🚦 “Elmo got a makeover” — Sesame Street’s new pivot. Target’s theft excuse. JetBlue’s vacation mistake.
Nov 1, 2023
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Elmo from Sesame Street discusses the show's format change after 56 years. Target's theft excuse for struggling sales is debunked. JetBlue's mistakes and financial troubles are examined. Sesame Street's pivot to longer content is highlighted. Target's store closures are analyzed, revealing corporate misconduct. Fun discussions on Halloween candy preferences and birthdays.
JetBlue's downfall serves as a reminder that blindly chasing trends can lead to failure.
Sesame Street's format change reflects its ability to adapt to the digital age while remaining true to its educational mission.
Deep dives
JetBlue's Downfall Due to Chasing Trends
JetBlue's stock is at an all-time low, and the airline is struggling financially. The company's major mistake was chasing trends instead of focusing on its core strategy. JetBlue shifted its focus to domestic vacation destinations, but this move came at a bad time. The pandemic saw a decline in domestic vacation travel, and now that travel is picking up, JetBlue is too late to capitalize on the trend. Their attempt to pivot to international flights also seems ill-timed. JetBlue's downfall serves as a reminder that blindly chasing trends can lead to failure.
Sesame Street's Format Change
Sesame Street, a long-running children's show, is changing its format for its 56th year. Instead of the usual series of short segments, each episode will now feature two longer segments with animation in between. This change is a bold move in an era of short-form content. By opting for longer stories, Sesame Street aims to tell more sophisticated narratives. The show's evolution reflects its ability to adapt to the digital age while remaining true to its educational mission. Sesame Street's magazine-like format has also influenced other media platforms, including podcasts like this one.
Target's Misleading Narrative about Store Closures
Target blamed theft and organized retail crime as the reason for closing nine stores, but the truth is different. Data shows that the stores being closed had lower crime rates compared to nearby Target stores that remained open. A Wall Street analyst's report suggests that Target used crime as an excuse to close experimental concept stores that were not performing well. Target's misleading narrative tapped into public anxiety about crime, but the real problem was poor management decisions. This story highlights the importance of journalism in uncovering the truth and holding corporations accountable.
Sesame Street is changing its format for the first time in 56 years — Big Bird, Elmo, and Oscar The Grouch pioneered the “magazine format” of TV (which even influenced our podcast)
Target has said all year long that it’s struggling because of 1 thing: Theft (aka “shrinkage”) — But we just got the data from a journalist’s investigation… and Target doesn’t want you to hear it.
And JetBlue stock is about to hit an all-time low — Because when all you do is chase trends, you eventually run out of gas.