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Keyword: retail

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  • Retail-to-Industrial Conversions: Revolution or Niche Trend?

    10/10/2019 2:01:31 PM PDT · by 2ndDivisionVet · 5 replies
    JD Supra ^ | October 10, 2019 | Daniel Rottenberg and James Shipe
    It may have been unthinkable ten to fifteen years ago, but the shift in consumer shopping patterns from brick-and-mortar stores to online platforms has resulted in the emergence of retail-to-industrial conversions over the past few years. With lower demand for retail space in many markets, several developers and major retailers have seized on the opportunity to convert defunct or underperforming malls and big-box stores into warehouse and logistics space for their operations. The trend has been most noticeable in regions where the median household income is below the national average, offering a workforce that demands relatively lower wages, and where...
  • Dick's Sporting Goods CEO says company destroyed $5 million worth of weapons

    10/08/2019 7:36:33 AM PDT · by rightwingintelligentsia · 43 replies
    Fox News ^ | October 7, 2019 | Louis Casiano
    The CEO of Dick's Sporting Goods said the company destroyed more than $5 million worth of assault-style rifles following its decision to stop selling the weapons amid pressure on retailers from gun control groups. Ed Stack told CBS News during an interview that aired Sunday that the millions of dollars worth of inventory was turned into scrap metal. "I said, 'You know what? If we really think these things should be off the street, we need to destroy them,'" he said. It was not clear how much destroying the weapons cost the sporting goods giant. Stack announced the Coraopolis, Pennsylvania-based...
  • Dick’s CEO Says They Destroyed $5M Worth Of Assault Rifles

    10/07/2019 7:21:54 PM PDT · by E. Pluribus Unum · 80 replies
    The Washington Times ^ | October 7, 2019 | Alicia F. Luke
    Dick’s Sporting Goods CEO Ed Stack told CBS News that his company destroyed $5 million worth of “assault-style rifles” to keep them out of private hands. Ed Stack told CBS News during an interview that the millions of dollars worth of inventory was turned into scrap metal. “I said, ‘You know what? If we really think these things should be off the street, we need to destroy them.” The Hill: The CEO of Dick’s Sporting Goods says that after the company made the decision to no longer sell assault-style rifles, more than $5 million worth of the weapons were destroyed....
  • Forever 21 files for bankruptcy and will close up to 350 stores after [tr]

    09/30/2019 6:31:29 AM PDT · by C19fan · 19 replies
    UK Daily Mail ^ | September 30, 2019 | Isabella Nikolic
    Global fast-fashion retailer Forever 21 announced it was filing for voluntary bankruptcy yesterday. The move will see the retailer close up to 350 of its stores worldwide, including up to 178 in its main US market. The Chapter 11 filing is a 'deliberate and decisive step to put us on a successful track for the future', the firm said in a statement.
  • California shocked to find bill decriminalizing retail theft resulted in… more retail theft

    09/27/2019 7:02:27 AM PDT · by lowbridge · 68 replies
    Hot Air ^ | September 26, 2019 | JAZZ SHAW
    A few years ago, California passed one in a series of bills aimed at emptying the jails and prisons. Proposition 47carried the disingenuous name of “the Safe Neighborhoods and Schools Act and its stated purpose was to keep non-violent offenders out of jail. To achieve this goal, the state decriminalized a number of lesser offenses, including retail theft. The law raised the value of the amount of merchandise someone could steal while still only being charged with a misdemeanor to nearly one thousand dollars. To the great surprise of the government, people noticed this change and began taking advantage of it. They...
  • Walmart to stop selling electronic cigarettes at its stores

    09/20/2019 11:40:04 AM PDT · by GIdget2004 · 35 replies
    ABC News ^ | 09/20/2019 | ANNE D'INNOCENZIO
    Walmart says it will stop selling electronic cigarettes at its namesake stores and Sam's Clubs following a string illnesses and deaths related to vaping. The nation's largest retailer said Friday that it will complete its exit from e-cigarettes after selling through current inventory. It cited growing federal, state and local regulatory complexity regarding vaping products.
  • Man Banned Nationwide After Openly Carrying In Walmart

    09/11/2019 10:54:00 AM PDT · by real saxophonist · 105 replies
    YouTube ^ | Sep 10, 2019 | Colion Noir
    Recently Walmart banned a man from all of their stores' nationwide for open carrying in a Kentucky Walmart after someone called the police to say that an armed man was inside the store acting suspiciously. 7 minute video
  • Walmart Sells Out

    09/10/2019 9:47:44 AM PDT · by Impala64ssa · 14 replies
    You Tube ^ | 9/7/19 | Kaitlin Bennett
    The corporate giant sold out to the highest bidder.
  • Why Hornady Stopped Selling Ammunition to Walmart 12 Years Ago

    09/10/2019 8:33:00 AM PDT · by servo1969 · 27 replies
    Recoil Magazine ^ | 9-8-2019 | Candice Horner
    When Walmart made its most recent decision to flip the firearms industry the bird by changing multiple policies, Hornady Manufacturing reminded all of us that they stopped doing business with the retail giant back in 2007. Jason Hornady's quote from 2007, shows that the company sticks to its values and doesn't shy away from making tough decisions. Jason is the vice president of Hornady, and we were able to pick his brain about his past dealings with Walmart and what he thinks the effects will be from Walmart's decision. RECOIL: Why did Hornady decide to stop selling to Walmart back...
  • Walgreens, Wegmans, CVS ask customers not to open carry firearms in stores

    09/05/2019 12:34:28 PM PDT · by GIdget2004 · 145 replies
    AJC.com ^ | 09/05/2019 | Jamie Dupree
    After Walmart and Kroger earlier this week urged customers not to openly carry firearms in their stores, drug store giants Walgreens and CVS, along with the Wegmans Food Markets announced Thursday that they were joining in making the same request, continuing a movement among major stores concerning gun violence. "We are joining other retailers in asking our customers to no longer openly carry firearms into our stores other than authorized law enforcement officials," Walgreens stated. "We join a growing chorus of businesses in requesting that our customers, other than authorized law enforcement personnel, do not bring firearms into our stores,"...
  • CVS Health Updates Firearms in Stores Policy

    09/05/2019 12:30:04 PM PDT · by GIdget2004 · 72 replies
    twitter ^ | 09/05/2019 | CVS on twitter
    A message from CVS Health" "We support the efforts of individuals and groups working to prevent gun violence, and continually review our policies and procedures to ensure our stores remain a safe environment. We join a growing chorus of businesses in requesting that our customers, other than authorized law enforcement personnel, do not bring firearms into our stores."
  • Where Walmart leads on guns, will others follow? (barf alert)

    09/05/2019 6:08:32 AM PDT · by rellimpank · 25 replies
    Chicago S-T ^ | 5 sept 2019
    Why is Walmart doing the right thing? Because you, the average American fed up with the stupidity of our nation’s gun laws, want Walmart to do the right thing. Good luck trying to get Congress to enact even the most widely supported gun reforms. Congress does not answer to you. Congress answers to the gun lobby, with its tens of millions of dollars to throw around. It answers, as well, to a relative minority of gun-defending extremists who control Republican primaries in red states and — thanks to gerrymandering — congressional districts. But Walmart, in its way, answers to you....
  • Walmart Bans The Sale of Ammo & Open Carry

    09/05/2019 6:14:38 AM PDT · by real saxophonist · 31 replies
    YouTube ^ | Sep 4, 2019 | Colion Noir
    Let me start by saying this, Walmart as a company is free to do whatever it wants to do. This doesn’t mean what it does can't be called stupid but they can do sell or not sell whatever they want. However, I will say if you’re going to virtue signal, don’t half-ass it.6 minute video.
  • Kroger joins Walmart in asking shoppers not to openly carry guns in stores

    09/03/2019 5:07:40 PM PDT · by John W · 84 replies
    CNBC.com ^ | September 3, 2019 | Lauren Thomas
    Kroger on Tuesday followed Walmart in asking shoppers not to openly carry guns in any of its stores, in states where “open carry” is allowed, unless they are authorized law enforcement officers. The announced changes come amid a wave of deadly shootings in the U.S., including two at Walmart stores this summer. Both companies are also calling on the government to strengthen background checks. “Kroger is respectfully asking that customers no longer openly carry firearms into our stores, other than authorized law enforcement officers,” Jessica Adelman, group vice president of corporate affairs, said in an emailed statement. “We are also...
  • NRA slams Walmart for caving to 'anti-gun elites' after retailer ends handgun ammo sales

    09/03/2019 4:33:09 PM PDT · by familyop · 79 replies
    CNBC ^ | September 3, 2019 | Tucker Higgins
    The National Rifle Association slammed retail giant Walmart..."The strongest defense of freedom has always been our free market economy. It is shameful to see Walmart to succumb to the pressure of the anti-gun elites," the influential gun rights group wrote in a statement. "Lines at Walmart will soon be replaced by lines at other retailers who are more supportive of America's fundamental freedoms," the statement said.
  • Walmart plans to dramatically step back from ammunition sales after ‘horrific’ shootings

    09/03/2019 5:50:54 PM PDT · by one4perl · 105 replies
    CNBC ^ | 9/3/2019 | Lauren Thomas
    Walmart said Tuesday it will discontinue all sales of handgun ammunition and sales of short-barrel rifle ammunition that can be used with military-style weapons, following two “horrific” shootings at Walmart stores this summer. It will also stop all handgun sales in Alaska, marking its complete exit from the handguns category. The biggest retailer in the world also is asking customers at Walmart and Sam’s Club to no longer openly carry firearms in stores, in states where “open carry” is allowed, unless they are authorized law enforcement officers. Open carry legislation is currently on the books in more than 26 states,...
  • Walmart to end most ammo sales

    09/03/2019 10:49:23 AM PDT · by mikelets456 · 120 replies
    Fox news ^ | 9/3/2019 | Fox
    Walmart is set to end sales of handguns in Alaska and will discontinue the sale of short-barrel rifle and handgun ammunition in stores nationwide, the super chain's president and CEO announced Tuesday afternoon.
  • Retailers howl as U.S. trade agency locks in 15% tariffs on September 1

    08/28/2019 7:19:35 PM PDT · by mdittmar · 20 replies
    Reuters ^ | August 28,2019 | David Lawder, Rajesh Kumar Singh
    WASHINGTON/DECATUR, Ill. (Reuters) - The Trump administration on Wednesday made official its extra 5% tariff on $300 billion in Chinese imports and set collection dates of Sept. 1 and Dec. 15, prompting hundreds of U.S. retail, footwear, toy and technology companies to warn of price hikes.
  • Walmart call center opens in Springdale; glimpse of retailer’s ‘next generation’ (Arkansas)

    08/20/2019 7:49:47 PM PDT · by 2ndDivisionVet · 15 replies
    Talk Business & Politics ^ | August 14, 2019 | Paul Gatling
    The construction of Walmart’s new corporate campus in Bentonville will take years to be achieved, and is just now in the early stages of development. On Wednesday (Aug. 14), company officials provided a glimpse into what some elements of that design may one day look like. Walmart held a grand opening for its new contact center at 2800 S. Thompson St. in Springdale. Employees have been working there for the past three weeks, following the completion of a massive remodel of a 130,000-square-foot building that was once a Sam’s Club store. It was most recently a layout center for Sam’s...
  • Dick's Sporting Goods is testing if it should stop selling guns

    08/20/2019 7:40:10 AM PDT · by rightwingintelligentsia · 87 replies
    CNN Business ^ | August 20, 2019 | Chris Isadore
    New York (CNN Business)Dick's Sporting Goods considered stopping all gun sales in early 2018. A shooting at the high school in Parkland, Florida, had killed 17 people. And the company was shocked into action. "We did have a conversation about that," CEO Ed Stack told CNN Business earlier this year. "At the time we felt it was a part of our DNA and we should stay in it. So many people in the country are law-abiding citizens who use firearms to hunt, to use from a recreation standpoint. We didn't think it was right to exit the business completely." That...