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10 Tuesday AM Reads

Barry Ritholtz

The Big Picture ) • Most Americans are better off financially now than before the pandemic : Jobs, paychecks, spending, wealth, and financial security have made big gains, which offset the burden of higher inflation. Jobs are plentiful. That’s true for most families. The good news stretches far beyond the rich. Nobody’s happy.

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Jessica Alba’s Honest Company Faces A Down Round

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The big price tag on Honest Company, however, is as much a limitation as it is an honor. About a year ago, the firm was in negotiations with Unilever about a potential partnership or acquisition, but that price tag pushed them instead to grab up competitor brand Seventh Generation for $600 million. So, is Honest no longer a unicorn?

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Macy’s To Open New Store Format With Beauty Focus

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CNBC reports that while Macy’s declined to comment on the story, there has been a wealth of new job openings in the Southlake area, including some with descriptions for cafe employees, beauty brand experts and sales associates, with a tag stating that it’s for a “new retail concept at Macy’s.”

Retail 43
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Why Consumers Embrace Life Lived Digitally ? And 23 Pct Will Leave Offline Behind

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million Americans have lost their jobs since the start of the pandemic and countless others have taken huge salary cuts. Job losses and possible pressures on savings and cash flows mean luxury goods are not top of mind for consumers … instead, keeping food on the table is key, especially among less financially secure consumers.

Retail 73
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The Robots Are Coming – And Some Are Already Here

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That’s a big price tag, but it’s not so bad when one considers that doing that using humans to perform that kind of plant surveying work would cost roughly $300,000. Fluffy and Spot, which can both climb stairs and crawl into hard-to-reach areas, will also cut the required time in half and complete the job for a fraction of the cost.

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NEW REPORT: The Secret To Self-Service Success?

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According to recent research, 50 percent of the world’s current jobs could be automated within the next 40 years. New Zealand’s Auckland Airport recently introduced mobile self-service kiosks to its international terminal, which will allow travelers to check in for flights and print boarding passes and baggage tags. .

Retail 51
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Uber Ups Its Game With Scooters

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The Asia Pacific region has the most employees outside of China, so job cuts there were the first step in the consolidation process. Bird also made news when Apple announced last month that it was teaming up with partners — including Bird — on special tags that can trigger purchases with Apple Pay without the need for a special app.