The founder of Store No 8 Katie Finnegan explains how the company is looking for the next innovation in retail. Store No 8 is Wal-Mart's idea incubation arm. Finnegan says Store No 8's goal is to change retail for the better, pursuing innovations that may not be implemented for another 10 years. While Store No 8 is aiming to create things that will be acquired by Wal-Mart, it also knows there could be other revenue streams. Finnegan says Store No 8 is a "unicorn opportunity" for entrepreneurs. The company recently acquired Bart Stein and the team over at Wim Yogurt.

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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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