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Top stories summarized by our editors
1/26/2022

Hedge fund Macellum Advisors, which owns a stake of about 5% in Kohl's, sent a letter Tuesday requesting a seat on the retailer's board of directors and urging the company to consider strategic alternatives that could include a sale. An entity backed by Starboard Value has made a $9 billion bid to buy Kohl's, and Sycamore Partners is also reportedly working on a buyout offer.

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CNBC
1/26/2022

Gap-owned apparel brand Athleta will team with musician Alicia Keys to launch a line called The Athleta x Alicia Keys collection. The size-inclusive collection, set to debut on International Women's Day in March, was co-designed by Keys, who has also signed on as a mentor and adviser to Athleta's "Power of She Fund" grant program.

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Women's Wear Daily
1/26/2022

ALDI is using facial age estimation technology for customers who want to purchase alcohol from its trial store near London, which is checkout-free and uses the ALDI Shop&Go app. The program can confirm the age of customers in seconds through machine learning.

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DesignTAXI
1/26/2022

Unilever is reorganizing with an executive suite reshuffle, management team downsizing and business unit expansion from three to five units: nutrition, ice cream, beauty and well-being, home care and personal care. The changes are expected to spur growth by boosting accountability and making Unilever a more nimble company, according to CEO Alan Jope.

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Unilever
1/26/2022

Montreal-based supermarket Metro said it's paying more for imported fresh food as a new vaccine mandate for truck drivers crossing into Canada has raised shipping prices. Metro's 1,600 stores are managing to keep shelves full and have reported an 8.6% increase in sales in the quarter ended 18 Dec.

1/26/2022

The mortar and pestle haven't changed much since their invention 35,000 years ago and the duo is a necessity for every kitchen, according to Los Angeles chef Narita Santos. "[A] mortar and pestle helps extract flavors out of ingredients in a way that blenders or food processors can not [and] also allows for creating small batches or preparing items in small amounts," Santos says in this article, which highlights several styles and brands.

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Well+Good
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Santos
1/26/2022

The air fryer -- which was introduced in 2010 and saw its first sales boom in 2017 -- has spawned dedicated cookbooks, bloggers and even foods designed specifically for them. From favorites like French fries to new ideas such as corn ribs, the air fryer's crisp results could be turning the small appliance into a long-term kitchen necessity.

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The New York Times
1/26/2022

Combined imports at the ports of Los Angeles and Long Beach dropped by 14% year-over-year in December, the fourth consecutive month with a decline. Full terminals meant that over 100 ships had to wait to dock last month, while a shortage of truck drivers and dockworkers worsened the bottlenecks.

1/26/2022

Hugo Boss, a name known for suits designed to appeal to ambitious professionals, is in the midst of a rebranding that includes a new logo, TikTok marketing and other elements to appeal to Gen Z. The shift kicked off at Milan Fashion Week last fall with baseball-themed looks created in collaboration with Russell Athletic, in a nod to the pandemic era's shift away from suits and formal office wear.

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The New York Times
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Russell Athletic
1/26/2022

A growing number of US companies are turning their suburban campuses into hubs with amenities typically found in cities as part of a push to attract younger talent. Walmart's new 350-acre complex in its Bentonville, Ark., hometown will feature retail shops, food trucks, a hotel and walking and biking trails, as well as office space.

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The New York Times
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Walmart