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Tag: Retail
Whole Foods Founder Hails Bezos As ‘Retail Genius’
From ‘Whole Paycheck’ To Whole New Strategy: Whole Foods Founder Hails Bezos As ‘Retail Genius’ Whole Foods founder John Mackey has praised Amazon founder Jeff Bezos for his strategy, making the supermarket chain even more successful. He has also called him a “retail genius.” Here’s what went down. Don’t Miss: Before Bezos and Amazon acquired […]
Major retailer speaks out against NY bill requiring panic buttons in retail stores. Why?
A bill passed by the New York legislature last week intended to increase retail worker safety and prevent workplace violence is causing a stir, as one major retailer has already said it heartily opposes it. In a certain section of the Retail Worker Safety Act, which has yet to be signed into law by Gov. […]
GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
(Reuters) – GameStop said on Tuesday it had completed an “at-the-market” equity offering of its shares to raise roughly $2.14 billion in gross proceeds, days after meme stock influencer Keith Gill’s first livestream in three years. Shares of the videogame retailer, which has been at the center of the meme stock frenzy, rose more than […]
GameStop raises $2.14 billion amid Roaring Kitty-fueled retail trading frenzy
(Reuters) – GameStop said on Tuesday it had completed an “at-the-market” equity offering of its shares to raise roughly $2.14 billion in gross proceeds, days after meme stock influencer Keith Gill’s first livestream in three years. Shares of the videogame retailer, which has been at the center of the meme stock frenzy, rose more than […]
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California Democrats cry ‘hogwash’ on Republican criticism of retail theft bills, Prop. 47
California Democratic leaders on Monday pushed back against criticism from Republicans over their handling of a series of bills that would tighten penalties on retail theft crimes. “To our Republican colleagues who oppose our public safety and retail theft solutions, I ask them this: What do you all stand for?” said Assembly Speaker Robert Rivas, […]
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California Democrats threaten to repeal retail theft bills over Prop. 47 changes, angering GOP
California Democrats are facing blowback from Republicans over amendments to a package of retail theft bills that would void them if voters approve a ballot measure changing portions of Proposition 47. Assembly Republican leader James Gallagher of Yuba City and Senate Minority Leader Brian Jones of San Diego on Thursday sent a letter to Assembly […]
Retail company in California using body-worn cameras to deter shoplifters
A surge in flash mob robberies and shoplifting at retail stores across Southern California has some companies getting creative with security, and now customers may notice some employees at shops sporting body-worn cameras. Retail security employees at clothing outlets like TJ Maxx, Marshalls and HomeGoods are now wearing body cameras, similar to law enforcement officers, […]
ETFs to Tap on NVIDIA’s 10-for-1 Stock Split Retail Frenzy
NVIDIA NVDA has been on a solid run with no signs of a slowdown. After blockbuster results, the AI chipmaker is making a series of new record highs on the upcoming 10-for-1 stock split, which will make its shares more affordable to a wider range of investors, including the ones who make small trades, and […]
Suspects arrested for series of retail thefts targeting Southern California stores
Two suspects were arrested for allegedly stealing thousands of dollars worth of merchandise from Southern California retailers. The suspects were identified as Miguel Rosales, 40, from Azusa and Iveth Carrion, 39, from Whittier, according to the San Bernardino County Sheriff’s Department. Between September 2023 and May 2024, the pair targeted retailers owned by TJX Companies […]