Snacks
ICYMI

Last week's highlights

Snacks / Monday, April 10, 2023
  • Droid: Walmart said 65% of its stores will be automation-powered by 2026 (think: robo forklifts). Companies are investing in “efficiency” while cutting back on big bets like the metaverse and expenses like… staplers.
  • Exfoliate: L’Oréal is lathering up $2.5B for fancy skincare brand Aesop (picture: $50 hand soap) in its largest acquisition. As Gen Z splurges on luxury beauty, niche brands are getting scooped by mainstream powerhouses.
  • WWFC: Live-entertainment stars WWE and UFC plan to merge, tag-team style, to form a $21B public company under Endeavor. The brands have shared talent and viewers for years, brother.

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