Target has just opened a new store in SoHo, New York. This is not your usual Target store. It's a special one. The store is all about fashion and style. It has a unique design. The store has a red hallway that looks like Target's Bullseye logo. This area is called "The Drop. " It will change every f
Macy's recent financial report shows a glimmer of hope for the struggling department store. Despite a tough retail environment, the company managed to post a surprise profit for the third quarter. This success comes as a result of a major overhaul led by the new CEO, Tony Spring. The company's comp
Lucid Motors is making a big change at the top. The company's CEO, Peter Rawlinson, who has been leading the company since 2013, is stepping down. He will no longer be the CEO or the CTO. Instead, he will become a technical advisor to the company's chairman. Marc Winterhoff, who is currently the chi
Ever wanted to use the restroom at Starbucks without buying anything? Well, think again. The coffee giant has changed its policies, requiring customers to make a purchase before they can use the store's facilities. This new rule is part of a bigger push by the company's new CEO, Brian Niccol, to boo
Stellantis, the company known for Jeep SUVs and Fiat cars, is about to have a new boss. Carlos Tavares, the current CEO, is stepping down after the company saw a dip in profits and a slump in US sales. Insiders think the big news could break as early as this Sunday. Last October, Stellantis let slip
Today was full of surprises as several big names in tech and travel reported their earnings. Let's start with Carvana, the online used car dealer that zoomed ahead with a 19% stock boost. Why? They did better than expected in the third quarter, earning more money and bringing in more revenue than an
CVS Health has a new leader at the helm. The health care giant announced that CEO Karen Lynch is stepping down, with shares plummeting 19% this year. The company expects earnings to fall below Wall Street predictions, struggling with rising insurance costs and sluggish drugstore sales. David Joyner,
CVS Health has named David Joyner as its new CEO, filling the shoes of Karen Lynch who stepped down after an agreement with the board. Joyner, previously the vice president of CVS Health and president of CVS Caremark, will also join the board. The company believes Joyner's deep understanding of thei
Nike, one of the world's most recognized sportswear brands, is taking a fresh stride with the announcement that its CEO, John Donahoe, is stepping down. Donahoe, who has been at the helm since 2020, will retire on October 13, making way for Elliott Hill, a company veteran, to take over the reins. Hi
