it all work is to prioritize what is most important to you," Jobs said in a 2016 interview with Upper Echelon Academy. Shutterstock Rex for EEMSource: Upper Echelon Academy
☆ Here's a look at the British monarchy's full family tree for the past 100 years — from King George V to well-known royals like Princes William and Harry
  + stars: | 2022-09-08 | by ( Shayanne Gal | Áine Cain | Taylor Borden | ) www.businessinsider.com   time to read: +1 min
Here's a look at the entire tree of families that are descended from King George V — the UK's first Windsor king. The royal family tree of Britain's monarchy is quite a thing to behold. King George V, the first monarch from Britain's House of Windsor, and his wife Mary of Teck had six children. As a result, well-known royals like Prince George of Cambridge and his younger siblings Princess Charlotte and Prince Louis have tons and tons of less-famous cousins. Here's an in-depth look at the British royal family tree, beginning with the family that started it all.
☆ Inside the career of Brian Cornell, who ran Sam's Club before becoming Target's first-ever outsider CEO
  + stars: | 2022-09-07 | by ( Áine Cain | ) www.businessinsider.com   time to read: +1 min
Target CEO Brian Cornell had decades of retail experience under his belt by the time he took the reins at the Minneapolis-based retailer. In 2014, he became the first outside hire ever appointed as Target's CEO. Target announced in September 2022 that Cornell will remain CEO for 3 more years, past the traditional retirement age of 65. Target CEO Brian Cornell is unique among chief executives of the Minneapolis-based retailer. In September 2022, the retailer threw out its traditional retirement age of 65, to allow Cornell to stay on for three more years.
☆ 8 classic entertainment trends that are now defunct thanks to streaming
  + stars: | 2022-09-05 | by ( Áine Cain | ) www.businessinsider.com   time to read: +1 min
The dethroning of movie theatersAmanda Krause/InsiderThe early pandemic crushed movie theaters, as consumers avoided gathering in large indoor crowds. Globally, movie theaters took in $43.2 billion in box-office receipts in 2019, according to the Hollywood Reporter, which cites data from the Motion Picture Association. Box-office figures began to rebound in 2021, hitting $21.3 billion; and so far this year, movie theaters have seen a 365% jump in sales from 2021, according to CNBC. But movie theaters' star was beginning to dim in the pre-pandemic years. Source: Insider, Hollywood Reporter, Deloitte, CNBC
☆ Meet Sunny Balwani: Theranos No. 2 and ex-lover to Elizabeth Holmes was just sentenced to nearly 13 years
  + stars: | 2022-07-07 | by ( Sarah Jackson | Áine Cain | ) www.businessinsider.com   time to read: +2 min
Ramesh "Sunny" Balwani, Elizabeth Holmes' ex-boyfriend and former right-hand man at Theranos, was just sentenced to almost 13 years in prison. He was convicted in July on all 12 counts brought against him related to his time as Theranos' president and COO. Late last month, she was sentenced to more than 11 years in prison, with three years of supervised release. Meanwhile, Ramesh "Sunny" Balwani, who is Holmes' ex-boyfriend and Theranos' former president and COO, has also been convicted of fraud and handed a prison sentence. While Holmes was once lauded as the next Steve Jobs and deemed the world's youngest self-made female billionaire, Balwani has largely remained an enigma.
☆ These 61 top executives — including Elon Musk, Richard Branson, and Larry Page — share their favorite interview questions to ask job candidates
  + stars: | 2022-06-27 | by ( Rachel Durose | Áine Cain | ) www.businessinsider.com   time to read: +1 min
Powerful CEOs such as Elon Musk and Larry Ellison often ask unique interview questions. Insider compiled a list of top executives' favorite interview questions and how to answer them. Any job interview can be nerve-wracking, but when your interviewer is an executive at your dream company, the pressure can jump tenfold. To combat your interview anxiety, Insider compiled a list of 61 top business leaders' favorite questions to ask job candidates. For example, the CEO of Animoto, a video slide show service, likes to ask job candidates what motivates them to get out of bed in the morning.
☆ Meet Fashion Nova's billionaire CEO, who just bought a $40 million beach home after buying the biggest modern home in the US last year for $126 million
  + stars: | 2022-03-08 | by ( Áine Cain | Sarah Jackson | ) www.businessinsider.com   time to read: +2 min
Richard Saghian is best known as the fashion mogul behind fast fashion brand Fashion Nova. Saghian is also snapping up pricey real estate. But that isn't his first big real estate purchase in LA. Last year, he shelled out $126 million for a Bel-Air megamansion, the biggest modern home in the US. The billionaire exec recently shelled out $40 million for a 6,000-square-foot home on Malibu's exclusive "Billionaire's Beach," The Real Deal reported.
☆ Pauline Gretzky caddied for her husband Dustin Johnson during the Masters Par 3 competition — here's a timeline of their relationship
  + stars: | 2021-04-05 | by ( Áine Cain | Gabbi Shaw | ) www.businessinsider.com   time to read: 1 min
69 in the Official World Golf Ranking. Dustin Johnson. 1 throughout 139 weeks in his career, according to CBS. That puts him behind only Tiger Woods and Greg Norman for most weeks in the top spot. When he officially landed at 51 in February 2023, it was the first time in 13 years he'd been out of the top 50, according to Golf Digest.
☆ What business casual really means
  + stars: | 2019-07-11 | by ( Jacquelyn Smith | Samantha Lee | ) www.businessinsider.com   time to read: +3 min
Read previewIt's not always obvious what exactly "business casual dress" means. "They've left the 'business' out of 'business casual' and the lack of professional appearance holds them back. AdvertisementFor example, there is in fact no general agreement on the definition of the term "business casual." AdvertisementBelow are examples of appropriate "business casual" outfits. Here's an example of business casual dress.
Persons: —, it's, Darlene Price, Well, Price, They've, Samantha Lee, Áine Cain Organizations: Service, Business, Oxford, Inc
☆ 14 signs you're smarter than you think you are
  + stars: | 2019-04-08 | by ( Shana Lebowitz | Áine Cain | ) www.businessinsider.com   time to read: +1 min
As it turns out, stupid people tend to overestimate their competence, while smart people tend to sell themselves short. Check out the list below and see if any of these signs apply to you. AdvertisementStupid people tend to overestimate their competence, while smart people often sell themselves short. As Shakespeare put it in "As You Like It": "The fool doth think he is wise, but the wise man knows himself to be a fool." Here are some subtle signs that you are considerably smarter than you think.
Persons: —, Shakespeare, David Dunning, Justin Kruger, Dunning, Kruger, Drake Baer, Chelsea Harvey Organizations: Service, Cornell University
☆ Sears is reportedly slashing life insurance policies for some of its 90,000 retirees as the retailer continues to scramble
  + stars: | 2019-04-01 | by ( Áine Cain | ) www.businessinsider.com   time to read: +4 min
Insurance expert David Paige told Business Insider that, as a result of their age and pre-existing conditions, many retirees will not be able to replace their life insurance. AdvertisementSears survived liquidation, but the same can't be said for its retirees' life insurance coverage. Insurance expert David Paige told Business Insider that the news isn't good for retirees. Unlike health insurance, life insurance has no rule stipulating that insurers can't reject applicants for pre-existing conditions like illness. AdvertisementThis isn't the first rumble of trouble regarding life insurance coverage for Sears retirees.
Persons: Sears, David Paige, —, Paige, Eddie Lampert, Ron Olbrysh, Olbrysh didn't, Read, Sen, Bernie Sanders, Olbrysh, NARSE Organizations: National Association of Retired Sears Employees, CBS, Service, Sears, Chicago Tribune, Tribune
☆ Inside the career of Costco CEO Craig Jelinek, who's worked with the warehouse club almost since its birth
  + stars: | 2019-03-17 | by ( Áine Cain | ) www.businessinsider.com   time to read: +1 min
Costco CEO Craig Jelinek has been with the company since 1984, working his way up through the retailer's operations division. In 2012, Jelinek succeeded Costco cofounder Jim Sinegal as CEO. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyCostco CEO Craig Jelinek has been with the warehouse chain since almost the beginning. The first-ever club bearing the name Costco opened in 1983. Jelinek joined Costco in 1984, just months after the first Costco opened.
☆ Inside the career of Home Depot CEO Craig Menear, who spent nearly 20 years working his way up the ladder
  + stars: | 2019-03-11 | by ( Áine Cain | ) www.businessinsider.com   time to read: +1 min
Home Depot CEO Craig Menear has worked at the retailer since 1997. The Home Depot CEO was selected for the top spot over current Lowe's CEO Marvin Ellison, who was also a top Home Depot executive at the time. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Loading Something is loading. He's worked at the company since 1997, steadily rising through different leadership roles before becoming CEO in 2014.
Persons: Craig Menear, Marvin Ellison, He's, Read, —, Menear Organizations: Montgomery Ward, Ikea, Home, Service, Depot Locations: Wall, Silicon, USA
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