Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2025-07-14 15:14:30| Fast Company

Starbucks has been in a bit of a slump, facing stagnant growth as it awaits its new CEO Brian Niccols turnaround. His strategy? Nicer stores you want to sit in. Protein-loaded coffee. And now . . . turning every day at Starbucks into a viral drop. The company is launching a secret menu in its app today, building off the momentum of its not-so-secret menu broadcast channel on Instagram. Secret menus, of course, are irresistible to the fleshy consumer brain. A mystery and treat in one! But in the case of Starbucks, its part of a brilliant promotional strategy by its new chief brand officer Tressie Lieberman. How will Starbuckss Secret Menu work? The menu will contain rotating offers for drinks. But instead of being born inside its Seattle headquarters coffee lab, these drinks are created by fans on social media who use Starbuckss customization options to create particularly alluring beverages.  Thats what people do today: create their own Starbucks order, says Lieberman. And so how do we tap into that? Indeed, customization is a big part of Starbuckss appeal; you can order a drink just as you like it. But its menu has become so sprawling and complicated for baristas to produce that Niccol has actually cut it back by nearly a third to simplify production. Whats brilliant about the Starbucks Secret Menuwhich is launching with a $25,000 prize to stoke interestis twofold: Instead of creating a TikTok trend, it can simply ride a TikTok trend, since people are already promoting their own custom drinks on the service. But the second component is just as important for a company with tens of thousands of locations worldwide. These glitzy, viral drinks are being made with the ingredients Starbucks already has lying around. In other words, its all turnkey. Starbucks doesnt need to spin up a whole production supply chain to sell the equivalent of a McRib. It can just rearrange its food stuffs to make something novel, a lot like Taco Bell combines its shells and sauces to make something newbut crowdsourced. This strategy is a far cry from how Starbucks used to look at viral creations: as operational headaches that were at odds with its own business model. Instead, Starbucks can analyze a viral menu item, decide if it needs to be tweaked for scale, and then share it back with its audience in a way that can work. Some of the best ideas are coming from customers. Customers decide what’s in; customers decide what’s cool, says Lieberman. [With the Secret Menu] We’re really just working to help put media behind [fans] and get more reach around new ideas. It’s a lot about being visible, visible to our audience, and being really strategic about how we approach these different trends as well, says Lieberman. She points to a recent viral drink called the Gummy Shark, where TikTokers took the Summer Berry Refresher and added cold foam so it would taste like the popular candy, as a recent proof point of this strategy. That’s a gift from our customers, says Lieberman. Let’s jump on that. Let’s create content around it and celebrate it, instead of moving away from it. In other words, with its new Secret Menu, Starbucks is building a workflow so that they dont need to come up with their next hit, while ensuring that you can taste the wild thing youre gawking at online easily. (Its new point-of-sale terminals will even be getting a viral drinks tab so that if you walk into a store without your phone, you can order off this menu as well.) The only question remaining is, can a secret menu stay cool when it’s available to millions of customers? Anyone who’s ordered a speak-easy-inspired Neapolitan shake or animal style fries from In-N-Out knows . . . the answer is a sad and true, “absolutely yes.”


Category: E-Commerce

 

LATEST NEWS

2025-07-14 14:57:32| Fast Company

Senate Republicans will test the popularity of Department of Government Efficiency spending cuts this week by aiming to pass President Donald Trump’s request to claw back $9.4 billion in public media and foreign aid spending.Senate Democrats are trying to kill the measure but need a few Republicans uncomfortable with the president’s effort to join them.Trump’s Republican administration is employing a rarely used tool that allows the president to transmit a request to cancel previously approved funding authority. The request triggers a 45-day clock under which the funds are frozen. If Congress fails to act within that period, then the spending stands. That clock expires Friday.The House has already approved Trump’s request on a mostly party line 214-212 vote. The Senate has little time to spare to beat the deadline for the president’s signature. Another House vote will be needed if senators amend the legislation, adding more uncertainty to the outcome.Here’s a closer look at this week’s debate. Public media on the chopping block Trump has asked lawmakers to rescind nearly $1.1 billion from the Corporation for Public Broadcasting, which represents the full amount it’s due to receive during the next two budget years.The White House says the public media system is politically biased and an unnecessary expense.The corporation distributes more than two-thirds of the money to more than 1,500 locally operated public television and radio stations, with much of the remainder assigned to National Public Radio and the Public Broadcasting System to support national programming.The potential fallout from the cuts for local pubic media stations has generated concerns on both sides of the political aisle.Sen. Mike Rounds, R-S.D., said he’s worried about how the rescissions will hit radio stations that broadcast to Native Americans in his state. He said the vast majority of their funding comes from the federal government.“They’re not political in nature,” Rounds said of the stations. “It’s the only way of really communicating in the very rural areas of our state, and a lot of other states as well.”Sen. Lisa Murkowski, R-Ala., said that for the tribal radio stations in her state, “almost to a number, they’re saying that they will go under if public broadcasting funds are no longer available to them.”To justify the spending cuts, the Trump administration and Republican lawmakers have cited certain activities they disagree with to portray a wide range of a program’s funding as wasteful. In recent testimony, Office of Management and Budget Director Russ Vought criticized programming aimed at fostering diversity, equity, and inclusion. He said NPR aired a 2022 program entitled “What ‘Queer Ducks’ can teach teenagers about sexuality in the animal kingdom.” He also cited a special town hall that CNN held in 2020 with “Sesame Street” about combatting racism. Targeting humanitarian aid As part of the package, Trump has asked lawmakers to rescind about $8.3 billion in foreign aid programs that aim to fight famine and disease and promote global stability.Among the targets: $900 million to combat HIV/AIDS, malaria and other diseases and strengthen detections systems to prevent wider epidemics. $800 million for a program that provides emergency shelter, water and sanitation and family reunification for those forced to flee their own country. $4.15 billion for two programs designed to boost the economies and democratic institutions in developing and strategically important countries. $496 million to provide humanitarian assistance such as food, water and health care for countries hit by natural disasters and conflicts.Some of the health cuts are aimed at a program known as PEPFAR, which President George W. Bush, a Republican, began to combat HIV/AIDS in developing countries. The program is credited with saving 26 million lives and has broad bipartisan support.On PEPFAR, Vought told senators “these cuts are surgical and specifically preserve life-saving assistance.” But many lawmakers are wary, saying they’ve seen no details about where specifically the administration will cut.The administration also said some cuts, such as eliminating funding for UNICEF, would encourage international organizations to be more efficient and seek contributions from other nations, “putting American taxpayers first.”U.S. leaders have often argued that aiding other nations through “soft power” is not just the right thing to do but also the smart thing.Sen. Mitch McConnell, R-Ky., told Vought there is “plenty of absolute nonsense masquerading as American aid that shouldn’t receive another bit of taxpayer funding,” but he called the administration’s attempt to root it out “unnecessarily chaotic.”“In critical corners of the globe, instead of creating efficiencies, you’ve created vacuums for adversaries like China to fill,” McConnell told Vought. Trump weighs in The president has issued a warning on his social media site directly aimed at individual Senate Republicans who may be considering voting against the cuts.He said it was important that all Republicans adhere to the bill and in particular defund the Corporation for Public Broadcasting.“Any Republican that votes to allow this monstrosity to continue broadcasting will not have my support or Endorsement,” he said.For individual Republicans seeking reelection, the prospect of Trump working to defeat them is reason for pause and could be a sign the package is teetering.Sen. Thom Tillis, R-N.C., opted to announce he would not seek reelection recently after the president called for a primary challenger to the senator when he voted not to advance Trump’s massive tax and spending cut bill. Getting around a filibuster Spending bills before the 100-member Senate almost always need some bipartisan buy-in to pass. That’s because the bills need 60 votes to overcome a filibuster and advance. But this week’s effort is different.Congress set up a process back when Republican Richard Nixon was president for speedily considering a request to claw back previously approved spending authority. Under those procedures, it takes only a simple Senate majority to advance the president’s request to a final vote.It’s a rarely employed maneuver. In 1992, President George H.W. Bush, a Republican, had some success with his rescissions request, though the final bill included some cuts requested by the president and many that were not. Trump proposed 38 rescissions in 2018, but the package stalled in the Senate.If senators vote to take up the bill, it sets up the potential for 10 hours of debate plus votes on scores of potentially thorny amendments in what is known as a vote-a-rama.Democrats see the president’s request as an effort to erode the Senate filibuster. They warn it’s absurd to expect them to work with GOP lawmakers on bipartisan spending measures if Republicans turn around a few months later and use their majority o cut the parts they don’t like.Senate Democratic leader Chuck Schumer offered a stern warning in a letter to colleagues: “How Republicans answer this question on rescissions and other forthcoming issues will have grave implications for the Congress, the very role of the legislative branch, and, more importantly, our country,” Schumer said.Senate Majority Leader John Thune, R-S.D., took note of the warning.“I was disappointed to see the Democrat leader in his recent Dear Colleague letter implicitly threaten to shut down the government,” Thune said.The Trump administration is likening the first rescissions package to a test case and says more could be on the way if Congress goes along. Kevin Freking, Associated Press


Category: E-Commerce

 

2025-07-14 14:25:00| Fast Company

The Food and Drug Administration (FDA) has published two recent mushroom-related recall notices due to potential Listeria illness concerns. Several mushroom products distributed in New York, Michigan, and Ohio have been recalled after routine testing found the presence of Listeria monocytogenes, a bacteria that can spread to and from food and can cause serious and fatal infections. While Listeria infections are rare, pregnant individuals, newborns, adults 65 and above, and those with weakened immune systems are most at risk.  Consumers who have purchased these products should return them for a refund.  Here’s more information on the recalled products:  Multiple mushroom products recalled by Wiet Peeters Farm Products Limited On July 10, Canadian company Wiet Peeters Farm Products Limited, which is based in Charing Cross, Ontario, issued a recall for the following products due to their potential to be contaminated with Listeria monocytogenes:  Aunt Mid’s Fresh Sliced Mushrooms (227g flat blue packaging with UPC 0 33383 676005 and best before date of 25JL04) Peeters Mushroom Farm Cremini Sliced (flat black plastic packaging with UPC 0 68414 96960 3 and best before date of 25JL04)  Peeters Mushroom Farm Thick Slice Mushrooms (10 lb. cardboard box)   The products were distributed in Ohio and Michigan. Testing done by the Canadian Food Inspection revealed the presence of Listeria monocytogenes in 227g packages of Fresh Sliced Mushrooms. The other mushrooms were manufactured on the same line. The FDA published the recall information on July 11. If you have purchased any of the above products, you should return them to the retailer for a full refund.  If you have any questions, you can contact Wiet Peeters Farm Products Limited by calling 1-519-351-1945 or 1-800-364-1305. LLK Trading issues recall for ‘needle nushrooms’ On July 11, LLK Trading Inc., based in Linden, New Jersey, recalled its 200g packages of “needle mushrooms” due to their potential to be contaminated with Listeria monocytogenes.  The mushrooms come in a 200g blue package with a clear plastic top. The products were distributed to Bally Produce Corp in Maspeth, New York, and were sold to DA TANG Supermarket in Middletown, New York.   Routine testing done by the FDA found the presence of Listeria monocytogenes. If you have purchased this product, you should return it to the retailer for a full refund. If you have any questions, you can contact LLK Trading Inc. by calling 908-290-3061. As of this date, no illnesses have been reported for either of these recalls.


Category: E-Commerce

 

Latest from this category

14.07Housing market watch: Would taking Freddie Mac and Fannie Mae public drive up mortgage rates in 2026?
14.07Antipasto-gate: How a $40 salad sparked viral small-town drama on TikTok
14.07Metas massive data center bet is a direct challenge to OpenAI and Alphabet
14.07Why this cringe Gen Z quirk has TikTok divided
14.07Zuckerberg announces Metas new AI data centers for superintelligence
14.07Why Walmart just pulled 850,000 water bottles off the shelves
14.07EU trade ministers call Trumps 30% tariffs absolutely unacceptable
14.07What happened at Sun Valley 2025?A roundup of the biggest news and deals
E-Commerce »

All news

14.07Mid-Day Market Internals
14.07Tomorrow's Earnings/Economic Releases of Note; Market Movers
14.07Bull Radar
14.07Bear Radar
14.07HUD Chicago office taking on more public housing authority oversight as staff dwindles regionally, nationally
14.07This Minnesota recycled aluminum plant will help stem tariff costs
14.07Trump threatens Russia with tariffs while unveiling new Ukraine weapons plan
14.07Housing market watch: Would taking Freddie Mac and Fannie Mae public drive up mortgage rates in 2026?
More »
Privacy policy . Copyright . Contact form .