Sales & Marketing news

• Tesco’s brand boss admits retail was an ‘alien planet’ when she joined the grocer

  15-11-2018 13:23
  Michelle McEttrick had never worked in retail before she joined Tesco as group brand director in early 2015. She had run brands in financial services, telecoms, FMCG, food and drink and worked agency-side, but admits retail was an “alien planet”.
  “Unless you count the summer after graduating from high school working in a mall as relevant to leading the Tesco brand in every market and business unit, I had [no] retail experience,” she said, speaking at the Marketing Societ
  
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• The Amazon cargo plane that crashed in Miami nearly hit a parking lot full of Tesla Cybercabs

  07-09-2026 14:24 via businessinsider.com
  
  An Amazon cargo plane crashed near a parking lot full of Tesla Cybercabs.CHANDAN KHANNA / AFP via Getty ImagesAn Amazon Prime Air Boeing 767 crashed in Miami after overshooting the runway, killing five people.The plane came to a halt just short of a parking lot full of Tesla Cybercabs.Cybercabs were deployed for the first time in Austin last week, but have not officially launched in Miami.Sunday's Amazon plane crash almost destroyed a bunch of Elon Musk's latest invention.At least five people di
  
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• Nvidia's Jensen Huang says 'AGI has arrived' and congratulates OpenAI

  07-09-2026 14:03 via businessinsider.com
  
  Nvidia CEO Jensen Huang said Sunday that "AGI has arrived" and credited OpenAI's latest model, Astra.Matt RAMEY / AFP via Getty ImagesNvidia CEO Jensen Huang says that "AGI has arrived."Huang then credited OpenAI's latest model, Astra, with reaching the milestone.He also noted that Astra was trained on Nvidia's chips.Nvidia CEO Jensen Huang tipped his hat to OpenAI on Sunday.The chipmaking mogul took to X to congratulate OpenAI's team on the release of the company's newest and most powerful mode
  
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• OpenAI reveals how much its researchers are spending on AI coding

  07-09-2026 13:32 via businessinsider.com
  
  OpenAI CEO Sam Altman previously said the company's top token user burns through 100 billion a month.Sean Rayford/Getty ImagesOpenAI said its researchers are spending over $600 a day on average in tokens for AI coding agents.Its most prolific researchers are spending even more: $7,000. Token spending became a hot topic in Silicon Valley, with companies clamping down on "tokenmaxxing."OpenAI has pulled back the curtain on how much its researchers spend on AI coding agents.In a blog post on Sunday
  
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• 'Black Swan' investor Mark Spitznagel says the crash of a lifetime is coming after one more 'euphoric rally'

  07-09-2026 13:31 via businessinsider.com
  
  Mark Spitznagel is the head of Universa Investments.Bloomberg/Getty Images"Black Swan" investor Mark Spitznagel sees the AI boom reaching new heights before collapsing.The Universa Investments chief anticipates a "euphoric rally" before the crash of a lifetime.He spoke about how difficult it is to bleed money most days while waiting for disaster to strike.Mark Spitznagel says the AI boom likely has further to run, but a monumental crash is coming.The founder and chief of Universa Investments, a
  
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• Ukraine's front lines are so dangerous that troops take casualties just moving in and out of their own trenches

  07-09-2026 13:30 via businessinsider.com
  
  Entering and leaving trenches in Ukraine can be highly dangerous.ROMAN PILIPEY/AFP via Getty ImagesUkrainian troops often take casualties moving in and out of trenches, a Western commander said.Drones and other weapons make even routine movement near the front extremely dangerous.The threat can leave soldiers stuck in defensive positions for days or even longer.Ukraine's front lines are unforgivingly brutal, and soldiers are often injured or killed just rotating in and out of their own trench sy
  
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• I'm applying to entry-level jobs at 56 and can't even get an interview. My confidence has taken a hit — so I'm pivoting.

  07-09-2026 13:07 via businessinsider.com
  
  Jennifer Mannix is pivoting from 30 years in risk management to women's sports.Chona Kasinger for BIThis as-told-to essay is based on a conversation with Jennifer Mannix, a 56-year-old based in Tacoma, Washington. It's been edited for length and clarity.In 2022, after 30 years working for the city of Juneau, Alaska, I was eligible for a full retirement, which included health benefits and a pension for the rest of my life.My wife and I moved to Tacoma, Washington, and it's been lovely to have a c
  
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• We moved our kids from a small town to Chicago. They're more independent, and we have more to do.

  07-09-2026 12:17 via businessinsider.com
  
  The author and her kids have more to do in Chicago than they did when they were living in a small rural town in New Jersey.Courtesy of Hannah HowardMy husband and I had been living in a small town in New Jersey since 2020. We liked it, but missed parts of the city life in New York we were used to. When he got a job in Chicago, we moved, and it's been the best decision for our family.Last weekend felt almost comically Chicago. On Saturday morning, I took my two young kids and our dog to our close
  
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• Mamdani signals union loyalty with new NYC office for rank-and-file workers

  07-09-2026 12:05 via businessinsider.com
  
  New York City Mayor Zohran Mamdani signs an executive order establishing the Office of Worker Power.MOWP / NYC Mayor's OfficeThe Mamdani administration is launching an NYC office for labor organizers and workers.The office has not yet hired staff or released budget details.The announcement builds on recent actions to support gig worker safety and fair wages.Zohran Mamdani is celebrating Labor Day in a fitting way: Setting up a new city office to work more closely with unions and workers across N
  
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• My startup worked out of 5 different spaces in a year. Here's how we found our dream office.

  07-09-2026 12:02 via businessinsider.com
  
  Petra Labs cofounder Sami Akkawi detailed how the startup found its SoHo office.Sami AkkawiSami Akkawi's startup began in his cofounder's apartment lounge.In one year, Petra Labs jumped to another apartment lounge, a San Francisco VC office, and a WeWork.The startup ultimately landed in a SoHo office space.This as-told-to essay is based on a conversation with Sami Akkawi, the 26-year-old cofounder of Petra Labs. He lives in New York. It's been edited for length and clarity.I used to work through
  
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• This tech CEO said he wants the 'D+ version' of employee ideas. Read his AI writing memo.

  07-09-2026 11:55 via businessinsider.com
  
  Spellbook CEO Scott Stevenson wants to see the "D+ version" of employees' ideas before they turn to AI.Alex Broadway/Web Summit via Sportsfile via Getty ImagesSpellbook's CEO says AI can make employees' ideas look more polished than their thinking.The AI company's new policy limits how workers can use AI to write project proposals.Stevenson would rather see a few rough bullets: "I want the D+ version of your plan."Scott Stevenson doesn't want every employee's idea to get an AI glow-up.The cofoun
  
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• I was sick of sending traditional applications. This is the email that finally got me hired.

  07-09-2026 11:46 via businessinsider.com
  
  Judy Zeng sent a cold outreach email to a CEO and ended up getting a job as a result.Judy ZengJudy Zeng sent a cold email to the CEO of EO studios. It resulted in an internship offer.She suggests doing research on LinkedIn to learn more about a CEO's philosophy before reaching out.Zeng said luck plays a role in success, and whether the company is open to non-traditional hiring.This as-told-to essay is based on a conversation with Judy Zeng, a 22-year-old business development intern at global med
  
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• Most national retailers close on 2 holidays. Costco shuts down for 7.

  07-09-2026 11:41 via businessinsider.com
  
  Costco's holiday closing dates are posted at the front entrance of a Costco warehouse.Dominick Reuter/Business InsiderNo Costco for you on Labor Day - the warehouse has long closed US stores on seven holidays each year.The retailer's former CFO Richard Galanti told Business Insider the cost was never a consideration."We never looked at the math," he said.If there's one thing Americans love to do with their free time, it's shop.Retailers often treat their customers' days off as an occasion to run
  
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• 10 high-paying, fast-growing jobs that are at the forefront of the AI revolution

  07-09-2026 11:30 via businessinsider.com
  
  Employment for software developers is projected to increase by about 175,000 between 2025 and 2035.Maskot/Getty ImagesThe Bureau of Labor Statistics classified 206 jobs with very high relative exposure to AI.Over 100 of them earned a median pay of at least $75,000 last year, and most are projected to grow.Software developers and management analysts are high-paying, booming jobs with very high exposure.How software developers work has already been transformed by the AI revolution, and they're not
  
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• Automakers are betting on a different kind of electric car. Meet the EREV.

  07-09-2026 11:27 via businessinsider.com
  
  The big new "it" engine is an EREV. Will it outperform the PHEV?Scout Motors/Hyundai Motors/Business InsiderNew EREVs are coming to the market.They're a new generation of electric vehicles that come with an onboard gas generator.EREVs get EV performance and gas-car range — but will customers get confused and priced out?The next popular EV might come with a gas engine.Several car brands, including Hyundai, Genesis, Ram, Jeep, Ford, and Volkswagen-backed Scout Motors, have announced plans to
  
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• He noticed unusual stomach and back pain at 27. Months later, he learned he had testicular cancer.

  07-09-2026 11:13 via businessinsider.com
  
  Nate Shalom, 27, pictured with his girlfriend, started experiencing abdominal and back pain before he was diagnosed with stage 2 testicular cancer.Nate ShalomNate Shalom, 27, didn't know about rising cancer rates in young, healthy people.On a work trip, he happened to meet a woman whose 30-year-old son died from stage 4 colon cancer.Her story pushed him to get his symptoms checked out. He was diagnosed with testicular cancer.As for many healthy young people, cancer was not on Nate Shalom's radar
  
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• McDonald's sales growth has slowed. One franchisee says his stores are up double digits — and he credits these 3 things.

  07-09-2026 11:11 via businessinsider.com
  
  Robert Pyles bought his first McDonald's in 1998.Mike Kemp/In Pictures via Getty ImagesMcDonald's franchisee Robert Pyles says sales are growing at his seven restaurants in Milwaukee.McDonald's reported slowing US sales growth on its quarterly earnings call last month.Pyles, who has owned McDonald's since 1998, says these three things make his stores successful.This is an as-told-to essay based on a conversation with Robert Pyles, a pastor and McDonald's franchisee in Milwaukee. McDonald's repor
  
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• I took a 6-figure job at Amazon after stepping away from full-time entrepreneurship. A chance meeting led me back to my business.

  07-09-2026 11:05 via businessinsider.com
  
  Seun Phillips.StemneticsSeun Phillips took a six-figure job at Amazon after stepping back from entrepreneurship.A chance meeting with a principal prompted Phillips to return to his business, Stemnetics, full time.He says Amazon's customer obsession and frugality still guide his work.This as-told-to essay is based on an interview with Seun Phillips, the 42-year-old founder of Stemnetics, who is based in Los Angeles. It has been edited for length and clarity.I was always interested in technology.
  
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• Inside the tiny Anthropic team designed to kill bad ideas fast and keep starting over

  07-09-2026 11:00 via businessinsider.com
  
  Anthropic's Code with Claude conference in May 2026.Don Feria/AP Content Services for AnthropicAnthropic's Labs team is an in-flux group of around 20 trying to make products at the AI frontier.Like Bell Labs or Google's X, the team prototypes new ideas and often pivots. It built Claude Code.Cofounder and Labs head Ben Mann spoke about the group's work as Anthropic prepares to go public.Inside Anthropic, an unorthodox group can take a lot of credit for the AI company's meteoric rise.The company's
  
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• How a succession battle over a beloved New England supermarket empire turned ugly

  07-09-2026 10:19 via businessinsider.com
  
  AP ImagesAs Artie T. Demoulas addressed a crowd of hundreds of workers on the lawn of the Market Basket headquarters, he sounded more like a left-wing union organizer than the centimillionaire CEO of a grocery empire."No one person is better or more important than another," Demoulas said, dropping his Rs in a New England accent, his brow slick in the August heat. "Whether it's a full-timer or a part-timer, a sacker or a cashier, a grocery clerk or a truck driver or a warehouse selectman, a store
  
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• The Flock backlash is coming for retail

  07-09-2026 10:11 via businessinsider.com
  
  Retail giants like Ulta Beauty and Lowe's are being called on to end their contracts with Flock Safety.David Paul Morris/Bloomberg via Getty ImagesFlock Safety has seen a nationwide backlash against its surveillance system technology.In response, some city governments have canceled their contracts with Flock.Consumers are now also calling out companies like Ulta and Lowe's, which have Flock contracts.City governments have felt the heat to drop their contracts with Flock Safety. Now, retail giant
  
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• How the AI and the hedge fund talent war pushed Man Group to reimagine its $156 billion quant empire

  07-09-2026 09:12 via businessinsider.com
  
  Russell Korgaonkar is Man Group's top quant.Man GroupMan Group merged its two quant businesses, AHL and Numeric, to create $156 billion Man Systematic.The merger was done as quant research and talent recruitment and development are changing.The leaders of the unit spoke to Business Insider about why they decided to combine two long-standing brands.Man Group — the $250 billion-plus asset manager whose roots date to a sugar brokerage founded in 1783— knows change can be hard.There are
  
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• Norah O'Donnell is going back to 'CBS Mornings.' Career experts say boomerangs come with baggage.

  07-09-2026 09:11 via businessinsider.com
  
  Norah O'Donnell is returning to "CBS Mornings" after seven years away as an evening show anchor.Dimitrios Kambouris/Getty ImagesNorah O'Donnell is returning to "CBS Mornings" after seven years away.Returnees are often brought back to revive a struggling project.Career experts advise that those returning to a former job treat the position as a brand-new one.Norah O'Donnell is returning to "CBS Mornings" seven years after leaving the program, and career experts say her comeback offers lessons for
  
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• China’s Nvidia challenger crashed 20% in a reality check for an AI darling

  07-09-2026 09:00 via businessinsider.com
  
  China AI chipmaker Moore Threads was founded by a former Nvidia executive.CFOTO/Future Publishing/Getty ImagesGPU maker Moore Threads plunged 20% after an IPO lockup expired, sharply increasing its tradable shares.The Nvidia challenger has been a standout in China's AI boom, peaking at over 8 times its IPO price.China's AI frenzy is still running hot as investors bet on soaring demand for homegrown chips.Moore Threads, one of China's highest-profile homegrown challengers to Nvidia, crashed 20% o
  
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• Why big voices in tech are so hyped about a central Asian country you probably haven't heard of

  07-09-2026 08:51 via businessinsider.com
  
  Tech's biggest leaders are talking about this Central Asian country.Thomas Trutschel/Photothek via Getty ImagesTech's biggest names are bullish on Kazakhstan as a tech capital.The country has seen investments from companies like Telegram and Binance.Kazakhstan is actively courting tech talent with visas and tax reforms.Astana is more than 6,000 miles from Silicon Valley, but some of tech's biggest names are bullish on the Kazakh capital.On Sunday, former Coinbase tech chief and Andreessen Horowi
  
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• An A16z partner says Silicon Valley’s fears of an AI 'permanent underclass’ is a ‘dark fantasy’

  07-09-2026 08:49 via businessinsider.com
  
  Anish Acharya said fears of a permanent underclass forming because of AI aren't rooted in reality.Bloomberg/Getty ImagesA16z partner Anish Acharya doesn't care much for the viral "permanent underclass" phrase.He said the AI tech boom is a lot less centralized than previous tech cycles, and more players stand to win.He called the phrase a "funny dark fantasy."An Andreessen Horowitz partner isn't afraid that AI will create a "permanent underclass," and gave a reason why you shouldn't be, either.In
  
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• Serena Williams says her first training-day meal comes later than people might expect

  07-09-2026 06:55 via businessinsider.com
  
  Serena Williams shared a look at the routine that helps fuel her busy days.Robert Prange/Getty ImagesSerena Williams said her first meal of the day comes later than many people might expect.At dinner, Williams has a different priority — and it has nothing to do with fitness.Starting the day with food can be beneficial, but the right approach depends on the individual.Serena Williams, 44, said she doesn't start her training days with breakfast."I'm not really a breakfast person, so my first
  
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• I moved from Peru to the US at 17 on a tennis scholarship. 8 years later, an H-1B layoff sent me home.

  07-09-2026 01:48 via businessinsider.com
  
  Luciana Pereyra, now 25, moved to the US at 17 on a tennis scholarshipProvided by Luciana PereyraLuciana Pereyra moved to the US from Peru at 17 on a tennis scholarship for her undergraduate and MBA degrees.Even after building a life in Columbus, the uncertainty of working on an H-1B visa made it hard to fully relax.Earlier this year, at 25, she lost her job, returned to Peru, and began rebuilding her career.This as-told-to essay is based on a conversation with Luciana Pereyra, a 25-year-old Per
  
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• Amazon Prime Air cargo plane overshoots runway and crashes in Miami, killing at least 5 people

  07-09-2026 01:21 via businessinsider.com
  
  An Amazon Prime plane overshot the runway at Miami International Airport and crashed on Sunday.Marco Bello/REUTERSAn Amazon Prime Air cargo plane overshot a runway at Miami International Airport on Sunday.The Boeing 767 had flown from San Juan, Puerto Rico, the FAA said.At least five people were killed in the crash, authorities said.At least five people were killed, and five more injured, authorities said, after an Amazon Prime Air Boeing 767 cargo plane overshot the runway at Miami Internationa
  
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• The best Labor Day mattress sales, plus deals on bedding and sleep essentials

  06-09-2026 22:14 via businessinsider.com
  
  When you buy through our links, Business Insider may earn an affiliate commission. Learn moreJames Brains; Sarah Saril/Business InsiderIf your mattress has seen better days, Labor Day is a pretty good excuse to finally replace it. Brands are rolling out some of their biggest discounts on memory foam, hybrid, and cooling mattresses, with plenty of promos that can take a serious chunk off the usual price. I've rounded up the best Labor Day mattress sales to help you shop the cream of the crop.Whet
  
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