All articles tagged with #business expansion
Originally Published 5 months ago — by The Guardian
In-N-Out CEO Lynsi Snyder is relocating the company's operations from California to Tennessee, citing challenges in raising a family and doing business in California, and plans to expand in Tennessee while closing some California offices.
Originally Published 5 months ago — by Business Insider
Lynsi Snyder, owner of In-N-Out, is relocating the company's headquarters from California to Tennessee due to challenges in doing business and raising a family in California, including COVID-19 restrictions. The company is consolidating its California operations and expanding in the Southeast, with a new headquarters in Tennessee opening in 2026, while maintaining its core presence in California.
Originally Published 6 months ago — by ABC News
Leonard Lauder, who played a pivotal role in transforming Estée Lauder into a global cosmetics empire and was a notable philanthropist, has died at age 92. He expanded the company's reach worldwide, launched major brands, and contributed significantly to art and education philanthropy. Lauder's legacy includes his leadership in the beauty industry and his charitable work, including donations to the Metropolitan Museum of Art.
Originally Published 1 year ago — by Reuters
OpenAI, backed by Microsoft, has opened its first Asia office in Tokyo, aiming to tap into Japan's demand for AI technology. The startup, known for its ChatGPT generative AI chatbot, is seeking new sources of revenue globally and has a custom model optimized for the Japanese language. With a focus on building partnerships with Japanese government, businesses, and research institutions, OpenAI is looking to capitalize on Japan's interest in AI to compete with China, drive digital services, and address labor shortages.
Originally Published 1 year ago — by FOX 9 Minneapolis-St. Paul
Minnesota's Largest Candy Store, a landmark near Jordan for nearly 50 years, is set to move to a new location due to a new interchange at Highway 169 and Delaware Avenue that would have hindered access to the store. The owner, Robert Wagner, will be relocating the store to a new site across Highway 169, which will be 2.5 times larger and connected to city services. The current store will remain open during the construction of the new one, which is expected to take about 3 years.
Originally Published 1 year ago — by The Advocate
Balhoff Graphics, a local printing company, is set to open a new 3,800-square-foot office on Government Street in Baton Rouge, with plans for construction to begin in the spring and the office to open by the end of the year. The new building, to be located on the site of the former Beyer Printing building, will provide office and warehouse space for the growing company, which offers printing, graphic design, and mailing services to clients including Lee Michaels Fine Jewelry and St. Joseph's Academy.
Originally Published 2 years ago — by Forbes
Terry Taylor, an elusive billionaire, owns over 120 car dealerships across the U.S. with a net worth of $1.9 billion. Despite his massive success, he maintains a low profile and rarely grants interviews. Taylor's empire, Automotive Management Services, operates in secrecy, with each dealership registered under its own LLC. His business strategy involves partnering with general managers, allowing them to have a stake in the dealership. Taylor's penchant for the good life is evident in his lavish homes and private jet. Despite legal disputes and the recession, Taylor's empire continues to thrive, making him a mysterious figure in the car dealership industry.
Originally Published 2 years ago — by Hindustan Times
The Virgo daily horoscope for December 9, 2023 predicts new challenges at work that will provide opportunities for growth, while minor financial issues may arise. In terms of love life, it is advised to settle past relationship issues diplomatically and avoid conflicts. Virgos waiting for a response to a proposal may receive a positive one, but married Virgos should be cautious. Those interested in switching jobs can update their resumes and expect new interview calls. The first half of the day may not be productive financially, and it is advised to avoid large-scale investments. Maintaining a healthy lifestyle and positive attitude is recommended, while pregnant Virgos should avoid certain activities.
Originally Published 2 years ago — by CNBC
Netflix is making a push to become a gaming giant by building a library of over 70 video games, testing a cloud gaming service, and hiring for its first big-budget game. This move is part of the company's efforts to diversify its business lines as its stock lags behind other tech giants. However, breaking into the gaming market is challenging, with many previous attempts by tech and media giants ending in failure.
Originally Published 2 years ago — by Barron's
Macy's has appointed a new CEO for Bloomingdale's, aiming to strengthen the luxury department store's business and pursue expansion opportunities.