Appian Corporation is a well-known provider of low-code enterprise platform-as-a-service. On February 15, 2024, the business released its 8-K filing, which details its financial performance for the fourth quarter and the full year ending December 31, 2023.
Despite significantly reducing operational and net losses, the company announced layoffs, with 170 employees let go. It makes up around 7-8% of its workforce. Derrick Wood, an analyst with TD Cowen, revealed this data. He explained that the layoffs mainly affected the sales, customer success, and marketing departments. However, the company has not issued an official notification about the layoffs.
Despite these setbacks, Appian’s financial performance showed a significant rise in cloud subscription income and better operational efficiency. In this article, you will learn more about Appian and its layoffs
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Appian’s Financial Performance
Appian filed an 8-K filing on February 15, 2024. The business disclosed its financial results for the fourth quarter and fiscal year ending December 31, 2023. The company’s financial performance showed excellent growth in cloud subscription revenue. It climbed by 26% to $83.1 million in the fourth quarter and by 29% to $304.5 million for the year. The total revenue for the fourth quarter increased by 16% to $145.3 million. Also, the whole year increased by 17% to $545.4 million.
Despite these good trends, Appian has been experiencing significant operating losses. The Q4 GAAP operational loss fell to $16.8 million, significantly improving over the $40.6 million loss in Q4 2022. The full-year operating loss also dropped to $108.0 million from $145.0 million the year before. Likewise, the GAAP net loss for the fourth quarter improved to $10.0 million from $34.4 million in Q4 2022. Also, the full-year net loss fell to $111.4 million from $150.9 million.
Notably, Appian’s adjusted EBITDA was positive in Q4 at $1.0 million, suggesting improved operational performance compared to a loss of $24.8 million in the same quarter the prior year.
Strategic Layoffs at Appian
Despite these financial results, Appian’s recent layoffs show the company’s difficulty in managing growth and operational efficiency. The decision to cut the workforce by around 170 staff was mainly directed toward the sales, customer success, and marketing divisions. This decision reflects primary demand conditions. Thus, the company seeks to increase profitability by lowering operating costs.
According to a detailed thread on the layoffs, the affected employees include:
the whole SDR (Sales Development Representative) organization,
SDR managers,
the California sales team, and
the entire mid-market team
Apart from these, marketing and SC (solution consulting) firms were also heavily hit. The layoffs were carried out suddenly, with managers in charge not being notified. This indicates a top-down decision aimed at quick cost savings.
Investor Concerns
The layoffs were caused by Appian’s changing market position. Appian’s stock has fallen 69% over the last three years, and the share price dropped 38% in the last year alone. This rapid fall contrasts with the company’s high sales growth of 20% each year over the same period. The gap between revenue growth and share price performance has led investors to question the company’s long-term profitability and market strategy. Thus, the company’s long-term profitability and market strategy are under concern.
Despite these market challenges, Appian’s financial outlook for 2024 remains positive. The company predicts that cloud subscriptions and total revenue will continue to grow. Cloud subscription revenue is expected to be between $84.0 million and $86.0 million in the first quarter of 2024. It has a total revenue range of $148.0 million to $150.0 million. Appian expects cloud subscription revenue to be $364.0 million to $366.0 million for the entire year. It has total revenue ranging from $615.0 million to $617.0 million.
Strategic Partnerships
Appian has continued to develop and expand its technical offerings. On April 16, 2024, Appian released the most recent version of its platform, Process HQ. It integrates process mining and enterprise AI with the Appian data fabric. This new release aims to deliver new levels of insight into business processes, allowing for data-driven decisions and process improvements.
Appian also entered into a strategic collaboration agreement with AWS to provide private AI and end-to-end process automation, extending the platform’s capabilities.
Additionally, the company collaborated with ReleasePoint. This is to automate life insurance underwriting. This is done by combining medical record retrieval with underwriting operations on the Appian platform.
Employee Perspectives
The sudden nature of the layoffs and the impact on employee morale must be taken into account. An anonymous post on a thread about the layoffs stated that affected employees will be paid until July 31st, with extra severance yet to be released. The unexpected decision was made overnight without previous notification to direct managers. Thus, it has left many.
Employees are worried about the company’s future.
Appian’s CEO, Matt Calkins, acknowledged the obstacles and highlighted the company’s dedication to technical innovation and operational efficiency. Calkins also noted the milestones achieved in 2023, including exceeding $500 million in annual revenue and having the best quarterly gross margin in the company’s public history.
Managing Growth and Efficiency
Appian’s layoffs reflect a broader trend in the technology industry. Companies are trying to find a balance between growth and operational efficiency. The workforce reductions seek to streamline operations and boost profitability. However, they also raise concerns about market disruption and employee dissatisfaction. For investors, the key issue remains whether Appian can maintain its financial benefits while overcoming market challenges.
The company’s outstanding performance in cloud subscription revenue, combined with its strategic focus on AI and process automation, points to a promising future. However, the impact of the layoffs on the company’s sales and customer success efforts will be essential to watch.
Conclusion
Appian Corporation’s recent layoffs show a wide range of challenges, including managing growth, profitability, and customer demands in the tech industry.
The company continues to develop and expand its tech offerings. However, finding a balance between operational efficiency and workforce stability will be vital for long-term success.
The Appian’s financial outlook for 2024 appears bright. But its biggest challenge will be executing its strategic vision while retaining investor confidence in the face of tough market conditions.
Dyson Limited, also known as Dyson, is a Singapore-based global technology firm. James Dyson established the company in Malmesbury, England, in 1991. Dyson has risen to become a global leader in the design and manufacture of household items. Dyson employs about 14,000 people and operates in over 80 countries.
Dyson has had a significant impact on both the technology and appliance industries. However, the company has announced the layoff of 1,000 workers in the United Kingdom, which has caused concern among employees and others in the community. Dyson, widely known for creating the bagless vacuum cleaner, currently employs 3,500 people in the United Kingdom. In this article, we will learn in detail about the layoffs at Dyson.
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Dyson’s relocation to Singapore
Dyson relocated its headquarters from the United Kingdom to Singapore in 2019. It was done as part of a strategic move to be closer to its manufacturing facilities and supply chains. The St. James Power Station facility served as the new headquarters for Dyson. It comprises the company’s supply chain, advanced manufacturing, and research and engineering units. The move was also motivated by the fact that Asian markets contribute to more than half of Dyson’s sales. Singapore’s free trade agreement with the EU also offered further benefits.
The 2024 layoff announcement
Dyson has announced plans to reduce up to one-third of its UK employees. The layoffs are part of a global restructuring drive. The company now employs 3,500 people in the UK and operates in Wiltshire, Bristol, and London. It indicated that the layoffs were necessary to prepare for rising competition in global markets. CEO Hanno Kirner stated Dyson’s need to stay entrepreneurial and agile. He also noted that the plans will prepare the company for future challenges.
Reasons for the layoffs:
Several factors motivated Dyson’s decision to cut its staff in the UK:
Dyson faces stiff competition worldwide. This is particularly true of Asian manufacturers who create similar products at lower prices.
The company’s founder, Sir James Dyson, strongly disapproves of the UK’s economic policies. These policies mainly concern raising corporation tax from 19% to 25% in April 2023. He has expressed concern about the rules’ impact on company growth and innovation.
Reducing employment is a more significant attempt to streamline operations and reduce costs. The business believes hiring Southeast Asian people will help it meet these goals. It’s because labor costs are lower in these areas.
Impact on employees and communities
The layoffs will affect about 1,000 people across the UK. Thus, the company is dealing a massive blow to Dyson’s employees and the communities in which it works. Local companies and citizens in Malmesbury, Wiltshire, where Dyson is the primary employer, have expressed concern. Wiltshire Council chairman Richard Clewer and local MP Roz Savage have voiced concern about the impact on the local economy. They promised to help anyone impacted by this layoff.
Dyson’s decision to reduce jobs in the United Kingdom has sparked concern among experts in the sector. Prof. Andrew Graves, a mechanical engineer and political scientist at the University of Bath, said the news was expected given Dyson’s intense worldwide competition. He said that some of Dyson’s latest goods have struggled in the market, and the company has taken considerable cost-cutting measures.
The announcement of the layoffs caused calls for Dyson to provide comfort and support to affected employees and communities. Wiltshire councilors Gavin Grant and Martin Smith pointed out the importance of Dyson meeting its community duties. This includes a £6 million donation to expand Malmesbury Primary School and a projected investment in a new research and development facility in Bristol.
Dyson’s continued commitment to the UK
Despite the layoffs, Dyson kept saying that the UK would continue to be a key focus for the company’s research and development (R&D) activities. The Dyson Institute employs 160 undergraduate engineers. It will continue to function in the UK. Yet, staff are concerned about the future of R&D activities in the country, especially with the company’s recent focus on cost-cutting.
Dyson’s financial performance and plans
Despite these challenges, Dyson remains enormously profitable. Last year, the company raised its R&D spending by 40% and achieved a record revenue of $9.1 billion. Dyson’s product portfolio includes vacuum cleaners, hair dryers, air purifiers, and other innovative products. The business has also made significant investments in its global operations, establishing manufacturing plants and technology hubs in the Philippines, the United Kingdom, and Singapore.
Dyson appointed Hanno Kirner as CEO in February 2024, succeeding Ronald Krueger. Kirner previously worked for and oversaw the Tata Group Battery Program. He has extensive experience in his current post at Dyson. His leadership will be necessary for the company. This is because it navigates the challenges of a dynamic global market and implements its restructuring plans.
Concerns over a lack of notice
Local leaders and community members have expressed their disappointment. They are frustrated about Dyson’s decline to provide advance notice of the upcoming job layoffs. Wiltshire Council leader Richard Clewer also voiced worry. He said that even a few hours’ notice would have helped the council gather resources and support for the affected employees.
The council was unable to take proactive steps to fix the situation because of the sudden announcement, which left them rushing to catch up. Clewer noted that early notification would have helped the council set up support initiatives and offer them timely guidance and support. This lack of communication has increased the employees’ worry and uncertainty, leaving them in an unsafe situation without proper preparation.
Phil Exton is the mayor of Malmesbury. He and other local officials agreed with Clewer and pointed out the decision’s broader economic and social impacts. They also said Dyson has a major effect on Malmesbury’s local economy because many small companies rely on Dyson employees’ patronage.
Thus, the lack of notification affected workers and local business owners. They are unprepared for the sudden decline in client footfall. Proper notice would have allowed local firms to change operations and seek alternative help.
Finally, the community’s trust in Dyson has been shattered. The company must improve its communication tactics and take responsibility for the long-term effects of its business actions.
Conclusion
Dyson’s plan to lay off up to one-third of its UK jobs is a significant and challenging step for the company and its staff. This move is part of a larger global restructuring initiative. However, it raised questions about the company’s future operations in the UK. As Dyson travels through the challenges of a fast-changing global market, providing support and comfort to affected employees and communities will be vital so that it will reduce the impact of the layoffs.
Dyson’s commitment to innovation and continued investments in R&D will shape the company’s future. To conclude, the business needs to maintain its competitive edge and keep its commitments to the communities and employees that have been vital to its success.
Does Meijer sell Amazon gift cards? Meijer is a well-known retail business that offers a wide range of items, including groceries, electronics, clothing, and more. One popular customer inquiry is whether Meijer sells Amazon gift cards. This article will address this topic and discuss various aspects of Meijer gift cards.
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Does Meijer sell Amazon gift cards?
No, Meijer does not sell Amazon gift cards. Meijer views Amazon as a direct competitor, so it does not stock Amazon gift cards in their stores. This information is based on Cherry Picks reviews.
However, Meijer offers a variety of other gift cards. These include those for retailers like The Home Depot, Macy’s, and Kohl’s, as well as for services like Google Play and Netflix. If you need an Amazon gift card, you can purchase one directly from Amazon. Other retailers, such as Best Buy, Target, or Kroger, also offer them.
An overview of Meijer gift cards
Meijer offers a line of gift cards. These cards can be used to purchase many kinds of items at Meijer locations. There are two types of Meijer gift cards: gift cards and food cards.
Meijer gift cards are only applicable for purchases at Meijer locations. This includes all in-store products, with some restrictions. On the other hand, Meijer Food Cards can only be used to purchase qualified food goods in Meijer shops. Both cards cannot be used to pay for Meijer Home Delivery and Pickup orders.
Meijer gift cards can be used to purchase a variety of products, including:
Groceries
Bath and beauty products
Furniture
Toys
Clothing and jewelry
Pharmacy services
Automotive care (at some locations)
But Meijer gift cards cannot be used to purchase other gift cards, lottery tickets, or items that require cash purchases.
In addition to Meijer’s gift cards, the store sells a wide range of third-party gift cards. These include:
Entertainment: Fandango, Google Play, Netflix
Food: The Cheesecake Factory, Starbucks, Domino’s
Retail: The Home Depot, Macy’s, Kohl’s
Travel: Carnival Cruise, Hyatt, Delta
The main benefit of Meijer gift cards is that they do not have fees or expiration dates. This means you can use them whenever you want without worrying about their worth depleting over time.
Even though there are no additional fees for purchasing gift cards from Meijer, there is an exception for Visa and Mastercard gift cards. These cards have activation fees ranging from $5 to $6.
Limitations for Meijer gift cards
Meijer gift cards provide flexibility. However, you should be aware of some of the limitations. They are:
1. They cannot be used to repay a Meijer credit card bill.
2. They may not be accepted in certain pharmacies or service centers within the store.
3. Meijer eGift cards cannot be used to buy more gift cards.
4. Meijer gift cards are not eligible to pay for any Meijer credit card account.
Can you use Meijer gift cards for gas?
Yes, you can use a Meijer gift card to buy gas if it is a Meijer gas and grocery gift card that does not say “food only.” However, it is essential to note that Meijer gift cards are not approved for fuel purchases.
Things to know about the Meijer credit card:
The following are the essential things to know about the Meijer credit card:
Two Versions of the Card: The Meijer Card is a closed-loop card that is usable only at Meijer stores and gas stations. But the Meijer Mastercard is an open-loop card that can be used anywhere Mastercard is accepted. Your creditworthiness determines which card you receive.
Underwhelming Rewards: The Meijer card offers a $10 reward for every $750 spent. It is converted to a reward rate of 1.33% cashback. This is lower compared to other cards. For example, the Citi Custom Cash Card offers 5% cash back on your monthly highest spending category.
Sign-up Bonus: The sign-up bonus is relatively small. It is offering up to $50 off a Meijer purchase. However, other cards, like the Blue Cash Everyday Card from American Express, offer up to $200 in statement credit for new cardholders.
High Interest Rate: The purchase APR on the Meijer card is relatively high at 34.24%. It can make carrying a balance costly compared to other credit cards with lower interest rates.
Gas Discount: Cardholders get a 10 cents per gallon discount at Meijer gas stations. This discount can be combined with points earned through Meijers mPerks loyalty program.
Which payment methods does Meijer accept for gift cards?
Meijer accepts debit cards or cash for in-store gift card purchases. Online purchases can be made with American Express, Discover, Mastercard, or Visa cards.
Can you earn or redeem mPerks Rewards when purchasing gift cards?
You cannot earn points or redeem perks rewards for gift card purchases.
Does Meijer sell gift cards in bulk?
Yes, you can buy Meijer’s store gift cards in bulk. Depending on the amount spent and payment method, you can receive a discount.
Conclusion
Due to fierce competition in the industry, Meijer does not sell Amazon gift cards. However, it provides a convenient shopping experience with a wide selection of products and gift cards. Meijer offers a variety of shopping options, including groceries, household items, and gifts. You need to be aware of their limitations and restrictions to get the most out of your Meijer gift cards. Exploring alternative credit card options may be helpful for people seeking the best food rewards.
Does Kwik Trip sell gift cards? Gift cards have become a popular choice among customers. They provide both flexibility and ease of usage. Kwik Trip is a well-known brand based in the Midwest. Convenience stores offer a variety of services and products, including gift cards. This article examines whether Kwik Trip sells gift cards, what kinds are available, and how they can be used.
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Kwik Trip Gift Cards
Kwik Trip was established in 1965. It operates several convenience stores named Kwik Trip in Wisconsin, Minnesota, and the Upper Peninsula of Michigan. Whereas in Illinois, Iowa, and South Dakota, it is known as Kwik Star. These stores provide a wide variety of things and services. Thus making them essential in the communities they serve. Kwik Trip’s gift card program is one of its most valuable services.
Gift cards from Kwik Trip are a flexible choice for customers. These cards can be used at any Kwik Trip, Kwik Star, or Tobacco Outlet Plus Grocery store. They can purchase fuel, groceries, and other in-store things. But it’s important to remember that some things, like cigarettes, other gift cards, lottery tickets, and stamps, cannot be purchased with these gift cards.
Benefits and Usage of Kwik Trip Gift Cards
One of the primary benefits of Kwik Trip gift cards is their flexibility. They work similarly to currency and can be used for various purchases. Kwik Trip gift cards are a convenient way to pay for gas, snacks, or groceries. In addition, these cards can be an excellent budgeting tool. It allows users to set aside specified amounts for their monthly expenses.
Another benefit of using Kwik Trip gift cards is that you avoid pre-authorization costs, which are commonly associated with using credit or debit cards at the pump. When you use a gift card, the amount pumped is immediately charged. Thus, it is a simple and fee-free choice.
Kwik Trip Rewards Program
Kwik Trip also offers a rewards program called Kwik Rewards, which is separate from its gift card options. The Kwik Rewards program offers a variety of rewards but does not include payment choices. In contrast, the Kwik Rewards Plus Credit/Debit card allows for payment and includes quick fuel and in-store discounts.
Combining a Kwik Rewards Plus credit or debit card with gift cards can be a wise plan for customers wishing to maximize their savings. When used in tandem with gift cards, the Kwik Rewards Plus card offers automatic discounts on fuel and in-store purchases, offering an extra layer of savings.
Tips to Avoid Gift Card Frauds
It is known that gift cards provide convenience and flexibility. However, it is critical to be aware of possible fraud. Kwik Trip offers many guidelines to help customers prevent gift card scams. First, Kwik Trip gift cards and scrip cards should only be used in authorized Kwik Trip, Kwik Star, and Tobacco Outlet Plus Grocery locations.
Importantly, reliable organizations, such as utility providers and government agencies, will never require payment through gift cards. Awareness and using gift cards for the intended purpose may help prevent fraud.
Additional Information about Kwik Trip Gift Card
Availability and Denominations
Kwik Trip gift cards are available at any Kwik Trip, Kwik Star, or Tobacco Outlet Plus Grocery store. They come in various denominations, ranging from $10 to $100. Thus, they offer flexibility for both personal use and gifting purposes.
Reloadable Option
Customers can quickly reload their Kwik Trip gift cards at any participating store location or online. This feature allows users to maintain a balance on their cards for ongoing use, eliminating the need to purchase a new card each time.
Expiration and Fees
Kwik Trip gift cards do not expire, providing versatility for users who may not use their entire balance immediately. However, after 24 months of inactivity, a small monthly service fee may apply. It is deducted from the remaining card balance unless prohibited by law.
Promotional Offers
Kwik Trip may often provide special gift card promotions or discounts. These promotions could include bonus rewards points from the Kwik Rewards program. It also includes discounts on multiple gift card purchases during specific promotional times.
Corporate and Bulk Purchases
Some businesses or organizations are looking to purchase gift cards in bulk. For them, Kwik Trip provides options for corporate purchases. This can be a convenient way to:
reward employees,
provide customer loyalty incentives or
support fundraising efforts for non-profit organizations.
Holiday and Special Occasion Themes
During holidays or special occasions, Kwik Trip often releases themed gift cards. These cards may feature festive designs or customizable options, making them popular choices for seasonal gifting.
Online Purchase and Delivery Options
Gift cards are usually purchased in-store, but Kwik Trip also offers the option of buying them online. Customers can have physical gift cards shipped to their addresses or choose electronic delivery, such as gift cards sent via email.
Customer Support and Balance Inquiries
Kwik Trip offers excellent customer service for gift card holders. Users can check their card balance online, via the Kwik Rewards app, or by calling a customer support line. This promotes transparency and simplicity in cardholder management.
Conclusion
Kwik Trip gift cards are not only an easy payment option for everyday purchases like gas and groceries. It also makes great gifts for friends, family, and colleagues. Kwik Trip gift cards offer flexibility, reloadable options, and low fees. Thus, they are an effective way to budget and manage spending. Customers who follow the guidelines and use these cards properly may maximize their benefits. They can also enjoy the convenience of Kwik Trip’s vast network of outlets.
Does Kroger sell Amazon gift cards? How to get top Kroger gift cards? Kroger is an American retailer that operates supermarkets and department stores across the United States. It is an online and in-store retailer that produces and sells food and non-food products. Kroger sells groceries, fresh foods, medications, household products, and more. The business also provides many items and services, including an extensive range of gift cards.
Gift cards are becoming more and more popular worldwide. This is due to their real-time value, which makes them a cash alternative. Kroger has a large selection of gift cards, including Amazon gift cards. In this article, we learn everything about Kroger’s gift cards.
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What gift cards does Kroger sell in store?
Amazon gift cards are prepaid cards used to purchase products or services from the Amazon store. These cards can be used to buy various items, including electronics, mobile devices, books, shoes, and bags. They come in physical and digital forms, ranging from $15 to $100. You can quickly buy an Amazon gift card at Kroger and redeem it for your favorite Amazon products.
Top Gift Cards to buy at Kroger
Kroger offers various gift cards to meet multiple interests and needs. Here are some of the best gift cards you can buy at Kroger.
Apple Gift Card:
This Apple-issued card lets you buy products or services from the Apple Store. It includes the iPhone, MacBook, Apple Watch, and iPad. It is also suitable for Apple Music subscriptions. It is available in physical and digital formats, with denominations of $25, $50, and $100.
Steam Gift Card:
This card is ideal for gaming fans. It allows you to purchase game content from the Steam store. It is available in physical ($20, $30, $50, $100) and digital formats ($5 to $100).
Sephora Gift Card:
This card is ideal for those who enjoy beauty items. It may be used to purchase makeup, skincare, and perfumes at Sephora. These cards are available in denominations of $25 to $500.
Nordstrom Gift Card:
This card is ideal for fashion enthusiasts. It may be used to purchase clothing, shoes, and accessories at Nordstrom locations. These cards are available in denominations of $25 to $500.
Netflix Gift Card:
This card can be used to subscribe to Netflix. It provides access to a vast collection of movies and television series. It is available in digital format in denominations ranging from $25 to $200.
Foot Locker Gift Card:
This Footlocker-issued card is valid for sportswear and footwear purchases at Footlocker, Kids Footlocker, Lady Footlocker, Champs Sports, and Eastbay. It is available in both physical and digital formats and in denominations ranging from $10 to $250.
PlayStation Gift Card:
It lets you fund your PlayStation Network (PSN) account wallet immediately. It is available in physical and digital formats, ranging from $10 to $100.
Kroger Gift Cards:
Kroger accepts this card for purchases of groceries, home products, fuel, and other items. It is available in digital format from $10 to $250.
Visa Gift Card:
It is a multipurpose card that can be used to pay in any store that accepts Visa. It is available in physical and digital formats, with denominations ranging from $25 to $500.
Kroger restricts Amazon gift cards from earning grocery points
Amazon gift cards are popular. But it’s important to note that Kroger’s fuel point policy has been changed as of March 20, 2024. Amazon gift cards will only earn 2X gasoline points. It is down from the excellent 4X fuel points occasionally awarded during promotions. This change affects the points you can earn when buying Amazon gift cards from Kroger.
Do Kroger gift cards have expiration dates?
Kroger gift cards have no expiration date, which implies that the funds on the gift card are valid forever and can be used at any time without worrying about the card expiring. Also, Kroger gift cards have no fees, which increases their value and flexibility.
Can You Use a Kroger Gift Card Anywhere?
The Kroger Family of Companies Gift Card can be used at any store within the Kroger family. It includes Barclay Jewelers, Baker’s, City Market, Dillons, Food 4 Less, Fred Meyer, King Soopers, Mariano’s, Ralphs, and Smith’s Food and Drug.
Can I use a Kroger gift card at Walmart?
No, Kroger gift cards cannot be used at Walmart. They are only valid within the Kroger family of stores.
Does Kroger sell gift cards for gas?
Yes, Kroger gift cards can purchase fuel at Kroger fuel centers and affiliated gas stations.
Additional information about Kroger gift cards:
Terms and conditions for use:
The Kroger Family of Companies Gift Card is a prepayment for products and fuel purchased at Kroger and affiliated locations.
The card cannot be exchanged for cash unless required by law.
If the card is lost, stolen, damaged, or destroyed, it will not be replaced. So, any remaining balance will be lost.
The card cannot be used for Kroger Family of Companies Ship purchases.
Usage:
Give the gift card to the cashier at the time of purchase or scan it with the fuel pump reader.
Kroger e-gift cards cannot be redeemed at the fuel pump. However, they can be used to make in-store or online purchases within the Kroger family of stores.
Thus, Kroger offers a versatile and customer-friendly gift card. It is an alternative for a variety of buying needs. It’s because Kroger gift cards do not expire and do not incur additional costs.
Conclusion
Gift cards are useful and flexible alternatives for both gifts and personal usage. Kroger offers gift cards for almost any event, from Amazon and Apple to Steam and PlayStation. Yet, keep in mind the new regulation change affecting fuel points for Amazon gift cards. Regardless, Kroger remains a popular place to buy gift cards because of its wide range and added bonuses such as fuel rewards.
If you are unfamiliar with the Oura Ring, you would have likely noticed someone wearing one on their finger. It is a tiny health and sleep-tracking device. Since its launch in 2015, it has been a favorite of fitness enthusiasts and celebrities. Despite various rumors and misconceptions, the Oura Ring is still available. Instead, it evolves and improves with each generation. Thus, it ensures its position as an essential player in the wearable technology sector. In this article, let us learn more about the Oura ring.
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Overview of the Oura Ring
The Oura Ring is a smart wearable gadget that tracks various health data. It costs roughly $300. This gadget provides information on sleep patterns, heart rate variability (HRV), blood oxygen levels, and body temperature. It estimates three principal daily scores: sleep, activity, and readiness. These scores help customers understand their overall health and well-being by providing data regarding their sleep quality, physical activity, and readiness for facing the day.
Generations of Oura Rings
The Oura Ring is the flagship product of the Finnish health technology business Oura Health Oy. It remains the industry’s best wearable. It is meant to monitor sleep, nighttime biosignals, and everyday activities. The company strives to improve the Oura Ring with new hardware sensors and software features. As of 2024, only Gen3 rings and chargers are currently available for sale. Now, let us know about its old-generation devices.
Generation 1 (2015)
The original Oura ring debuted in 2015. It set the standard in terms of tracking sleep and daily activities. The ring’s hardware comprises:
infrared (IR) LEDs to monitor overnight biosignals and sleep stages,
3D accelerometers to track daily activity and nighttime movement, and
a temperature sensor to track nighttime skin temperature changes.
This original Oura ring was made of zirconia (ZrO2). Its internal molding was medical-grade, non-allergenic, nickel-free, and non-metallic. The Gen 1 Oura Ring was offered in stealth black, Arctic white, and mirror black.
The Gen1 ring set the standard for later versions by offering crucial health data and insights. This device is no longer sold, and customer support and software updates have stopped.
Generation 2 (2018)
The Oura Ring Generation 2 saw significant hardware and software upgrades. The Gen2 ring was available in Balance and Heritage models with steel, black, silver, and gold colors.
The hardware of this device contains infrared (IR) LEDs. It monitors the nighttime heart rate and breathing rate. It contains Accelerometers that record daily movement and steps and automatically detect workouts. It also includes negative temperature coefficient (NTC) sensors. The ring was composed of titanium. It has a physical vapor deposition (PVD) covering for gold and silver and a diamond-like carbon (DLC) covering for black and silver.
The software includes improved measurements of overnight resting heart rate, heart rate variability, skin temperature, and breathing rate. The ring also provides:
steps and daily movement monitoring,
automatic activity detection, and
customized exercise goals.
Although the Gen2 ring is no longer available for purchase, it continues to receive regular software updates, which ensures that existing users can benefit from the latest features and upgrades.
Generation 3 (2021)
The latest version is the Oura Ring Generation 3, released in 2021. It added new features and enhanced sensors, resulting in the most powerful generation yet.
This device’s hardware includes improved infrared (IR) LEDs, improved temperature sensors, and advanced accelerometers. The design remains modern and attractive, attracting both fitness lovers and those searching for a trendy accessory.
The Gen3 ring offers complete health indicators, such as extensive sleep analysis, activity tracking, and readiness scores. It also provides details about hormonal aspects that can influence sleep and can warn users when they are about to get sick. The ring now includes functions such as cardiovascular age and cardio capacity.
Thus, it gives users detailed heart health and fitness data. The Oura Ring Generation 3 demands a subscription to access most data and reports. It costs around $72 per year. It is still a popular choice for people who are serious about monitoring their health and sleep.
The Future of the Oura Ring
The company’s CEO, Tom Hale, has stated that the company currently focuses on developing software rather than introducing new hardware, despite rumors.
about the debut of a fourth-generation Oura Ring. The Oura Ring 4 is expected to include capabilities like contactless payment and enhanced health tracking. But it may not be available until 2025 or later.
Meanwhile, Oura continues to improve the Gen3 ring with regular software upgrades. These updates are intended to provide users with new and relevant functionality. These include the recently included cardiovascular age and cardiac capacity indicators. These tools help users better understand their heart health and offer useful data to improve their overall well-being.
Conclusion
The Oura Ring has gained tremendous popularity among celebrities. The ring has also increased its retail presence. It is now available on platforms like Amazon and in retail locations like Best Buy. This retail growth makes it easier to reach a broader audience.
The Oura Ring is not going away anytime soon. Its extensive health-tracking abilities, stylish look, and ongoing software updates keep it a top pick in the wearable technology industry. As Oura strives to innovate and expand its products, the ring’s popularity is expected to rise, allowing more people to take control of their health and fitness.
The Oura Ring offers a unique and valuable option for anyone searching for a stylish and useful item. It is for everyone who is health-conscious or enjoys working out.
SoundCloud is an audio streaming service founded in Sweden and headquartered in Germany. The company is owned and operated by SoundCloud Global Limited & Co. KG. SoundCloud will be listed for sale in 2024. The streaming platform’s owners expect to secure $1 billion in any prospective deal.
SoundCloud, founded in 2007, was on the verge of closure in 2017 until Raine Group and Temasek invested $170 million. In 2020, SiriusXM purchased a minority stake with $75 million in funding.
Last year, the business laid off 8% of its employees or approximately 40 workers. In a statement to employees, CEO Eliah Seton defined the move as “a difficult but necessary decision to maintain the health of our business and get SoundCloud profitable this year.” This article explains more about the layoffs at SoundCloud.
What happened to SoundCloud?
SoundCloud was a wild child in the streaming industry in the 2010s. The company has spent the last few years rebranding itself as a more official streaming service.
In March 2021, the company made the unusual move of launching “fan-powered royalties.” A listener’s subscription or advertising-income is distributed among the artists they listen to rather than being put into a collective pool.
This music streaming platform has previously laid off employees. The company laid off 40% of its employees and closed its offices in San Francisco and London during its initial shift in 2017 from a free service to a legitimate subscription business.
On August 3, 2022, Billboard released extracts from SoundCloud CEO Michael Weissman’s email to workers. The email informed them of the planned layoffs. The email described all of the changes made to the company as “the driving force.” It would allow the brand to “focus on its goal to lead what is next in music.” Also, Weissman’s email stated that affected employees in the United States and United Kingdom “will be informed over the next few days.”
SoundCloud Layoffs
According to several sources, SoundCloud, a music streaming business, laid off 8% of its workforce in May 2023. This round of layoffs follows the company’s firing of 20% of its workforce in August 2022.
According to a statement given to employees, CEO Eliah Seton stated that SoundCloud is reducing jobs to become profitable.
“This is a difficult but necessary decision to maintain the health of our business and bring SoundCloud into profitability this year. In doing so, we safeguard the company’s future for millions of artists. They depend on us for a living and self-expression. It is also for the millions of fans who visit SoundCloud for their love of music,” the CEO stated.
Seton wrote, “In the end, I accept responsibility for this choice and will cope with that every day.” “Most importantly, we have decided to treat everybody with the greatest dignity. Also, we will manage this process in the most kind way possible.”
“It is essential to ensure that SoundCloud flourishes in our mission to influence culture. It is also to be the preeminent home for artists and fans and to drive what is next in music,” he added.
This was Seton’s first big move after becoming CEO in March 2023. He replaced the former CEO, Michael Weissman. SoundCloud has widened its fan-powered royalty scheme in recent years. It partnered with several labels, like Merlin and Warner Music Group. The project distributes commercial and subscription revenue to the artists that consumers listen to.
It offers a more extensive royalty program compared to other streaming providers. In 2022, the startup unveiled a vertical stream similar to TikTok for finding music. In April 2023, SoundCloud introduced a fan interaction tool to help musicians gain more insight and interact with their fan base.
SoundCloud claims to have 130 million “engaged fans.” As of 2023, it had over 320 million tracks from over 40 million producers.
Music streaming firms are facing challenges as they strive to become profitable. In 2022, Tencent-backed Indian app Gaana moved to a subscription-based model. ByteDance’s Resso app, available in India, Brazil, and Indonesia, followed suit and slid behind the paywall earlier.
SoundCloud is seeking profitability
According to sources close to SoundCloud’s investors, the company’s existing shareholders include SiriusXM and Raine Group. It was in the early stages of considering a potential investment event in 2023 or a sale within 2024.
This move by the company is said to speed up its journey to profitability. Also, it would undoubtedly fit with that concept.
In Q1 2020, SiriusXM acquired a minority stake in SoundCloud for $75 million. Coincidentally, SiriusXM eliminated 8% of its global workforce in a round of layoffs in 2023.
Conclusion
The growing popularity of SoundCloud Rap and the power of new artists to develop recognition helped SoundCloud gain enough users to stay in business. Like other streaming platforms, SoundCloud is an interactive platform that allows artists to achieve fame.
Finally, on January 8, 2024, SoundCloud was listed for sale for $1 billion. Raine Group and Temasek Holdings are two significant SoundCloud shareholders. They are said to be interviewing investment banks “about a possible auction of the company.” A source said that any potential sale is unlikely to occur quickly but later in 2024.
Bodyarmor is a high-quality sports drink that provides excellent hydration. Mike Repole created it in 2011. It contains electrolytes, coconut water, and antioxidants. In August 2018, Coca-Cola acquired a minority position in Bodyarmor, making it the company’s second-largest shareholder after Repole.
The brand’s recent innovation is Bodyarmor Edge, launched in 2021. It combines the exceptional hydration of Bodyarmor Sports Drink with a caffeine boost to give customers an edge.
The Coca-Cola Company entirely bought body armor in November 2021. It continues to evolve as an absolute game changer in active hydration. Though the company discontinued some of the products over the years, Body Armor Edge is a premium sports drink. In this article, we will learn more about Body Armor Edge.
Sports drinks from Body Armor are “more natural
The Coca-Cola Company owns Bodyarmor SuperDrink, an American sports drink brand. The company has launched several products, including Sports, “Lyte” Sports, “Edge Sports,” and “SportWater.”
On March 17, 2020, The National Advertising Division (“NAD”) advised that BA Sports Nutrition, LLC (“BA”) discontinue several claims for its Body Armor and Body Armor Lyte sports drinks.
In point-of-sale and online advertising, the contested claims included the following:
Express claims:
1. Body Armor is described as “the more natural sports drink.”
2. Body Armor contains “more natural ingredients than Gatorade Thirst Quencher and Zero.”
3. Body Armour Lyte is “the more natural, low-calorie sports drink.”
4. Body Armour Lyte contains “more natural ingredients than Gatorade Thirst Quencher and Gatorade Zero.”
Implied claims:
1. Body armor and body armor Lyte is more natural than other sports beverages.
2. Body Armor and Lyte had more natural options than Gatorade and Zero.
3. Body Armor and Lyte have fewer artificial chemicals than Gatorade.
4. Body Armor and Body Armour Lyte have fewer artificial ingredients than Gatorade Thirst Quencher and Zero.
The launch of Body Armor Edge
Body Armor has announced the launch of Body Armor Edge in 2021. It is a high-quality sports drink that contains natural caffeine.
BodyArmor Edge is designed to provide the latest in active hydration and sports nutrition. It combines the excellent hydration features of BodyArmor Sports Drink with natural caffeine, intending to give customers a boost on and off the field.
BodyArmor Edge uses the same coconut water-based recipe as BodyArmor Edge Sports Drink. It contains over 1,000 mg of electrolytes and 100 mg of natural caffeine.
“BodyArmor has changed the sports drink industry by providing hydration options that today’s athletes want and need. BodyArmor Edge is the company’s most innovative product yet,” said Brent Hastie, President of BodyArmor, in a statement.
“BodyArmor Edge blends our tried-and-true sports drink formula with a burst of natural caffeine. It is for customers who want to get more out of their day. We are thrilled to introduce BodyArmor Edge. It is another game-changer in sports nutrition and performance within our active hydration range,” he added.
The launch comes as the brand expands and redefines the $40 billion active hydration industry. BodyArmor is the nation’s second most popular sports drink, with retail sales of more than $1 billion.
BodyArmor Edge comes in a 20-ounce bottle. It contains antioxidants, natural tastes, and sweeteners, with no synthetic colors. BodyArmor Edge is available in stores nationwide and online at Amazon in four flavors. They are:
Berry Blitz,
Tropical Chaos,
Power Punch, and
Orange Frenzy.
Discontinued Body Armor Edge products
There were no details about the discontinued products of Body Armor Edge. As per Wikipedia, the discontinued items are as follows:
Berry Blitz Edge
Orange Frenzy Edge
Power Punch Edge
Strawberry Slam Edge
Tropical Chaos Edge
Watermelon Wave Edge
However, why are these products being discontinued?
The body needs to be mentionedArmor’s strategy to overtake Gatorade
BodyArmor is stepping up its attempt to dethrone Pepsi’s Gatorade as the leading sports drink brand. It is executing it with the launch of its latest offering, BodyArmor Zero Sugar. This strategy is planned to take market share from Gatorade’s Zero Line.
BodyArmor distinguishes itself with its ingredient composition, which excludes artificial sweeteners, flavors, and dyes. In an exclusive interview with CNN, BodyArmor CEO Federico Muyshondt stated the importance of Zero Sugar, calling it the brand’s most significant introduction to date.
Muyshondt discussed the market’s potential in more detail. He noted the high customer demand in the sports drink sector for sugar-free alternatives. The new offering, which comes in four flavors, meets this need.
Muyshondt says the lack of artificial chemicals is a prominent selling feature. Thus, it is ideal for health-conscious customers and parental “gatekeepers.” He sees the launch of a sugar-free option as a natural step for BodyArmor, expanding its customer base while challenging Gatorade’s dominance.
Conclusion
BodyArmor launched Zero Sugar to stay competitive. It is an intelligent attempt to take hold of the industry. Duane Stanford, editor of Beverage Digest, believes this product will be important in changing the competitive landscape.
BodyArmor’s expansion strategy goes beyond the US market. It is coming with recent invasions into Canada, making its international debut. Meanwhile, Coke’s efforts to relaunch Powerade and Prime’s rise as a competitor show the evolving nature of the sports drink sector.
Muyshondt remains optimistic about BodyArmor’s options. He believes BodyArmor’s focus on holistic well-being and health positions it for future success. BodyArmor’s goals show the company’s desire to disrupt the status quo and emerge as a viable competitor as the beverage business evolves.
For decades, Purex Sta-Flo concentrated liquid starch has maintained the clean, fresh, and attention-grabbing look of American clothing.
Purex Sta-Flo liquid laundry starch is a long-standing product. It adds stiffness to the natural fibres in our clothes after washing. Sta-Flo is also designed to prevent wrinkles in clothing, making ironing more accessible and faster. This results in an elegant finish for our linen and garments.
According to sources, the product, Sta-Flo Liquid Starch, is available in online stores. There is no news about its discontinuation. Still, it is listed in the brand’s website product list. In this article, let us learn more about Purex Sta-Flo liquid starch.
How does the product work?
Sta-Flo Liquid Starch focuses on crisp clothing. Getting iron in concentrated liquid form is always simple, allowing us to create the perfect mix.
Combine Purex Sta-Flo liquid laundry starch and water in a regular spray bottle. It will give our clothing a crisp edge. For a light starch feel, use two parts water and one part starch, or blend to the desired stiffening level.
This product is ideal for blue jeans, uniforms, and work shirts. It may also be used in many kinds of creative projects.
Thus, Sta-flo is helpful for more than simply clothing. It also works well for crafts and educational projects. The Purex Pinterest board for fun liquid starch crafts lists ideas like DIY holiday ornaments and drawer liners.
About the Manufacturer
Sta-Flo Liquid Starch is manufactured by Henkel under the brand name Purex. Purex is a laundry detergent used alongside other items. Henkel North American Consumer Goods manufactures and markets this product in the US and Canada.
Purex is one of the most popular laundry detergents in North America. Purex Bleach is the company’s first product. It competes heavily with Clorox bleach. Purex Crystals, a line of in-wash “fragrance booster” items, also bears the brand name. Purex Crystals began as a fabric softener for washing machines.
In 1922, Lionel S. Precourt and his son, Ray, started making household bleach. The following year, the brand Purex was given to their bleach product. Purex started manufacturing its first dry, light-duty detergent in 1946, marketed as Trend.
Following several acquisitions, A. E. Staley Manufacturing Company’s food and home brands were acquired by Purex in 1981. This includes
Cream corn starch,
Staley Pancake and Waffle Syrup,
Sta-Puf fabric softener,
Sta-Flo liquid starch and
Sno Bol toilet bowl cleaner.
In 1982, Gibbons, Green, and van Amerongen Ltd., the forerunner of Leonard Green & Partners, bought Purex Industries, Inc. This deal happened through a leveraged acquisition.
In 1985, Greyhound Corporation bought Purex Industries, Inc.’s household and consumer products company to become “The Dial Corporation”. By the 1990s, Dial had discontinued the Purex Bleach product in favor of laundry detergents. In April 2004, Henkel purchased the Dial Corporation.
How did the Purex come into existence?
Beginning in the family garage, Lionel and Roy, a father-son cleaning team, used a local recipe. They created a pure bleach solution packed in amber pint jars. It was sold for a non-inflated 15 cents each.
It was 1922, and a jug of bleach usually cost 25 cents. However, Lionel and Roy wanted to produce a high-quality product while passing on savings to American families. Their native liquid bleach quickly gained popularity. It was dubbed Purex due to its precise features and ability to keep the home clean and healthy.
Because of their commitment to saving money, the family sought to build Purex over the years. They focused on making functional, everyday-need-inspired products supplied at a reasonable price.
Quality goods have kept Purex in homes across America from the Great Depression to today. It is providing a quality, clean product that everybody can purchase.
Purex is part of the Henkel family and has yet to remember who they are. Their inventive approach to providing brilliant value and quality and their passion for developing excellent laundry supplies continue to shape Purex.
Is Sta-Flo Liquid Starch available?
Despite social media claims about a supply shortage, Sta-Flo Liquid Starch is still widely accessible. It is available for anyone looking to give their clothes a crisp, long-lasting finish. Users might feel confident in its ability to keep clothes clean, fresh, and ready to stand out.
Purex Sta-Flo Liquid Starch is an ideal solution for improving the body and stiffness of natural fibers in clothing after washing. Each 64-fluid-ounce bottle of Purex Sta-Flo Liquid Starch has carefully selected ingredients, including water, corn starch, soap, sodium tetraborate, and fragrances.
These components work together to produce excellent results. Thus, it is ensuring that our clothing retains its beautiful condition.
Sta-Flo isn’t limited to laundry, either. Craft enthusiasts might also use its power for artistic purposes. Individuals can build their paint combination by mixing Sta-Flo with liquid or dried tempera paint. Thus, it is opening up a world of creative possibilities for DIY projects.
Conclusion
Despite the supply issues circulating online, Sta-Flo Liquid Starch is still an excellent choice for everyone looking to improve their clothing and crafting experiences.
Is Wendy’s spicy nuggets discontinued? The chain’s best item for many Wendy’s customers is its spicy chicken nuggets! The spicy chicken nuggets were first offered in 2009 as a limited-market offering. Then, rapidly, it became an outstanding item. It was added to the menu nationwide the following year. They were a spice lover’s delight, just like the spicy chicken sandwich. But in contrast to the sandwich, the nuggets have this spicy combination in shareable, small bites.
2017, the chain unexpectedly pulled Wendy’s spicy nuggets from the menus. The brand cited a loss of popularity, shocking Wendy’s lovers worldwide. Fans decided to fight back to bring back this popular item.
The public’s strength finally won out. The chain confirmed on Twitter that it would certainly bring the popular fast food back. Wendy’s kept its promise in August 2019, when spicy nuggets returned to locations across the United States. This article will tell us more about Wendy’s spicy nuggets.
About spicy nuggets
According to Wendy’s website, spicy chicken nuggets are “100% white meat chicken breaded and marinated in a unique, fiery blend of peppers and spices.” In other words, we cannot order them as mild or medium. There are no specific chili peppers listed under ingredients, but the word “peppers” appears in the name description.
The only stated ingredients are salt, celery seed extractives, and paprika. The latter is likely to blame for the nuggets’ signature reddish hue and a hint of heat. Otherwise, those extra “spices” remain up for debate. These nuggets are manufactured in the same way as the chain’s normal nuggets: in a deep fryer.
Wendy’s states that all their nuggets are cooked in a blend of soybean and vegetable oils. Also, it may contain traces of corn, canola, and cottonseed oil. So they might not be the ideal option for those with particular allergies, the business claims.
Wendy’s removed spicy chicken nuggets
Fast-food fans are furious when their most beloved menu items are discontinued. In 2017, Wendy’s was the target of an attack after the company quietly removed spicy chicken nuggets from its menu.
As expected, the bitter reaction on Twitter has caused quite an uproar. Some devoted Wendy’s fans have threatened to boycott the company entirely. However, others have merely expressed disgust and dismay at the incorrect fast food choice.
In March 2017, FoodBeast explored the unusual situation. Instead, they received only a vague response. The brand provided no details on which cities, if any, still serve the flaming nuggets. As per the brand representative:
“Wendy’s Spicy Chicken Nuggets can be found in select cities nationwide, while the traditional chicken nuggets remain accessible at all Wendy’s locations. Customers who want spicy chicken nuggets can also choose our spicy chicken sandwich. Wendy’s also recently introduced the Asiago Ranch Chicken Club. It may be ordered grilled, spicy, or homestyle. Sorry, Wendy’s, but we don’t think that will cut it.”
Thus, Wendy’s discontinued its spicy chicken nuggets in early March 2017, but people had hoped that they would bring back this popular item. The fast food company had no plans to change its mind anytime soon, but the company said that a few cities still serve the discontinued menu item.
Although spicy nuggets have been removed from the menu, people ordered them off the actual menu in a few cities that couldn’t live without them. This is according to Brand Eating. Wendy’s stated that spicy nuggets are still available in the following cities:
Austin,
Dallas,
St. Louis,
Chicago,
Madison, and
Milwaukee.
The spicy nuggets are back!
Fans were not letting spicy nuggets go down without a fight. In May 2019, musician Chance the Rapper made a viral tweet to manifest the return of the flaming nuggets. Then Wendy’s began a campaign challenging followers to show how much they wanted the iconic snack back.
Two days and 2.1 million likes later, the power of the people won out. The Twitter restaurant confirmed that it would bring classic fast food back. Wendy’s kept its promise in August 2019, when spicy nuggets returned to locations across the United States.
A fast food item that generates enough buzz for a celebrity-led petition and nearly 2 million Twitter likes is undeniably significant. However, some people might wonder how much of it is hype.
So, what is unique about these nuggets? Reviewers believe it is the degree of heat. “Once the flavors of cayenne and pepper fade, you’re left with a lingering burn that stimulates your tastebuds,” says Dane Rivera on UpRoxx.
While many people agree that Wendy’s spicy nuggets are hot, not everyone likes the entire flavor.
Conclusion
The chain has yet to disclose how long the spicy nuggets will last. The website expressly notes that the spicy nuggets are only back for a limited period. Of course, some of this could be merely marketing.
So far, since the nuggets returned, the company has indicated that it has accepted the need. It’s evident in the figures, too: in 2019, Restaurant Business Online stated that Wendy’s move to reintroduce the famous snack boosted sales nationwide to their highest level in nearly four years.
There is no news on how long the spicy nuggets will be available, but it’s recommended that you eat all of that spicy chicken goodness while you can.
