Waltons Rockefeller Model | Petco Breach #3 TY | Target Beefs Up
Eli Lilly’s next-generation obesity drug helped patients with obesity and a type of knee arthritis lose an average of 23.7% of their body weight at CNBC
Walt Disney Company and OpenAI reach landmark agreement “As part of this three-year licensing agreement, Sora will be able to generate short, user-prompted social videos that can be viewed and shared by fans, drawing on more than 200 Disney, Marvel, Pixar and Star Wars characters.” Press release
Prada to launch $930 ‘Made in India’ sandals after backlash at Reuters. “Prada will make a limited-edition collection of sandals in India inspired by the country’s traditional footwear, selling each pair at around 800 euros ($930), Prada senior executive Lorenzo Bertelli told Reuters, turning a backlash over cultural appropriation into a collaboration with Indian artisans.” Reuters subs.
US Jobless Claims Jump by Most Since 2020 After Holiday Drop at Bloomberg. “Weekly initial claims tend to be choppy around the holidays and will likely continue to fluctuate through the end of the year, but Thursday’s figures are toward the higher end of readings seen in 2025.” Bloomberg subs.
…ADP’s chief economist warns the real economy is pretty different from Wall Street’s bullish outlook at Fortune/Yahoo. “Unlike her economist peers on Wall Street, Richardson tells Fortune: “We’re tracking changes in real time, it’s as high frequency as payroll data [can] get and we have not seen this rosy picture for 2026 in the data.” Read more
Home prices go negative for the first time in over 2 years at CNBC. “Home prices are down 1.4% in the last three months. Active listings in November were nearly 13% higher than last year, but new listings were just 1.7% higher.” Read more
Target beefs up protein, supplement offerings, capitalizing on weight loss drug trend at Fox Business. “We’re like at the tip of the iceberg in terms of what I think this is going to mean for how it changes consumer behavior,” Lisa Roath, Target’s chief merchandising officer of food, essentials and beauty, told FOX Business.” Read more
Walton family fortune: How American’s richest family manages their wealth at CNBC. “The Waltons, America’s richest family, uses a model pioneered by the Rockefellers to manage their wealth. At the center of this web is Walmart Enterprises, an under-the-radar investment firm that allows the Waltons to save on some costs and pursue their individual passions.” Read more
Dollarama Q3 Canada comp sales +6.0% Press release
Amazon’s Same-Day perishable grocery delivery expands to 2,300+ cities “This summer, customers in areas of Seattle, Los Angeles, Dallas, Chicago, Miami, and New York City were enjoying fresh grocery delivery within hours. With this latest expansion, customers in areas of Boise, ID, Salt Lake City, UT, Fort Collins, CO, Omaha, NE, Sugar Land, TX, Des Moines, IA, Kennesaw, GA, Gaithersburg, MD, and more can now fold their grocery lists right into their Amazon orders.” Press release
New Home Depot Creator Portal Connects Influencers with Home Improvement Enthusiasts (Dude Perfect, Trinity Rodman, etc..) Press release
Petco takes down Vetco website after exposing customers’ personal information at TechCrunch. “The security lapse allowed anyone on the internet to download customer records from Vetco’s website without needing a user’s login information. At least one customer record was exposed and indexed by Google, allowing anyone to find the data by searching for it…By TechCrunch’s count, this is Petco’s third data breach in 2025.” Read more
Dallas to get its first H-E-B after council approves zoning request at NBC DFW 5
Shopify Rolls Out Ad Network for Millions of Merchants at Adweek. “Up until now, merchants have only been able to run Shop Campaigns within Shopify’s consumer-facing Shop app and website. Now, those campaigns can appear in key places around merchants’ own Shopify storefronts. The idea is to use Shopify’s size of more than two million merchants to increase conversions and keep buyers on merchants’ sites…” Adweek subs.
Walmart is Offering One Hour Delivery Up to 5 p.m. on Christmas Eve Press release
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