Exploring the costs and challenges associated with employee turnover using IKEA as a case study, highlighting the impact on hiring, training, and productivity. The discussion shifts to the valuation and growth of Kava Group, a restaurant chain, examining its success post-IPO and comparisons to fast-food giants like Chipotle, along with insights from Bloomberg reporters on investor enthusiasm and short positions.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg News International Economics & Policy Correspondent Michael McKee talks about his interview with Cleveland Fed President Loretta Mester who called the latest data showing softer inflation “welcome news,” and said she would like to see a few more months of good data before considering lower interest rates. Bloomberg News Senior Management and Workplace Reporter Matthew Boyle explains what Swedish retailer Ikea is doing to retain workers. Bloomberg News Equities Reporter Bailey Lipschultz discusses how restaurant chain Cava is worth $33 million per restaurant after a blistering debut. Bloomberg News Music and Audio Reporter Ashley Carman provides the details of Spotify's plan to unveil a new premium music service. And we Drive to the Close with Aaron Kennon, CEO at Clear Harbor Asset Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.