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It’s not been a good start to 2025 when it comes to major retailers shuttering locations. Since the end of last year, numerous companies have announced their intention to close swaths of their brick-and-mortar stores, including Party City, Big Lots, Walgreens, 7-Eleven, and Macy’s. Just this week, another retailer—Joann fabrics—announced it would be closing hundreds of locations, as well. And now, department store icon JCPenney has also announced it’s closing some locations. Here’s what to know: JCPenney has had a roller-coaster few years The iconic department store chain has faced several struggles in recent years, most notably from the fall of foot traffic …

When Meta launched its “AI Studio” feature for over two billion Instagram users in July 2024, the company promised a tool that would give anyone the ability to create their own AI characters “to make you laugh, generate memes, give travel advice, and so much more.” The company claimed the feature, which was built with Meta’s Llama 3.1 large language model, would be subject to policies and protections to “help ensure AIs are used responsibly.” But a Fast Company review of the technology found that these new characters can very easily become hyper-sexual personas that sometimes appear to be minors. Many of the AI characters that appear featured on Instagram’s home…

The wellness market is the biggest it has ever been, with a valuation of nearly $2 trillion, according to a McKinsey report. But somehow today’s workforce is more burnt-out than ever before. Research by the Boston Consulting Group shows that 48% of workers are exhausted from stress. The reason? Wellness works, but the way we are working doesn’t. After spending a decade on Wall Street, I can attest that high stress periods at work are inevitable. Unfortunately, anyone advocating for better “stress management” often receives an eye roll due to the misconception that it means avoiding stress altogether. When I learned that “stress management” is not about removing stress…

As the Super Bowl clock ticked just below three minutes left in the game, Eagles wide receivers A.J. Brown and DeVonta Smith picked up the giant Gatorade cooler, snuck behind head coach Nick Sirianni on the sideline, and hit him with the traditional shower celebration. It was probably one of the best ads of the Super Bowl, and it wasn’t even a commercial. And yet, it still told a story about how close the ties are between this brand and one of the most significant moments in sports. This year, Gatorade celebrates its 60th anniversary since Dr. James Cade first concocted his formula to keep the Florida Gators football team hydrated. Gatorade chief brand of…

Watch any Olympic event, and you’ll notice this universal ritual: The moment an athlete completes their performance, they turn to their coach for feedback. There’s no defensiveness—just a hunger to know how to improve. They understand that even the smallest adjustment could be the difference between standing on the podium or watching from the sidelines. For athletes, feedback is not criticism. It’s a tool for enhancement. This mindset isn’t confined to sports. High performers in every field—whether that’s business, academia, or the arts—share an insatiable appetite for actionable feedback. It’s their secret weapon for continual improvement. Why feedback fuel…

Many things irk people about the way modern companies operate. Workplace communication tools and so-called enterprise social media platforms are among the low-stakes but high-impact bugbears. Reading through the latest dull update from that guy in accounts who continually spams the work comms platform, or worrying about when and how to engage with a problematic post can cause plenty of stress. Having to keep up with colleagues on a workplace communication platform annoys many. But new research suggests the much-maligned tools might actually serve a purpose—and can benefit workers and the businesses they work for. Princeton University professor Manoel Horta Ribeiro…

Throughout Harvard Square, there are many bookshop brimming with the latest literary fiction and intellectual memoirs, patronized by scholarly types. But in January, a new bookshop popped up in the neighborhood that is nothing like the others. Lovestruck Books is a romance bookstore. It’s Instagrammable entrance is adorned with pink and purple flowers. There’s a coffee shop that transforms into a wine bar for evening events. Besides an enormous selection of romance novels, you can also purchase sex toys and tote bags emblazoned with “I read smut.” “We want to toe the lie a little bit with being provocative and edgy,” says Rachel Kanter, the store’s founder. “But the …

This jacket grows on trees. Vollebak, a London-based experimental clothing lab, has released a prototype garment made out of timber panels overlaid on a fabric interior. The long-sleeve hooded men’s Wooden Jacket is a feat of fashion design, turning a stiff material into pliable and stylish outerwear. Once it becomes available, the jacket will sell for $3,295. For now, there’s a waiting list “while we grow them,” Vollebak says. [Photo: Sun Lee/Vollebak] The jacket is par for the course for Vollebak, which experiments with sustainable materials to make its unlikely apparel. The company has also designed an antiviral jacket made from copper, a decomposable ho…

Eric Migicovsky has barely started working on a successor to the Pebble smartwatch, and he’s already talking about being finished with it. Eight years ago, Migicovsky shut down the smartwatch startup he founded, having sold its software assets to Fitbit, which later became part of Google. But all this time, he and thousands of Pebble die-hards have continued to wear their watches, aided in part by a community that’s kept Pebble’s app store and core services alive. Last month, Migicovsky persuaded Google to make Pebble’s software open source, and now he’s started a company to build new watches. (They won’t be called Pebbles, though, since Google still owns the name.) While…

During the Great Resignation, employers offered signing bonuses at unprecedented rates and, while the labor market has since cooled, the cash incentive remains popular, especially among in-person roles. According to a recent study by Indeed’s Hiring Lab, the one-time bonus was included in less than 2% of job postings on the platform before the pandemic, and skyrocketed to a peak of 5.6% in September of 2022. Though the labor market is largely back to pre-pandemic norms, signing bonus offers remain nearly twice as common as they were in 2019, and are now attached to 3.7% of U.S. job postings. “In the last couple years, the trend line has actually diverged,” ex…

When workers repaved part of Interstate 94 near Minneapolis last fall, it looked like they were pouring ordinary concrete. But instead the highway was the first to use a new, near-zero-emissions material. It’s one of a series of large projects to use material from C-Crete, a Bay Area-based startup. Shortly, the highway was repaved, and the company poured slabs and foundations at San Francisco International Airport. Earlier in the summer, it also poured a floor slab in a super-tall skyscraper under construction in Manhattan, the future headquarters of JPMorgan Chase. Other projects are underway now. [Photo: courtesy C-Crete Technologies] Producing cement, the gl…

Super Bowl ad spots range from just 15 to 60 seconds, but their impact lives on through social media for the days, weeks, and sometimes even years that follow. Although around 50 brands bought broadcast time, less than a week later, only a handful are still being talked about. So how can brands best transform their (very expensive) ads from momentary entertainment to long-lasting conversation pieces? Data from Metricool, a social media analytics tool, shows that the Super Bowl ads with the largest reach and impact are ones that use social media to turn their seconds-long time slot into an all-encompassing experience. “Brands should focus on full-scope coverage, r…

Chili’s is celebrating National Margarita Day this month with a new romcom Lifetime holiday movie. The casual-dining restaurant chain and cable network will debut a 15-minute TV short film, called I’ll Be Home For National Margarita Day, first airing on Lifetime on February 19 and available on Lifetime.com, YouTube, and social platforms. Starring actors Maria Menounos and Taye Diggs, the new flick hits on all the classic Lifetime tropes, including a big-city-dwelling woman returning to her hometown to reconnect with an old flame, who happens to be a bartender at Chili’s. The reunited lovers must work together to save a small town’s National Margarita Day celebrati…

The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual membership dues for access to peer learning and thought leadership opportunities, events and more. Over the past decade, the rising cost of insulin epitomized the broader systemic issue of higher healthcare out-of-pocket costs that prevented many Americans from accessing essential care. People with diabetes, who rely on insulin to maintain their health, were routinely priced out of accessing their medications—forced to choose between filling their prescriptions or paying othe…

The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual membership dues for access to peer learning and thought leadership opportunities, events and more. When I was a college student renting an apartment in New York City, I learned firsthand that the rental process was overly complex and inefficient. My friends and I lost out on an apartment we really wanted simply because we couldn’t gather the necessary documentation fast enough. That experience stuck with me, and it sparked an idea—why not electronically store all of the d…

The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual membership dues for access to peer learning and thought leadership opportunities, events and more. As the number of internet of things (IoT) devices is projected to reach 40 billion by 2030, IoT integration into our daily lives is undeniable. From smart homes to industrial systems, IoT devices offer unprecedented convenience and efficiency. Netgear’s 2024 IoT Security Landscape report found that IoT devices, including TV sets, smart plugs, routers, and more face frequent atta…

If your social media suitor seems too good to be true, it might be a scam. Facebook and Instagram parent company Meta Platforms is urging users to stay vigilant about “romance scams” ahead of Valentine’s Day, warning of unsolicited messages through its apps and other social media platforms, as well as general text messages. Scammers tend to pose as “attractive, single and successful individuals,” Meta says. They often claim to have military, medical or business backgrounds, with photos either stolen from real people’s accounts or generated through artificial intelligence. Initially, messages are sent to a large pool of people in the hopes of getting a response. A …

Shares of Super Micro Computer, Inc. (Nasdaq: SMCI) surged 12% Wednesday in early morning premarket trading after it forecast strong revenue gains for 2026 and updated investors on plans to remain on the Nasdaq exchange. SMCI was up over 3% in afternoon trading. On Tuesday, the AI server maker said it now “believes it will make” the U.S. Securities and Exchange Commission (SEC) February 25 deadline to submit its delayed 10-K filings, thereby avoiding delisting from the Nasdaq. It also expects to file its 10-Q quarterly report ending in September by that date. Super Micro president and CEO Charles Liang projected revenue of $40 billion for fiscal 2026, lowering e…

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it seeks to cut costs, simplify its business, and complete a major acquisition. The No. 2 U.S. oil producer has faced production challenges including cost overruns and delays in a large Kazakhstan oilfield project. Its $53-billion deal to acquire oil producer Hess and gain a foothold in Guyana’s lucrative oilfield is in limbo due to a court battle with larger rival Exxon Mobil, which has more aggressively expanded its own production. Chevron also faces industry-wide weakness in the refining business and the expectation that oil prices could be unde…

The New York Stock Exchange announced on Wednesday it will launch an exchange in Texas, increasing competition among listing venues in the state. Several high-profile firms, including Elon Musk’s Tesla and SpaceX, have relocated their headquarters to Texas, attracted by the state’s perceived favorable legal and regulatory environment. The Texas Stock Exchange, a new venture backed by financial giants including BlackRock, Citadel Securities and Charles Schwab, is targeting a 2026 launch after submitting paperwork late last month to operate as a national securities exchange. The New York Stock Exchange and the Nasdaq have dominated the lucrative U.S. listings market…

What if the Playboy Mansion was filled with OnlyFans content creators? That’s the pitch for the Bop House, a TikTok page that has gained nearly three million followers since its launch in December. Founded by Sophie Rain, 20, and Aishah Sofey, 22, the house is home to eight creators aged 19 to 24, who collectively boast over 33 million followers. Their TikTok presence leans into viral, algorithm-friendly content like flying private to the Super Bowl and reviewing popular cookie brand Crumbl. But their real revenue stream comes from OnlyFans. The Bop House claims to have generated $10 million in revenue in its first month. “It’s just like a little girl group that …