Target Cites Retail Theft for Store Closures, But Crime Stats Paint a Complex Picture
Target’s recent announcement of store closures attributed to theft raises questions, as crime data doesn’t fully support this claim. While incidents…
Author: Alicia Thorpe
Steady Demand Prompts PepsiCo’s 2023 Profit Upgrade Amid Planned Price Hikes
PepsiCo has announced plans for “modest” price increases in the coming year, despite already implementing several hikes, as steady demand boosts…
Amazon Workers in UK Warehouse to Strike on Black Friday Over Pay Dispute
Over 1,000 workers at an Amazon warehouse in Coventry, UK, are set to strike for four days in November, including on…
Walmart Expands Virtual Healthcare for Employees Across the US, Aims to Cut Costs
Walmart, the largest employer in the US, is extending its virtual healthcare services to cover approximately 1 million workers and their…
Amazon Explores Partnership With Waitrose in UK Grocery Market
Amazon is reportedly in talks with Waitrose, a prominent UK supermarket chain, hinting at a potential partnership. Waitrose has seen a…
Philanthropic Pioneer and Retail Entrepreneur Charles Feeney Dies at 92
Charles “Chuck” Feeney, the philanthropic entrepreneur who built a multibillion-dollar fortune and then gave it all away, has passed away at…
EU Considers Applying New Tech Rules to Microsoft’s Bing and Apple’s iMessage
EU antitrust regulators are seeking input from Microsoft users and competitors regarding whether Bing should be subject to new stringent tech…
Softbank’s Strategic AI Investment: Symbotic’s Warehouse Revolution Targets $500 Billion Market
Softbank, known for its big AI investments, has quietly made substantial gains with its partnership in Symbotic, a company providing AI-powered…
Mexican Spirits and Beers Dominate the US Market
Mexican liquors and beers have experienced a significant surge in popularity among U.S. consumers, capturing a substantial share of the alcoholic…
Pastor Accused of Running $3 Million Organized Retail Theft Ring With Stolen Goods From Home Depot
A pastor running a drug recovery program was allegedly behind a Florida-based organized retail crime ring that has sold $3 million…
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