On the surface, Purdue University and Kaplan University don’t have a lot in common: One is a public university from Indiana and the other is a for-profit chain mostly offering online courses. But now they have one rather large thing in common: ownership. Purdue has purchased Kaplan — for a dollar. [More]
making the switch
The Slow Business Of Fast Food: Why It Takes McDonald’s 6 Months To Change 1 Ingredient
Why does it take three years for Wendy’s to create a new summer salad? Why did McDonald’s spend decades not listening to customers who wanted all-day breakfast? Even a seemingly simple change, like moving from margarine to butter, requires at least six months for the Golden Arches to make. [More]
Costco Officially Switches From AmEx To Visa Today
It’s officially out with the old and in with the new at Costco today, as the company closes the book on its 16-year relationship with American Express in exchange for its new deal with Citi Visa. [More]
Will Costco’s Switch From American Express To Visa Affect My Credit?
In June, Costco will officially change its store-branded credit card from American Express to a Visa card issued by Citi. The wholesale club is promising a seamless transition, but some longtime Costco customers have concerns: Will my credit score or history be dinged? Can I opt-out? [More]
Supervalu, PepsiCo Pledge To Sell & Use Only Cage-Free Eggs
Two more national companies are jumping on the increasingly crowded cage-free egg bandwagon. PepsiCo and Supervalu — the operator of brands like Cub Foods, Farm Fresh, Hornbacher’s, Shop ’n Save, and more — both plan to transition to using or selling only cage-free eggs over the next several years. [More]
IKEA To Sell Only LED Lighting Starting September 1
That lamp you’ve been eyeing at IKEA is getting a bit of a makeover; or at least the light bulb is. The company is moving forward with plans to only sell LED bulbs starting this fall. [More]