Target's 'Dealworthy' Brand, A Credit Card Competition Act Is Proposed, WaWa's Expansion Plan, and Krispy Kreme's Growth Strategy
Feb 16, 2024•5 min•Season 1Ep. 66
Episode description
Stay informed with today's top stories in retail:
- Target's 'Dealworthy' Brand Launch: Target introduces its latest owned brand, dealworthy, offering nearly 400 everyday basics at affordable prices.
- Credit Card Competition Act Proposal: Senators Durbin and Marshall propose the Credit Card Competition Act to challenge the dominance of major payment networks like Visa and Mastercard, but critics warn of potential negative consequences.
- WaWa's Expansion Plan: The Wood family, with a 53% stake in WaWa convenience stores, worth $6 billion, announces an ambitious expansion plan, with a goal of opening up to 280 new stores over the next decade.
- Krispy Kreme's Growth Strategy: Krispy Kreme eyes expansion of its doughnut sales in more McDonald's locations across the U.S., and is actively working to increase production capacity and broaden its reach through various channels.
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