CAVA’s business is booming, Gen Z flocks to blue collar jobs and stock splits are making a comeback

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CAVA is worth $33M per restaurant

Shares of CAVA have surged 300% since its initial public offering in June 2023, giving the buzzy Mediterranean restaurant chain a market value of more than $10 billion. That equals $33 million for each of CAVA’s 323 locations, Bloomberg reports. For comparison, Chipotle was valued at $3 million per restaurant a year after its IPO. Read more here. ?? James Callan

Share your POV using #Restaurants: What can other businesses learn from the success of CAVA?

US sues Adobe over subscriptions

The Federal Trade Commission has sued Adobe, claiming the software giant made it too hard for customers to cancel their pricey subscriptions. The complaint says the company behind Photoshop and Acrobat effectively trapped customers “into yearlong subscriptions through hidden early termination fees and numerous cancellation hurdles.” Read more here.?? Riva Gold

Chime in using #ConsumerProtections: What effect will this lawsuit have on subscription-based products?

Stock splits make a comeback

Stock splits are enjoying a resurgence following announcements from many big names, including Walmart, Nvidia and Chipotle, CNBC reports. The process involves a company increasing the number of its outstanding shares by a specific ratio, making the stock more affordable without lowering its value. Splits were more common 20 or 30 years ago, especially during the internet boom in the late 1990s. Read more about how a stock split works here. ?? James Callan

Provide your insights using #StockMarket: Can stock splits make investing more accessible to the everyday person?

Topics on the Rise

• Shein, Chinese-founded fast fashion retailer, has confidentially filed for a London listing in what could be one of the world's biggest initial public offerings of 2024.
• Thousands of U.S. auto dealerships could be paralyzed for days after their main software provider, CDK Global, was hit by back-to-back cyberattacks.
• According to the National Oceanic and Atmospheric Administration, there's a 50% chance 2024 will be the warmest year ever.

We’re all experts in something and we all have knowledge and experiences to share. Lean into exchanging information with like minds on the platform around a different topic each week.

This week's topic: Gen Z flocks to blue collar jobs?

Members of Gen Z are increasingly turning to blue collar jobs; the number of students enrolled in vocational-focused community colleges jumped 16% last year, according to the National Student Clearinghouse — the highest level since tracking began in 2018. Gen Z is? showcasing these professions by documenting their work and posting it on social media. Half a million TikTok posts included the hashtag #BlueCollar in the first four months of 2024, a 64% increase over a year earlier — and it’s paying off. Some skilled-trades influencers are making more money on TikTok than in their day jobs, writes The Wall Street Journal. Outside of social media, trade professions offer attractive pay on their own and a break from pricey four-year degrees.

Comment below: What impact will this shift have on the future of the workforce?

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You asked, we listened! Many of you said you wanted more content creation tips to help foster your LinkedIn journey. Our new “Content Corner” section will include tips, tricks and advice to help you along the way.

If you prefer sharing in-depth content with your community, you may have considered publishing an article or newsletter on LinkedIn. Here’s the lowdown on what makes an article vs. a newsletter, as one may be more suitable for your needs over the other. Articles: Your opportunity to go deeper on any subject, beyond what short-form posts allow. Each article is its own story; the format is ideal for addressing wide-ranging subjects that needn't be connected. Standalone articles don't receive automated in-app and email notifications, but they do get distributed to your network in the feed like all content.

Newsletters: Your best way of building a regular audience that keeps returning for content on a specific topic you are passionate about. Newsletters receive automated in-app and email notifications, keeping you connected with your audience so they don’t miss a publication.

Which method of longer-form publishing do you prefer? And which do you prefer to read as a subscriber/follower?

Your weekly dose of a newsmaker’s perspective on significant timely developments, shared first or only on LinkedIn.

Cyberattacks have, unfortunately, become almost a routine part of our digital lives. Last week was no different, as hackers who breached more than 150 corporations began demanding payments of up to $5 million from a group of the companies.

On LinkedIn, the CEO of Snowflake — the cloud-based data analytics firm whose customers were targeted in the attack — shared the latest findings behind the breach and the steps that the company is taking next.?Read his post here?— and for your own cybersecurity, take note of the importance of?multi-factor authentication?for all of your personal logins.

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