After nearly 30 years of selling goods on networks like QVC and HSN, inventor Joy Mangano is launching CleanBoss, a line of hand sanitizing products.
The launch comes as more U.S. cities implement COVID-19 guidelines with cases spiking nationwide. Mangano said the product has been in development for at least five years, but because of the pandemic, she reprioritized the CleanBoss line to get it to market.
This launch, unlike others, was done without a home-shopping platform - a process Mangano describes as “different and not different." She split from HSN in 2018.
While she doesn’t spend hundreds of hours a year selling goods on television anymore, Mangano is embracing social media and the leverage it provides to remain competitive.
“I reinvented myself after standing in front of America in one way for 30 years,” she said.
Despite a difficult time for the economy, Mangano said entrepreneurs can still find success by looking at long-term opportunities.
She also said the social media outlets available today offer "a very big value" for businesses.
“There are so many different ways and different platforms today for people, not just big business out there. The entrepreneur has more paths today than they’ve ever had historically in business and I think that that's a really good thing.”
Mangano’s remarkable life story became common knowledge when it got the big-screen treatment with the 2015 release of Joy, starring Jennifer Lawrence. Now the entrepreneur's story is set to be told on Broadway - once theaters are allowed to reopen.
“I'm very, very excited because it’s going to be such a wonderful story of inspiration and entertaining. The music’s phenomenal,” she said.
The former HSN all-star is also gearing up for a new network television show that is expected to roll out in 2021, she revealed.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.