Heather Haddon, reporter for The Wall Street Journal, shares her thoughts on Kroger becoming the third retailer to raise the age for buying a firearm to 21. Walmart and Dick's Sporting Goods made similar changes recently.
Haddon notes this decision wasn't made in response to Kroger shareholders who asked for similar measures to be taken back in 2016. In reality, she says this will only affect a small number Kroger-owned Fred Meyer locations. There are 43 Fred Meyer stores nationwide.
Haddon says if the NRA is upset with any of these retailers it's probably Walmart because they are the largest retailer in America. Kroger is the largest supermarket chain in the country.
Sports Illustrated Swimsuit is marking the 58th anniversary of its first print issue with the announcement of a new advertising mandate called Pay With Change. The magazine's annual print will now only feature brands who are helping drive gender equality forward, creating a sweeping call to action for the publishing industry. MJ Day, editor-in-chief of SI Swimsuit, joined Cheddar to discuss the goals of the new initiative.
Sonia Thompson, inclusive marketing strategist and consultant, breaks down the need to retool the hiring process and how organizations can make for a better workplace environment.
Netflix is set to report its Q4 earnings after the bell on Thursday. Wall Street is bullish on the streaming giant, estimating it will report its highest total of new subscribers for any quarter in 2021. But the company also faced major hurdles last year, from slowing revenue growth to rising streaming competition to increasing production costs. Chris Legg, senior managing director at Progress Partners, gives a preview.
PepsiCo and Beyond Meat are partnering together to launch a plant-based jerky. This is the first in a series of plant-based foods the pair will roll out together.
M&M's is rebranding its iconic chocolate candy characters with new looks and storylines highlighting the "progressive world" we live in today. Jane Hwang, global vice president of M&M's, joined Cheddar to talk about the company's rebrand. "M&M's is on a mission to create a world where everyone feels they belong," she said. The multi-colored, anthropomorphized candies will be getting an updated look and tone, according to Hwang, such as Green receiving a makeover that reflects more female empowerment and confidence.
From delays in delivery during the pandemic to a not-so-positive cameo to "And Just Like That" on HBO Max, Peloton may be spinning its way out of the spotlight. The at-home fitness company stock plummeted following insiders selling $500 million worth of its stock leading up to the sharp decline. Andrew Boone, director and equity research analyst at JMP Securities, talked to Cheddar about why he isn't feeling too concerned about the sell-off, calling Peloton a "best in class product."
After announcing a subscription price increase, Netflix will be releasing its Q4 earnings later on Thursday. Tuna Amobi, director and senior equity analyst at CFRA Research, spoke with Cheddar's Baker Machado to discuss what investors can look forward to from the streaming giant. “It’s really a very, very watershed, I might add, report for Netflix, ”Amobi said about the much-anticipated announcement.
