Monday, November 11

What you missed today

Author

Max
November 11, 2024

Good evening!

In case you needed another reminder to always, always check your links and copy before going live with a product… check out Mattel’s news today. 🫠

Here are the 7 things you missed today:

1.  🌯 Chipotle Named Scott Boatwright CEO

Chipotle’s making it official. Scott Boatwright, who took on leading the company after Brian Noccol’s departure in August, has been named the permanent CEO of the burrito chain. Boatwright has been at Chipotle since 2017 with an 18 year career at Arby’s prior to joining the company.

2. 💰 Plan To Hire More Than 2 People In 2025?

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They place dozens of quality hires in marketing, dev, operations, and more every month without the full-time recruiter expense.

3. ⛈️ Climate-Related Weather Events Cost $2 Trillion

A new report from the International Chamber of Commerce estimated that the total cost of damage from climate-related extreme weather events globally between 2014-2023 was $2 trillion – just about in line with the economic toll of the 2008 global financial crisis.

4.  🎨 Do Customers Trust Your Logo?

Your logo is crucial for brand identity and customer trust. With 99designs by Vista’s logo contest, you just write a simple brief, get multiple concepts from top designers worldwide, and pick the best fit, all for a fixed price.

They provide creative support throughout and a 100% money-back guarantee.

5. 🦞 Red Lobster Is Getting A Millennial Makeover

Red Lobster, yes the same one that declared bankruptcy in May, is out of Chapter 11 and banking on millennial leadership to bring in younger guests. With 40% of guests over the age of 55 and visits down more than 43% YoY in October… what do they have to lose?

6. ⏸️ Streaming Platforms Are Seeing Record Rejoiners

About 57 million subscriptions to video streaming platforms between September 2023 and August 2024 came from users who were rejoining a service they canceled within the previous 12 months – accounting for 34% of total new subscriptions during the period. Which isn’t too surprising when you think of subscribing just for the new season of your favorite show… but a flaw with streaming subscriptions, nonetheless.

7.  😳 Mattel Pulled Thousands Of ‘Wicked’ Dolls

Well, here’s a headline you never want to be part of. Toy maker Mattel is pulling its new “Wicked” movie-themed dolls off shelves after a majorly disastrous package imprint that lists a link to a pornographic website called Wicked Pictures instead of Universal’s “Wicked” movie. Always double-check your products before they go out, folks.

Bonus. CEO Tip Of The Day

Feeling a little mentally blocked lately? Here are top science-proven ways to boost your creativity and generate more ideas. Your leadership and your products will be better for it.

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