Stitch Fix said Wednesday that Matt Baer will become the company’s new CEO on June 26, as the online styling service looks to cut costs and focus on its core market in the U.S. Baer, who was formerly the chief customer and digital officer at Macy’s, will take over the CEO role from Stitch Fix founder Katrina Lake, who had returned to leading the company after the departure of former CEO...
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Streaming Services Should Beware Becoming Like Cable Companies
About a month ago, I finally reached my breaking point with YouTube TV, the streaming service I had subscribed to years earlier as a replacement for cable TV. I didn’t think twice about paying $40 a month for it in 2018, but after years of price increases—YouTube TV now costs $73 a month—I realized my family wasn’t watching it nearly enough to justify the money. So I ditched it. More...
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