Bernie Marcus: An Entrepreneur’s Fight for America Bernie Marcus: An Entrepreneur’s Fight for America Published: November 4, 2023, 9:29 p.m. ET During my recent visit to Boca Raton, Florida, I had the privilege of sitting down with Bernie Marcus, the renowned entrepreneur, philanthropist, and advocate for free markets. Right from the start, Marcus made it …
Walmart’s crackdown on shoplifting at self-checkout counters has resulted in a surge of “hostile” encounters between employees and shoppers, according to a report. The retail giant has equipped its workers with anti-theft technology handheld devices to track purchases at self-checkout registers, as revealed by an Insider report. However, employees claim they haven’t received adequate training …
Elon Musk has weighed in on the recent wave of looting in Philadelphia, comparing it to scenes from the movie Joker and suggesting that “America is going full Joker.” Musk referred to an amateur video showing a group of young people stealing and vandalizing retail shops including Apple, Lululemon, and Foot Locker in the City …
Amazon’s Hardware Division Faces Challenges, Worker Morale Drops, New Devices in Development Amazon’s Hardware Division Faces Challenges, Worker Morale Drops, New Devices in Development Some workers within Amazon’s once-storied hardware division – responsible for popular devices like the Kindle reader and Echo voice-assistant – say morale within the division has suffered amid staff cutbacks and …
California is stepping up its efforts to combat smash-and-grab robberies happening throughout the state, with a budget allocation of $267 million. This funding will be used to support local law enforcement agencies in increasing patrols, purchasing surveillance equipment, and conducting various activities to tackle this issue. The announcement was made by officials from the California …
Fashion designer Marc Jacobs is currently in negotiations with the owners of 645 Fifth Ave. to establish a new flagship store, according to sources in the real estate industry. Marc Jacobs recently closed its Madison Avenue store and plans to relocate to Fifth Avenue. However, no official lease has been signed with the landlord of …
An Arson-Stricken Walmart in Atlanta Opens Police Workspace Inside Store to Tackle Shoplifting Epidemic In an effort to combat the rising shoplifting epidemic that has plagued big box chains, grocery stores, pharmacies, and other retailers, a Walmart in Atlanta that was previously set on fire by suspected arsonists is taking drastic measures. The Walmart grocery …
According to sources familiar with the matter, it has been reported by the Wall Street Journal that the Federal Trade Commission (FTC) may take legal action against Amazon later this month. This comes after the company failed to offer any concessions to settle antitrust claims. The lawsuit will specifically target Amazon’s logistics program, Fulfillment by …
Walgreens Boots Alliance CEO Rosalind Brewer has made the decision to step down from her position, according to the pharmacy chain operator. This comes less than three years after Brewer, a former executive at Starbucks, took on the top job at Walgreens. The departure of Brewer from the company was a mutual decision, according to …
Stores and restaurants are appealing to Congress for relief from exorbitant credit card transaction fees, and they present a compelling argument. Despite our supposedly sophisticated financial system, the fees that US retailers pay to accept credit cards, which amount to 2% to 3% of each transaction, are the highest in the world. Last month, Senators …