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Snacks / Monday, August 26, 2019

Retail-pocalypse survivor = Target... Shares surged 17% for Minnesota's pride-and-joy because its $7B Millennial makeover is winning — Target has remodeled 500 locations and just unveiled its 100th mini-store, where sales are actually rising. It also launched its biggest ever food brand, Good & Gather, which is smothered in organic-ness.

5.6M wrists... Fitbit just snagged them via a big new client: the government of Singapore wants its citizens wearing quasi-cool fitness trackers for a nationwide public health initiative. Sales for Fitbit's "health solutions", through partnerships like this, have jumped 42% from last year.

11... That's how many times Estée Lauder dropped the term "travel retail" in its latest earnings report. The makeup legend is squeezing splurge-cash from captive audiences stuck in airport terminals. The trend isn't limited to just EL's makeup and skincare sales — spending overall at airports tripled over 15 years, hitting $69B in 2017.

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