The gymnastics superstar’s defection to Athleta gives the Gap-owned women’s athletic-apparel chain added visibility and credibility with its core audience.
The consumer giant is raising prices on some staples so it won’t get squeezed by rising commodity costs. Makers of less essential items may find it harder to follow suit.
The stay-at-home spending habits that took hold last year have not fully subsided even as reopening-related buying is taking off. It won’t last forever.
The fast-food giant’s Times Square restaurant is a bet on a return of tourism, but its focus on digital ordering is a hint that some pandemic behaviors will stick.
