Monday, December 23

What you missed today

Author

Max
December 23, 2024

Good evening!

Welcome to the last standard issue of The CEO Report of 2024! 🎉

While we’ll be out recharging and relaxing the next few days, keep an eye out for our special edition version on Monday where we recap this past year’s highlights.

For now, here are the 7 things you missed today:

1. 🏡 Rocket Homes Has Been Accused of an Illegal Kickback Scheme

The top US watchdog agency for consumer finance accused Rocket Homes, a unit of Rocket Companies, and The Jason Mitchell Group real estate brokerages of an illegal kickback scheme to push mortgage applications back to Rocket including incentives such as awards of $250 gift cards to agents making the most referrals. (CNN)

2. 💫 How To Upgrade Your Marketing In 2025

Did you know it takes the average brand 30 days to find a halfway decent marketing agency? Well lucky for you, it doesn't have to!

Introducing the new agency matching quiz that pairs you with top 1% of agencies, perfect to your needs & budget, in 60 seconds 100% free!

3. ☕️ Starbucks’ Christmas Strike is Spreading

Starbucks’ Workers United strike that began on Friday has continued to escalate, as expected, to almost 50 stores across new cities including Boston, Portland, and Dallas-Fort Worth. The worker walkouts are part of an effort to push for better working conditions and wages. (Quartz)

4.  🎨 Design Doesn’t Have To Be Complicated

Why wait for influencer content or pay for overpriced designers when you can get into high-converting templates proven by 500+ brands?

With Creative OS, you get 2,000+ easy-to-use templates to launch campaigns quickly! Just pick a template, customize it in Canva/Figma, and you’re ready to launch

5. 🏬 Nordstrom is Going Private in a $6.25Bn Deal

The upscale department store chain is going private in a $6.25 billion deal led by its founding family – Erik, Pete, and Jamie Nordstrom. The family will have a majority ownership stake in the 123-year-old company while Mexican department store chain El Puerto de Liverpool will acquire the remaining shares they don’t own. (CNN)

6. 🏚️ The Container Store Filed for Bankruptcy

46-year old organization company The Container Store has filed for Chapter 11 bankruptcy amidst customers cutting back on discretionary spending. The company revealed it has about $230 million in debt and just $11.8 million in cash on hand but will receive $40 million in fresh financing. The chain’s 102 stores and website will remain open. (CNN)

7. 🛍️ Most Americans Shopped in Stores This Holiday

Great news for people who love brick and mortars – according to a new report by card issuer Visa, of all the total retail spending this holiday season in the US, 77% of payments were made in store and just 23% were made online. (Quartz)

Bonus. CEO Tip Of The Day

Here’s a project for you this holiday break: establish your maintenance mode. Ben Meer has some great tips on how to maintain your momentum even during winter holidays and summer vacations.

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