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Walmart seeks ‘chic’ design halo in decor deal with HGTV stars

Bloomberg Walmart Inc is looking to boost its decor credentials with a new outdoor furniture line backed by Dave and Jenny Marrs, a builder-designer duo known for their home-remodeling shows on HGTV. The collection includes a porch swing and dining table from the couple, who star on the show Fixer to Fabulous. Walmart plans to add indoor furniture soon, Julie ...

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UK’s flying taxi hub startup nears $25m in fresh funding

  Bloomberg Urban-Air Port, a UK startup that’s developing hubs for flying taxis, is closing in on 20 million pounds ($25.4 million) in funding after attracting two new equity investors. Canadian services firm Dymond Group will invest in the infrastructure business while a European real-estate operator is also planning to back the company, founder and Executive Chairman Ricky Sandhu said. ...

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Gap slumps after cutting sales outlook

  Bloomberg Gap Inc plummeted after announcing trouble at Old Navy — the brand that generates half of its sales and is seen as the apparel giant’s growth generator going forward. Nancy Green, who joined Old Navy in 2019 after having run Athleta, is leaving soon, Gap said. An external search is under way for her replacement. The retailer also ...

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