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Tech News
Gap Inc. has appointed retail veteran Michael Francis to lead Old Navy, its largest brand by revenue. Francis previously helped shape Target's low-cost, design-forward strategy in the 2000s, and Gap is betting his experience can revive Old Navy at a moment when shoppers are especially price-sensitive.
Google unveiled a special edition Fitbit Air in a blue colorway featuring a sleeping Pikachu print, designed to pair with its Pokémon Sleep app. The device functions identically to the standard Fitbit Air but syncs sleep data through Health Connect on Android, letting wearers see in-app Pokémon and a Snorlax-based Sleep Score. Preorders open today on the Google Store and Target, with shipping starting September 15 and three free months of Google Health Premium included.
A new report highlights that executives at several S&P 500 companies, including Walmart, DoorDash, and Target, continue to receive large compensation packages even as many of their employees face financial hardship. The findings point to a widening gap between CEO pay and worker wages at firms often categorized as low-wage employers.
Target pulled a children's Halloween costume from its website after social media users noted it resembled imagery associated with Jim Crow-era blackface minstrel performances. The retailer apologized following the backlash, which comes about a year after Target scaled back its diversity, equity and inclusion initiatives.
Retailers Amazon and Target are selling Apple's four-pack of second-generation AirTags for $79, down from the usual $99 price tag. That marks the lowest price yet recorded for the bundle, beating the per-unit price of $24 that would otherwise total $96 for four trackers.