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  1. It’s fair to say that Minneapolis-based Target is going through a rough patch as a result of declining sales and customers. After facing boycotts, tariffs, and a massive surge of federal U.S. Immigration and Customs Enforcement (ICE) operations in its hometown, Target, long overdue for a big change, made one this weekend—appointing a new CEO. Michael Fiddelke, who began his career at Target more than two decades ago, officially took over as chief executive officer on Sunday. He was previously Target’s chief operating officer and its former chief financial officer. (Last summer, the retailer announced he’d be succeeding longtime CEO Brian Cornell.) “While we have r…

  2. When we return to work after the holidays, we tend to bring renewed energy, a laundry list of annual goals, and a few aspirational New Year’s resolutions. This is the year you’re going to run the marathon. Though we arrive ready to hit the ground running, actual business momentum might tell a different story. I call it the Q1 paradox. We’re prepared for a flurry of activity, but in reality, we experience a slower cadence. With GDP growth typically slower in Q1, consumer and business spending may lag. Demands feel less urgent. Phones are quieter. As CEO of Jotform, I’ve found that the first quarter is the perfect time to lay the groundwork for the year’s success.…

  3. Since 1920, the outdoor recreation brand Eddie Bauer has pioneered innovative apparel and sports gear designs for outdoorsmen in America. Now, in another blow for physical retailers, sources say that all of the brand’s North American stores are on the chopping block amid an impending bankruptcy filing. According to a person close to the matter, the company that owns the license to operate Eddie Bauer stores in both the U.S. and Canada, Catalyst Brands, is gearing up for a Chapter 11 bankruptcy filing that could potentially shutter all of the brand’s North American stores. The bankruptcy would be limited to the entity that operates the stores, the person said. …

  4. In the early 20th century, sociologist Max Weber noted that sweeping industrialization would transform how societies worked. As small, informal operations gave way to large, complex organizations with clearly defined roles and responsibilities, leaders would need to rely less on tradition and charisma, and more on organization and rationality. He also foresaw that jobs would need to be broken down into specialized tasks and governed by a system of hierarchy, authority, and responsibility. This would require a more formal mode of organization—a bureaucracy—in which roles and responsibilities were clearly defined. Power would be entrusted to institutions, not individual…

  5. Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Back in 2023, this single-family home at 19374 Rizzuto St. in Venice, FL (34293 ZIP Code) was purchased for $565,000. By the time the transaction closed, the housing market had already begun to enter a period of cyclical cooling—with Florida seeing a sharper power swing to buyers and some pockets of Southwest Florida moving into what ResiClub considers “correction mode.” By February 2025, the homeowner listed the property above for sale at $519,000. After 4 subsequent price cuts and a brief delisting, the home finally sold in December 2025 for $455,0…

  6. An outbreak of Nipah virus outbreak in India is currently causing alarm for health officials and travelers across a number of countries in Asia. On January 26, health officials from India notified the World Health Organization (WHO) of two laboratory-confirmed cases of Nipah virus (NiV) infection in West Bengal State. No additional NiV cases have been detected. Following news of the outbreak, authorities in some Asian countries, including Hong Kong, Thailand, Malaysia, and Singapore, have ramped up airport health screening efforts. However, according to Reuters, the screenings are more for “reassurance” than a tactic to stop the spread. The WHO says risk …

  7. Biographies of exceptional achievers tend to explain their success through personality traits, highlighting the “killer psychological weapons” that made them great. So, Steve Jobs’s abrasiveness is reframed as visionary perfectionism, Elon Musk’s impulsivity as bold risk-taking, and Jeff Bezos’s relentlessness as uncompromising customer obsession. The same retrospective alchemy applies to women: Oprah Winfrey’s emotional intensity becomes radical empathy and authenticity; Indra Nooyi’s discipline and conscientiousness are recast as values-driven, long-term strategic leadership; and Diane Hendricks’s toughness and impatience with incompetence are celebrated as decisive exe…

  8. “The goal is to become disgustingly educated,” dozens of videos have proclaimed across social media over the new year. On platforms like TikTok and Instagram, instead of sharing clothing hauls or skincare routines, creators are sharing their book stacks or media diets promising to make their viewers “disgustingly educated” in a matter of minutes. For further optimization potential, take note of these brain hacks to improve memory (so that your time cracking open Plato’s Republic won’t go to waste). While this trend that champions being erudite is marketed as an antidote to braintrot content, its origins on the internet date back as far back as 2022: “I have two a…

  9. Over the past two decades, the concept of mindfulness has become hugely popular around the world. An increasingly ubiquitous part of society, it’s taught everywhere from workplaces and schools to sports programs and the military. On social media, television, and wellness apps, mindfulness is often shown as one simple thing—staying calm and paying attention to the moment. Large companies like Google use mindfulness programs to help employees stay focused and less stressed. Hospitals use it to help people manage pain and improve mental health. Millions of people now use mindfulness apps that promise everything from lowering stress to sleeping better. But as a pr…

  10. Every company wants to be innovative. Most approach this by trying to hire highly creative specialists or by spinning up a new “innovation” team. But companies that consistently innovate do something different: They build company-wide systems focused on customer solutions and make innovation part of everyday business. Smart organizations focus on building reliable processes to understand customers, test assumptions, and scale what works. In my experience at Verra Mobility, the difference between companies that talk about innovation and companies that deliver it often comes down to a repeatable process that drives creativity. QUESTION EVERYTHING YOU “KNOW” The b…

  11. Short staffing and the transition from paper checks to digital refunds are among the biggest challenges facing the Internal Revenue Service (IRS) this tax season. That’s according to the National Taxpayer Advocate’s expansive Annual Report to Congress, the latest version of which was recently posted online. The annual report aims to “help Congress strengthen taxpayer rights, reduce taxpayer burden, and improve IRS performance.” The Taxpayer Advocate Service, or TAS, is an independent office within the IRS that’s meant to look after the interests of taxpayers. Erin M. Collins, who submitted and signed off on the latest report, has served as the National Taxpayer A…

  12. Saks Global, owner of luxury retail chains Saks 5th Avenue and Neiman Marcus, has announced the closure of most of its discount outlet stores, Saks Off 5th and Last Call. The store closures come weeks after Saks Global announced that it was filing for Chapter 11 bankruptcy protection. Here’s what you need to know about the store closures, including a full list of the locations being shuttered. What’s happened? Yesterday, Saks Global said it would close a majority of its discount outlet stores. While Sak Global is best known for its high-end luxury department store chains, Saks 5th Avenue and Neiman Marcus, the company owns several other retailers, including Be…

  13. Imagine that you pull up to a skyscraper in Midtown Manhattan. You step out of the car and walk into the lobby, where the staff greets you by name and ushers you to an elevator. Upstairs, another staff member brings you coffee just the way you like it, minutes after you arrive. A barber is on hand to give you a fresh shave before an important Zoom call, and afterwards, you drop by a caviar tasting that’s happening in the shared lounge. Amid an interior of travertine, green marble, and glass, a dedicated hospitality team and concierge service wants to make sure clients don’t waste time with the “little frictions” of everyday life. This “sanctuary” might sound like one …





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