Kraft Heinz is splitting into two distinct companies, Global Taste Elevation Co. and North American Grocery Co., after a decade of challenges post-merger. Discover what this means for beloved brands like Heinz and Kraft Mac & Cheese.
In a surprising turn, Keurig Dr Pepper is splitting into two distinct companies following its $18 billion acquisition of Peet's Coffee. This strategic move aims to enhance growth and focus on diverse beverage markets.
Target has announced Michael Fiddelke as its new CEO, effective February 1, as the retailer seeks to recover from a sales slump and regain Wall Street's confidence. With a focus on unique merchandise and improved customer experience, Fiddelke aims to turn the company around amidst rising competition and declining sales.
In a bold move, IgniteTech replaced hundreds of employees to embrace AI, facing significant resistance and cultural challenges. Discover how this shift reshaped their business amidst the AI revolution.
Donald Trump’s love for golf is more than just a pastime; it's a powerful networking tool. Dive into the stories behind his golfing escapades and the deals made on the fairways.
Discover what top experts are saying about the necessity of updating your business strategy in today's fast-paced market. Don't fall behind – learn from the best!
HMD has announced a significant reduction in its US operations due to geopolitical and economic challenges. The company assures customers of continued support and commitment to existing warranties.
In a surprising turn of events, Moonhub is shutting down despite initial reports of its acquisition by Salesforce. Only a portion of its team will join Salesforce, which is ramping up its AI strategies.
In a bold move, Dick's Sporting Goods plans to acquire Foot Locker for $2.4 billion, aiming to merge their strengths in the competitive sports retail market. Despite concerns from investors about Foot Locker's declining sales, both companies believe this partnership will enhance their market reach and customer experience. The deal is set to reshape the landscape of sports retail and expand sneaker culture globally.
Burberry has announced plans to cut 1,700 jobs as part of a cost-saving initiative following a £66m loss. The cuts, primarily affecting the UK, aim to streamline operations and ensure the brand's future in luxury fashion.
