Serena Williams to star in Tonal’s Super Bowl ad. Home gym tells women to ‘own your strength’
Tonal, known for its $2,995 at-home gym, is using a Super Bowl ad to make a point to women that they can use strength training equipment just like men. A new campaign starring tennis champion Serena Williams, who was also an early Tonal investor, aims to debunk the idea that women will get “very muscular”…
Read article
Peloton to replace its CEO, cut 2,800 jobs
Beleaguered fitness company Peloton said Tuesday it will replace CEO and co-founder John Foley as the brand seeks to win back market and consumer confidence. Barry McCarthy, who has held leadership roles at Spotify and Netflix, will become the new CEO, effective Wednesday, the company announced. “Today’s leadership changes are the culmination of a succession…
Read article
Delivery firms are offering more flexibility to retain partners. Will it work?
Major aggregators are rolling out white labels, subscription programs and new data tools to keep partner restaurants and delivery customers as more diners order from operators directly. Over the past two years, third-party delivery aggregators made a feast of the pandemic environment that threatened so many restaurant operators with famine.
Read article
Shopify tipped by M Science to beat Q4 revenue expectations
M Science updates on current trends with Shopify (SHOP+0.8%) amid the holiday shopping season.Overall, the data tracking firm says moderating subscriber growth is being offset by increased gross merchandise volume.M Science analyst Parker Snook and team set a Q4 revenue estimate for SHOP ahead of consensus, driven by upside in merchant solutions and GMV.The firm’s…
Read article
How A Sleepy Southern Chain Became One Of The Pandemic’s Top Performing Stocks
The secretive clan behind the Dillard’s department store chain has a reputation for avoiding reporters, refusing to hold earnings calls and dodging investor queries about their results. So low-profile and seemingly unambitious with respect to their peers, they are sometimes called “the Dullards.” But there is nothing dull about the family fortune, which is suddenly…
Read article
Stitch Fix Needs a ‘Make It Work’ Moment
Stitch Fix is about as polarizing to investors right now as low rise jeans are to consumers. The online styling company reported solid earnings Tuesday for the period ended Oct. 30, with revenue and adjusted earnings before interest, taxes, depreciation and amortization coming in above Wall Street’s estimates. But active clients of just 4.18 million…
Read article