1. Corporate Strategy

Peloton CEO Steps Down and Layoffs Begin

Written by Posted on Less than 0 min read

Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Channel: Specialty & Other

Trader Joe’s Raises Banana Prices for the First Time in 2 Decades

The grocer has increased the price of one banana from 19 to 23 cents. View Original Article Trader Joes RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional […]
< 1 min read
0
  1. Trends & External Forces

Multi-Billion Dollar Antitrust Lawsuit Threatens NFL’s Sunday Ticket Package

Opening arguments are scheduled for a class action lawsuit probing the legitimacy of the NFL’s Sunday Ticket package. View Original Article Government Legal & Criminal RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling […]
< 1 min read
0
  1. Uncategorized

Many Cancer Drugs Still Unproven 5 Years After Accelerated Approval

Accelerated approval allows for an earlier approval of drugs that treat serious conditions. View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each […]
< 1 min read
0
  1. Associates & Employees

Nike Announces Workforce Reduction of Over 1,600 Employees

In a recent email sent out to all employees, Nike’s CEO, John Donahoe, expressed regret over the decision to lay off 2% of its global workforce or roughly 1,600 employees. View Original Article Associates Dept. Apparel Executives RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving […]
< 1 min read
0
  1. CPG: Food

Dairy Manufacturers Inc. Issues Voluntary Recall of Baby Formula

In a significant move, Dairy Manufacturers Inc., a Texas-based company, has initiated a voluntary recall of several baby formula products after they were found to be noncompliant with U.S. Food and Drug Administration (FDA) regulations. The recall encompasses all lot codes of three specific products: Crecelac Infant 0-12, Farmalac 0-12, and Farmalac 0-12 Low Lactose. […]
< 1 min read
0
  1. CPG: Adult Beverage

Bud Light Reveals Aftermath of Controversy

In 2023, Anheuser-Busch InBev faced a colossal setback, potentially losing $1.4 billion in sales due to a brief collaboration with a transgender influencer to endorse Bud Light beer. View Original Article Dept. Beverage Marketing: Social Media CPG: Adult Beverage Dept. Adult Bev RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s […]
< 1 min read
0
  1. Uncategorized

Regional Banks Face Unrest and Warn of Possible Crisis

About a year ago, the collapse of three midsized American banks sent shockwaves through the industry. Now, it seems we’re heading back toward uncertain territory, as the specter of commercial mortgage defaults looms over regional banks. View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion […]
< 1 min read
0
  1. Associates & Employees

CPG profits increase as costs decrease

Consumer packaged goods companies have raised prices in recent years as energy, ingredient, labor and other costs have increased. The companies have held onto those increases as costs in many areas have decreased. View Original Article Associates Consumers Sustainability RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion […]
< 1 min read
0
  1. Agencies & Vendors

Back-to-school spending set for first decline in nine years because of inflation, report says

Back-to-school spending in the United States is expected to decline for the first time in nine years as consumers prioritize necessities and reduce nonessential purchases amid sticky inflation, according to a report by Deloitte. The report projects a 10% decrease in spending this year, with the average spend per child dropping to $597 and the… […]
< 1 min read
0
  1. Trends & External Forces

Colgate-Palmolive is the latest CPG giant to forecast price increases

Colgate-Palmolive has raised its annual forecast, expecting to increase prices further this year. The CPG giant now expects its full-year organic sales will grow between four and six percent, up from its previous forecast of three to five percent growth. View Original Article Dept. Natural / Organic Health & Wellness Predictions and Forecasts RetailWire Member […]
< 1 min read
0
  1. Department: Beverage

Business Interruption Danger for Food and Beverage Retailers

In a rapidly changing world, the food and beverage industry faces significant risks, with business interruption emerging as the foremost concern. According to WTW’s 2024 Global Food and Beverage Risk Outlook, nearly half of the companies in this sector, about 48%, view business interruption as their primary internal risk. This concern is closely followed by […]
< 1 min read
0
  1. Shopper & Customer

US Consumer spending slowed in May

US Consumer spending increased 0.1 percent in May, according to the Commerce Department. Spending was flat when adjusted for inflation. US Consumer Spending Good and Bad According to the NY Times, “Consumer spending slowed sharply last month — good news for policymakers worried about inflation, but also a sign that a crucial engine of the… […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Robots may outnumber humans at Amazon in a few years

Cathie Wood, CEO and chief investment officer at Ark Invest, thinks that robots will outnumber humans working at Amazon.com facilities in the near future. “Amazon is adding about a thousand robots a day. … If you compare the number of robots Amazon has to the number of employees, it’s about a third. And we believe […]
< 1 min read
0
  1. Media & Marketing

Reddit Estimated at $5B Valuation in the Social Media IPO Market

Reddit is preparing to go public, eying a significant valuation of at least $5 billion. With plans to make the move this spring, this development has generated buzz within the investment community. View Original Article ESG and CSR Marketing: Social Media Results & Investment Start Ups RetailWire Member since October 25, 2020 Loading + Follow […]
< 1 min read
0
  1. Channel: Specialty & Other

Landlords find new tenants to fill Bed Bath & Beyond space quickly

Bed Bath & Beyond is shuttering 400 stores as it seeks ways to remain viable. Landlords for shopping centers housing the former Bed Bath & Beyond stores are finding plenty of takers for the space as HomeGoods, Ross, TJ Maxx and others open new locations. View Original Article Brick and Mortar Bed Bath & Beyond […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

FedEx Unveils “fdx” To Take on E-Commerce Giants

This fall, FedEx is shaking up the e-commerce world with a new data-driven platform named “fdx.” View Original Article Data & Insights Delivery RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that […]
< 1 min read
0
  1. CPG: Food

America’s largest egg producer reports a 718 percent gain in profits

Cal-Maine Foods, the largest egg producer in the United States, saw its sales double year-over-year in the quarter ending February 25. The company’s quarterly profits jumped 718 percent as it raised prices. The total number of eggs sold inched up one percent. View Original Article Dept. Dairy RetailWire Member since October 25, 2020 Loading + […]
< 1 min read
0
  1. Media & Marketing

Fanatics to start live-streaming service for sports collectibles

Fanatics is launching a live-streaming service to enable collectors to purchase sports memorabilia. The company has hired former Snap executive Nick Lead to lead Fanatics Live. View Original Article Executives Marketing: Digital Media Streaming RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as […]
< 1 min read
0
  1. Shopper & Customer

Birkenstock To Make Less Profit Despite Being on Trend

Birkenstock continues to be a winner with consumers despite its high price point. However, the company says it forecasts that it will make less money over the next year. View Original Article Consumers RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a […]
< 1 min read
0
Next