Target announced on Tuesday that it was closing nine stores across four states, saying theft at the locations was harming its business and threatening the safety of employees and customers. The stores being closed next month include one in Manhattan’s East Harlem, which has been open since 2010, and multiple locations in San Francisco, Seattle […]
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Instacart Was All About Grocery Delivery. No Longer.
When Fidji Simo took over as chief executive of Instacart in 2021, the grocery delivery start-up’s growth was cratering as its pandemic boom ebbed. The board of directors asked her to find new ways for the company to earn money. Ms. Simo, a former executive at Meta with experience in advertising, played to her strengths. […]
Read MoreLVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?
One afternoon in July, not long after being named the wealthiest man on the planet by Forbes, Bernard Arnault, the head of the LVMH Moët Hennessy Louis Vuitton luxury goods empire, took his place on a stage with a view of the Eiffel Tower before a packed crowd of French dignitaries and reporters. In the […]
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