Tesla, led by Elon Musk, never fails to surprise its customers with unique and unconventional merchandise. The latest addition to their lineup is a Cybertruck-themed cat bed made entirely of cardboard, exclusively available in China. Priced at 89 Chinese Yuan, approximately $12, this feline-friendly product boasts an angled design reminiscent of Tesla’s upcoming vehicle. Described …
Gap, the apparel giant, has appointed branding veteran Richard Dickson as its new CEO, following a yearlong search for a suitable candidate. Dickson, who played a key role in the revival of Mattel’s Barbie franchise during his tenure as president and chief operating officer, will assume his new position on August 22nd. This announcement comes …
The Knot has faced accusations of fraudulent practices for years, targeting clients ranging from major retailers like Macy’s to small businesses like caterers and dressmakers. Former employees have come forward claiming that top executives silenced anyone who tried to expose these practices. Vendors who advertised on The Knot complained about receiving spam leads and mediocre …
H&M, the Sweden-based fashion retailer, has taken a strategic move to compete with Shein, the Chinese discount e-retail upstart that experienced significant growth during the pandemic. H&M has lowered the prices of its clothing, with ribbed crop tops now available for only $1.70, a 70% markdown from their usual price of $4.99. Shein, known for …
Canadian retailer Indigo Books and Music Inc. has reported a loss of $49.6 million in its latest financial year. The company attributes this loss to a ransomware attack on its website and payment systems, as well as the impact of cooling consumer spending. The cyberattack resulted in the compromise of personal information belonging to both …
By Staff The Canadian Press Posted June 21, 2023 9:38 am Updated June 21, 2023 9:57 am Decrease article font size Increase article font size According to Statistics Canada, retail sales in April increased by 1.1% to reach $65.9 billion. The growth was primarily driven by general merchandise retailers and food and beverage stores. This …
Six months ago this week, a historical agreement was signed in Montreal by nearly 200 countries to protect biodiversity. While mandatory reporting on nature may still be distant, some companies have recognized the importance of measuring their impact on nature for various reasons, such as managing reputations, minimizing costs, and ensuring survival. Jennifer Motles, Chief …
Doctors and pharmacists are receiving lengthy pamphlets for prescription drugs, but efforts to digitize this information are gaining traction. A bill in Congress aims to eliminate the need for paper inserts by allowing drugmakers to provide up-to-date digital information. Advocates argue that medical professionals already consult electronic versions and discard the paper inserts. Those in …