Weber and Traeger invest in new technology to improve barbecue grills
- Major grill manufacturers like Weber and Traeger are investing in technology that uses connectivity to smartphone devices to make grilling easier
- Trager has recently made a $100 million purchase of a connecting cooking start-up called Apption Labs in July
- More than $1.8 billion worth of grills, smokers, grill accessories, fuel, and stoves and accessories were sold between March and May in the U.S., a 5% increase compared to 2020
Foot Locker stock rises after earnings exceed their goal
- Foot Locker exceeded their fiscal second-quarter earnings estimates and voiced optimism about the back half of the year
- Consumers have continued to spend on athletic footwear and workout apparel during the Covid pandemic, with these areas outperforming others
- The company’s CEO, Richard Johnson said the company saw strong demand in its women’s and kid’s footwear business
New Disney Development could bring the Hulk to their theme parks
- Disney’s research and development team is performing testing to bring the company’s biggest characters to their theme parks in “Project Exo”
- Disney hasn’t shared which characters could ultimately go to the parks, but it is speculated that the Hulk from Avenger and Baymax from Big Hero Six could be among the first
