Which retail mascot underwent a significant 'modernization' redesign in 2019 that eliminated its bow tie and added a more minimalist appearance as part of a larger corporate rebranding strategy?

In the competitive retail landscape, brand mascots often undergo strategic redesigns to stay relevant while maintaining brand recognition. These mascots represent billions in brand equity and their changes are carefully calculated business decisions. This trivia tests your knowledge about significant mascot transformations that reflected changing market conditions, consumer preferences, or corporate rebranding initiatives in major retail companies.

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Pringles' Mr. P
Planters' Mr. Peanut
KFC's Colonel Sanders
Monopoly's Rich Uncle Pennybags