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Sasha Rogelberg

Sasha Rogelberg

Fortune

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The new quiet luxury is burgers and fries: Over 60% of Americans are buying less fast food because it’s just too expensive, survey finds

“We're in this inflationary mental cycle as much as we are an inflationary reality cycle,” Columbia professor Stephen Zagor tells Fortune.

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Fortune

Sasha Rogelberg

The rise of Bruce Nordstrom, who once swept the floors of his grandfather’s shoe stores for 25 cents an hour—and climbed the ranks to build a multibillion-dollar retail empire

The former Nordstrom president, who led the company for over 40 years, died on Saturday at age 90.

yesterday 10

Fortune

Sasha Rogelberg

Nestlé is rolling out a new food brand just for Ozempic and Wegovy users

The company says its Vital Pursuit line, priced under $5, is high in protein and vitamins, addressing nutrient deficiencies that Ozempic and Wegovy...

previous day 10

Fortune

Sasha Rogelberg

How one company justified a million-dollar logo redesign inspired by the Mona Lisa—and moved just two wavy lines: ‘Surely this is satire’

15 years later, soda fans still balk at the design plans comparing the logo to Renaissance art and Pythagorean geometry.

19.05.2024 30

Fortune

Sasha Rogelberg

Walmart is nabbing Target’s ‘Tar-jay’ rep and Amazon’s delivery crowd as even the wealthy flock to the retail giant

The retailer’s blockbuster earnings are mostly thanks to its focus on groceries and e-commerce.

16.05.2024 20

Fortune

Sasha Rogelberg

Converse layoffs are the latest casualties of Nike’s $2 billion do-or-die plan to get back on its feet

The Oregon-based shoe company said in December it would lay off 2% of its workforce over three years.

16.05.2024 50

Fortune

Sasha Rogelberg

Airlines sue U.S. Transportation Department over fee disclosure mandate

The lawsuit comes two weeks after the Department of Transportation finalized a mandate requiring airlines to quickly refund canceled flights and...

15.05.2024 70

Fortune

Sasha Rogelberg

McDonald's may be willing to lose money on $5 meal deals if it means winning back disgruntled cash-strapped customers

CEO Chris Kempczinski has put a recent emphasis on affordability as low-income diners turn away from the golden arches.

14.05.2024 30

Fortune

Sasha Rogelberg

Sweetgreen beats ‘sad desk salad’ vibes to soar above fast-food competitors. It can thank fancy foods, high prices—and robots

The salad chain's robot-enhanced locations are significantly more profitable than the company average.

13.05.2024 10

Fortune

Sasha Rogelberg

Meet the 81-year-old CEO who built a $10.4 billion luxury cruise line tailored just for baby boomers: ‘They’re the richest group we have around’

Torstein Hagen, who founded Viking 27 years ago, said he owes the company’s success in part to its “cookie cutter” philosophy.

12.05.2024 70

Fortune

Sasha Rogelberg

Even after cramming its video game with Walmart ads and billboards, Roblox struggles to tap into the wallets of extremely online Gen Alpha

The gaming platform this week reported its lowest growth rate in gaming time in two years.

09.05.2024 20

Fortune

Sasha Rogelberg

Panera is ditching its Charged Lemonade after 2 customers died—but Gen Z is still thirsting for dangerous snacks and drinks

A 30-ounce Charged Lemonade reportedly contained 390 milligrams of caffeine, the equivalent of about five Red Bulls.

08.05.2024 30

Fortune

Sasha Rogelberg

Boeing is such a mess it plans to 'celebrate' its latest whistleblower—even though two just suddenly died

“It’s critical that every one of us speak up,” Boeing VP Scott Stocker told employees in a memo.

07.05.2024 60

Fortune

Sasha Rogelberg

Target treks off the beaten path amid sales slump—by selling its own-brand products at other retailers

The Minnesota-based retailer is expanding its partnership with Canadian department store Hudson’s Bay to sell its private-label children’s...

07.05.2024 40

Fortune

Sasha Rogelberg

E-commerce is witnessing the Amazon-ification of Shein, as the fast-fashion behemoth woos skincare and toy brands

Shein is hunting down a $90 billion valuation, IPO approval—and Amazon’s online retail stronghold.

05.05.2024 20

Fortune

Sasha Rogelberg

Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt hotels: ‘I don’t think they thought [about] what was going to happen post-pandemic’

Peloton has lost 90% of its value since the beginning of the pandemic, when the company soared to a $45 billion market cap.

02.05.2024 10

Fortune

Sasha Rogelberg

Coca-Cola only sold 1% more drinks last quarter, but it raised prices 13%. Its CEO said it has ‘the right strategies’ for sustained success

The beverage goliath is among several other snack and drink companies reaping the rewards of price hikes that far exceed inflation.

01.05.2024 40

Fortune

Sasha Rogelberg

The hottest Gen Alpha obsession right now? Using parents’ money for online shopping, report finds

The youngest generation, born between 2010 and today, Gen Alpha is projected to also be the largest generation in history with over 2 billion people.

30.04.2024 20

Fortune

Sasha Rogelberg

After MLB player grievances over see-through, sweat-drenched uniforms, Nike concedes to 2025 upgrades

In 2019, Nike and Fanatics struck a 10-year, $1 billion deal with MLB to produce the league’s uniforms.

29.04.2024 30

Fortune

Sasha Rogelberg

Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep losing value and can’t sell them fast enough

Three years ago, investing in a fleet of 100,000 is what helped the car rental company emerge from bankruptcy.

26.04.2024 20

Fortune

Sasha Rogelberg

After shrugging off a $355 million loss, Boeing slogs through fresh allegations it retaliated against workers

Two Boeing engineers said their poor—and identical—performance reviews were the company lashing out over their raised safety concerns.

25.04.2024 20

Fortune

Sasha Rogelberg

Ryanair CEO dishes advice to Boeing on managing its crises: ‘Never put a pilot in charge of an airline’

Ryanair and Boeing have shared a close and complicated relationship over the years, but the discount airline continues to lean heavily on the...

24.04.2024 20

Fortune

Sasha Rogelberg

Owners of Coach and Versace snap at FTC after it sues to block $8.5 billion merger

Tapestry and Capri will make the case they face extreme pressures from both mass market and true luxury brands, legal experts say.

24.04.2024 20

Fortune

Sasha Rogelberg

Finland—the world’s No. 1 coffee consumer—is turning to AI and lab-grown beans to energize the industry

A typical Finn consumes more than four cups of coffee per day, according to the International Coffee Organization.

23.04.2024 10

Fortune

Sasha Rogelberg

In a ‘Succession’-style move, even more of LVMH CEO Bernard Arnault’s kids are nabbing pivotal roles, while their Gen Z brother faces big test

Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young consumers.

22.04.2024 7

Fortune

Sasha Rogelberg

The NBA just issued its first gambling ban in 70 years, booting Jontay Porter for committing the league’s ‘cardinal sin’

The Toronto Reporters forward-center feigned sickness and injuries in order to control his own prop bets.

18.04.2024 10

Fortune

Sasha Rogelberg

Boeing whistleblower says he was told ‘frankly to shut up’

Boeing was basically “putting out defective airplanes,” quality engineer Sam Salehpour told a Senate subcommittee.

18.04.2024 20

Fortune

Sasha Rogelberg

Caitlin Clark is the hottest new WNBA player in a decade—but she’s making less per year than the average New York worker

The WNBA’s No. 1 draft pick makes $76,535 in her first year, over 137 times less than the NBA’s first pick’s salary of $10.5 million.

17.04.2024 10

Fortune

Sasha Rogelberg

Fashion giant Shein has been slapped with yet another lawsuit alleging copyright infringement, data scraping, and AI to steal art: 'It’s somewhat shocking that they’ve been able to get away with it'

Internet law and intellectual property lawyer Brett Lewis said Shein’s electronic monitoring system likely impacts thousands of independent online...

16.04.2024 30

Fortune

Sasha Rogelberg

The next AI winter could be caused by users’ trust issues—and ‘mindful friction’ can keep it from happening

The future of AI productivity will depend on human ability to incorporate effective checks and balances, said Paula Goldman, Salesforce’s chief...

15.04.2024 10

Fortune

Sasha Rogelberg

From rags to riches, Rent the Runway goes from penny stock to quadrupling share prices in days after doubling down on AI

The fashion e-commerce site’s AI search function introduced in June is the “biggest thing to happen to consumer-facing businesses” since the...

12.04.2024 20

Fortune

Sasha Rogelberg

Outsourcing founder explains why a Manhattan restaurant uses a staffing firm in the Philippines that pays cashiers a few dollars an hour: ‘The cost is admittedly cheaper than the U.S.’

Happy Cashier workers, who take orders via video chat, have been cropping up at local New York fast-food chains as early as October 2023.

12.04.2024 10

Fortune

Sasha Rogelberg

Nasdaq just gave former unicorn Allbirds a 6-month warning to raise its stock price or risk getting booted—experts say to look at its B Corp status

A top retail analyst said that the shoe company’s passion for creating eco-friendly products is “misaligned with the market,” making...

12.04.2024 8

Fortune

Sasha Rogelberg

For the first time since the pandemic, Americans prefer hybrid over remote work—and it’s not the free lunches driving the shift

A new Morning Consult survey found that 29% of employed Americans preferred hybrid work, up from 25% the year before.

09.04.2024 30

Fortune

Sasha Rogelberg

The future of fast-food service? Cashiers are Zooming in from the Philippines to take your order at a NY fried chicken joint

Fast-food businesses are turning to automation and outsourcing in order to save on labor costs and boost profit margins.

09.04.2024 30

Fortune

Sasha Rogelberg

California’s new $20 minimum wage could leave the state with higher unemployment for years to come, economist says

There are “obvious limits” to raising wages, says libertarian economist Scott Sumner: "Quite a few workers would not be profitable at $40 an...

06.04.2024 10

Fortune

Sasha Rogelberg

This Gen Zer applied to 1,700 jobs but only received one offer—and he says hiring managers didn't contact him until he cussed them out on TikTok

“I have the degree, no criminal records, work experience, references, a tailored resume,” 22-year-old Hunter Howell said. “It is so baffling....

05.04.2024 8

Fortune

Sasha Rogelberg

TSMC shrugs off Taiwan’s biggest earthquake in 25 years, showing its massive chip foundry mega-complexes are nearly quake-proof

TSMC told Fortune it detected damage to a “small number” of tools and was 70% recovered within 10 hours of a 7.4 magnitude earthquake.

04.04.2024 8

Fortune

Sasha Rogelberg

$2.2 trillion Nvidia is colliding with Taiwan's biggest earthquake in 25 years as its key chip supplier grapples with factory fallout

TSMC, Nvidia’s main chip provider, temporarily halted operations on Wednesday and is undergoing facility inspections to assess damage.

03.04.2024 20

Fortune

Sasha Rogelberg

Boeing is falling so behind on plane deliveries that United is asking pilots to volunteer for unpaid leave, potentially for months

United Airlines will receive less than 40% of the planes it ordered from Boeing this year.

02.04.2024 6

Fortune

Sasha Rogelberg

Over 500,000 fast-food workers in California just got a huge raise thanks to a new law—but not everyone is celebrating

Fast-food businesses have responded to the mandate with price hikes and layoffs, but labor experts say passing off increased operation costs to...

01.04.2024 10

Fortune

Sasha Rogelberg

Walgreens’ frail quarter goes beyond the discretionary spending dips afflicting its competitors. It’s ‘just not very good at retailing,’ analyst says

Walgreens beat recent earnings expectations, but GlobalData Managing Director Neil Saunders isn’t impressed, calling it “another torrid quarter”...

30.03.2024 40

Fortune

Sasha Rogelberg

Japan’s population is getting so old that a diaper manufacturer is only making products for adults, not babies

Oji Nepia’s infant diaper production has fallen by 300 million units—about half its supply—since its 2001 peak.

29.03.2024 40

Fortune

Sasha Rogelberg

Who's to blame for the Baltimore ship incident? U.S. infrastructure the the cargo industry, alike

Cargo shipping and port infrastructure are closely intertwined. Avoiding future tragedies means both entities stepping up.

28.03.2024 6

Fortune

Sasha Rogelberg

Google’s founders didn’t market test Alphabet’s name before launching the now $1.9 trillion juggernaut. Here's the advice Steve Jobs gave Larry Page

Larry Page turned 51 on Tuesday, and Fortune looked back at the philosophy behind the centibillionaire’s brainchild.

26.03.2024 50

Fortune

Sasha Rogelberg

United Airlines loses $600 million in market cap on news that FAA is opening a probe after airline’s 10th safety flub in just 2 weeks

"While they are all unrelated, I want you to know that these incidents have our attention and have sharpened our focus,” United CEO Scott Kirby...

25.03.2024 10

Fortune

Sasha Rogelberg

Restaurant robots are the ‘vanguard of automation,’ top analyst says. It’s not coming for fast-food workers’ jobs—it's actually helping them

Despite high labor costs, restaurants with automation are saving money by retaining employees and increasing their agency within the company.

23.03.2024 30

Fortune

Sasha Rogelberg

These fast-food workers are earning $25 an hour with paid vacation—as long as they work alongside a giant burger-slinging robot arm

Kernel has a 100% employee retention rate, in part because its automated technology makes staff members’ lives easier.

22.03.2024 20

Fortune

Sasha Rogelberg

Pepsi takes down rival Coke’s biggest client, landing its beverages and snacks in 20,000 Subway sandwich shops

Subway served Coca-Cola products in its U.S. stores for almost 20 years.

21.03.2024 40

Fortune

Sasha Rogelberg

Ferrari is full speed ahead on its first electric car—and the CEO promises it’s going to roar just as loud as a combustion engine

The Italian automaker will start production on its first fully electric car in 2025.

20.03.2024 40

Fortune

Sasha Rogelberg

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