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The Woman Shaking Up the $50 Billion Instant-Ramen Industry

Kim Jung-soo invented a super-spicy brand of noodles currently on the shelves of Walmart, Costco and major U.S. grocers. Kim Jung-soo invented a super-spicy brand of noodles currently on the shelves of Walmart, Costco and major U.S. grocers. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

CVS Names Cowhey Permanent Finance Chief as Guertin Departs

CVS Health on Friday said Shawn Guertin, its top finance executive who has been on a leave of absence since October due to family health reasons, won’t return to the healthcare-services giant.CVS said Guertin has stepped down as chief financial officer and president of health services and will leave the Woonsocket, R.I., company at the end of May.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 CVS Health on Friday said Shawn Guertin, its top finance executive who has

OpenAI Turmoil Pushes Customers to Diversify

OpenAI’s management chaos in November could have long-lasting effects on its business as some of the company’s customers say it was a wake-up call about the risks of being too reliant on one company’s tech.Executives at companies that use OpenAI’s software say they are increasingly looking to also use others’ technology to protect themselves from the risks of problems at any one. OpenAI’s competitors are using the opportunity to sign up wary customers.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.

Carrefour Drops Pepsi and Lay’s Over Price Increases

Updated Jan. 4, 2024 6:16 pm ETOne of the world’s biggest supermarket chains said it would drop several PepsiCo products to protest what it called unacceptable price increases, a rare public standoff between a grocer and food maker after more than two years of rising prices.Carrefour, which operates thousands of stores across more than 30 countries, said it would stop selling Pepsi, Doritos and other products in France, Italy, Spain and Belgium. A spokesman for the French company said Thursday that it had decided to add

Fisker Ditches Tesla-Style Direct-Sales Model in Favor of Dealerships

The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after it found the approach too expensive and struggled in 2023 to get its cars to buyers quickly.The company is in talks with U.S. dealers and hopes to sign up at least 50 this year, said Chief Executive Officer Henrik Fisker. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 The electric-vehicle startup Fiskeris abandoning a

How IKEA Downsized to Go Downtown

Updated Dec. 31, 2023 12:20 am ETPARIS—There was no instruction manual when IKEA’s Paris team set to work building a new kind of city-center store.The Swedish furniture company’s ambition was to create a smaller version of its giant blue-and-yellow suburban stores for downtown consumers, to be replicated around the world. A quarter of the size of IKEA’s traditional outlets, the central Paris store—the first of this new type when it opened in 2019—would need to be radically different, they decided.Copyright ©2024Dow Jones

Wayfair’s CEO Wants Staff to Work Harder. Your Boss Probably Agrees.

If you want to know what the boss really wants from you in 2024, Wayfair Chief Executive Niraj Shah’s staff memo might be a good place to start.Shah emailed Wayfair’s corporate employees in the thick of the holiday season. First he praised everyone’s effort in returning the online home-goods retailer to profit, then called on them to dig deeper. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 If you want to know what the boss really wants from you in 2024, Wayfair

U.S. Auto Sales Bounced Back in 2023

Updated Jan. 3, 2024 9:57 am ETU.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on dealership lots. But this year could prove more challenging for automakers as stock levels continue to rise and higher interest rates stretch more U.S. car buyers financially. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 3, 2024 9:57 am ETU.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on dealership

A $500 Dog Bed for Humans? Sounds About Right

That warm and fuzzy haven for four-legged friends has become the latest comfort craze for people. That warm and fuzzy haven for four-legged friends has become the latest comfort craze for people. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of…

Chinese Tourists Are Back. They Just Aren’t Shopping Like Before.

Dec. 16, 2023 11:00 pm ETHONG KONG—The retail world used to cater to Chinese tourists. Luxury shops opened wherever they went, and Parisian department stores hired Mandarin speakers. Mom-and-pop stores in Hong Kong were replaced by vendors offering products Chinese tourists demanded, such as milk powder and medicines.   Now, after being grounded for three years during the pandemic, Chinese travelers are taking to the skies again. But they don’t look or spend the same.   Copyright ©2023Dow Jones & Company, Inc. All