As malls continue to lose foot traffic, the question of how retail can keep up is on the top of many industry leaders' minds. George Arison is the CEO and Founder of Shift joins Cheddar to give his take. Arison believes that next-day delivery is going to be the key to retailers who want to survive. Arison points to Amazon has not only a retail disrupter but also as the company to follow. Shift is a peer-to-peer marketplace for buying and selling cars. Shift allows consumers to go through the entire car buying/selling and financing process, all on their phone.

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Nestlé dismisses CEO after he has relationship with a subordinate
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
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