Free Republic

“This store loses $25,000 a day to shoplifting,” an SFPD officer told the Globe in lengthy, taped interviews conducted this week. “That’s $25,000 that walks out the door on average between 9 and 6 every day.” (The Globe is redacting the officers’ names because of critical remarks made about Mayor London Breed and District Attorney Chesa Boudin that could potentially endanger their jobs.) “This store does between $80,000 to $120,000 in sales every day. And they lose 25 of it [meaning $25,000]. Even if they’re making 25% profit, the stealing takes that down to zero.” Asked if the presence of...

More than 100 House Republicans warned on Wednesday that President Biden’s multi-trillion dollar social spending bill is only likely to exacerbate the nation’s supply chain shortages. Rep. Sam Graves, the top Republican on the House Transportation Committee, and more than 100 other GOP lawmakers wrote in an open letter to the White House that Mr. Biden’s emphasis on tax hikes, creating new entitlement programs and imposing stringent environmental regulations would cripple the ability of businesses to respond to the blockages plaguing both consumer and industrial goods trapped in the supply pipeline. “Multiple factors have contributed to the nation’s supply chain...

Claim: Transportation Secretary Pete Buttigieg sought to put a positive spin on inflation on Sunday by pointing out that retail sales were up a lot in September and record high imports of goods were responsible for stressed supply chains. Verdict: Misleading.

Brief: • Retail workers in August walked out on their jobs at one of the highest rates in the nation, with a total 721,000 quitting that month, according to the latest numbers from the Bureau of Labor Statistics. • Their quit rate — which the Labor Department in its release said “can serve as a measure of workers’ willingness or ability to leave jobs” — was 4.7% in August, a high since April. In the wider labor market, the overall quitting rate rose to a series high 2.9%, while the rate of layoffs and discharges was little changed at 0.9%,...

A 'difficult customer' recently left a trail of destruction in its path at an electronics store in Chiang Mai, Thailand. TikTok user thanya292524's video showed on Sept 30. Busy on her phone, she couldn't react in time and was knocked down by the burly intruder. The woman, who appeared to be a staff at the store, got up immediately and fled the chasing animal by dashing out of its way. It is unknown where the buffalo came from. In the comments, concerned netizens left messages of support to the woman caught in the surprise attack. Thankfully, she replied that she...

Walgreens will close five more San Francisco stores, a company spokesperson confirmed Tuesday, citing ongoing organized retail crime as the reason.

The wild footage obtained by KNBC shows at least two thieves going on a shoplifting spree late Saturday at a Marshalls in Hemet, where one even used a wire cutter to slash security leashes on several pricey purses. Another shopper at the store, Lindsey Rodriguez, said one of the audacious thieves brazenly grabbed all the clothing he could carry before walking out without paying for anything. The Hemet resident said she saw three people in all stealing from the store within a 10-minute span. “People shopping there were just kind of standing there watching,” Rodriguez told the station. “The only...

Bed Bath & Beyond Inc. BBBY, -26.80% shares sank 17.1% in Thursday premarket trading after the retailer reported fiscal second-quarter profit and sales that missed expectations and gave guidance below Street consensus. Net loss totaled $73.2 million, or 72 cents per share, after net income of $217.9 million, or $1.75 per share, last year. Adjusted EPS of 4 cents was well below the FactSet consensus for 52 cents. Sales of $1.985 billion was down from $2.688 billion in 2020 and below the Factset consensus for $2.059 billion. Comparable sales fell 1%, which the company attributed to a decline in August...

Many items destined for retailer shelves this holiday season are hopelessly snarled in the global supply chain. What does that mean to shoppers?

Motherboard spoke to economists and historians about why fast food and retail workers around the country are suddenly quitting en masse. Something remarkable is happening in fast food establishments, retail stores, and restaurants across America. You may have seen photos of it go viral. You may have even experienced it in real life if you've dined at a Chili's or Applebee's and the hostess apologizes for extra-long wait times. “WE ALL QUIT, SORRY FOR THE INCONVENIENCE,” disgruntled employees posted in giant letters on a sign outside a Burger King in Lincoln, Nebraska earlier this month.

Sears and Kmart have pulled a t-shirt from their websites that referred to Ashli Babbitt, the woman who was shot and killed by a Capitol Police officer during the Jan. 6 Capitol riot, as an “American Patriot.” The shirt, which also included a faded black and white American flag, prompted backlash from social media users Tuesday after Vox’s Aaron Rupar tweeted a screenshot of the item of clothing, as well as the links to the product on Sears' and Kmart's websites. The 35-year-old Air Force veteran was captured in graphic footage being shot after attempting to climb through a broken...

According to the California Retailer's Association three cities in our state are among the top 10 in the country when it comes to organized retail crime--Los Angeles, San Francisco and Sacramento. Already we are seeing the negative impact it is having in San Francisco with stores permanently shutting down or closing early. It has become one of the most pressing issues in our city today. Target has now acknowledged that San Francisco is the only city in America where they have decided to close some stores early because of the escalating retail crime. For more than a month, we've been...

When Target announced that it was opening a store in Mondawmin, a predominantly Black neighborhood in Baltimore, a city struggling with crime and poverty, it seemed like a ticket to a turnaround. And from the start, it was a practical success and a point of community pride. The store, which opened in 2008, carried groceries, operated a pharmacy and had a Starbucks cafe — the only one in this part of Baltimore’s west side. People came from across the city to shop there, helping to soften the Mondawmin area’s reputation for crime and the looting that followed protests over the...

<p>It’s a funny meme that’s been circulating around in some capacity since around 2018, and it’s recently become far more popular as modern culture falls further and further into an absurd, shallow state where the truth is rejected for “my truth” and common sense is pushed out in favor of social trends. Oftentimes, you’ll see this meme paired with pictures of modern vs traditional art, structures, or even who we look to as examples to follow.</p>

Last week, our family’s 20 year old electric hand mixer died. We can’t complain; it lasted a long time, and got a lot of use. But it did mean that it was time to go shopping. Now, we do a lot of research on many of the products we buy; a cheap hand mixer, however, did not feel like it merited that kind of research. I just headed to Walmart, expecting to grab one and go. I was surprised by two things in this shopping trip: both a larger selection than I expected, and a narrower choice of countries of...

Aurora James was frustrated when she would go to stores and see a lack of Black-owned brands on shelves. It was out of that frustration that the fashion designer decided she needed to be a part of the solution by disrupting business as usual."I was so fed up as a woman and a woman of color, being disappointed by the choices that people or companies were making. But I also realized that I failed in a lot of ways to really ask for what I needed," James told CBS News' Michelle Miller.In the aftermath of George Floyd's killing, she took...

A New Albany, Ohio, music school offering piano, guitar and violin lessons racked up under nearly $1 million in loans and $35,000 in credit card debt. A fine dining restaurant in Providence, R.I., received more than $450,000 in federal small-business funds to help pay workers but still had to close its doors. A nonprofit overseeing the Kit Carson Home and Museum in Taos, N.M., welcomes visitors to learn about the famous frontiersman but listed just $17,000 in assets even after every bone-handled knife, buffalo hide apron and flintlock musket had been tallied. Nearly a year since coronavirus-related shutdowns began affecting...

UPDATE: February 23, 2021 at 9:27 p.m. PT: KRON4 has confirmed that Fry's Electronics is closing its doors permanently. The report states that the company is expected to post closure details on its site sometime on Wednesday. Fry’s Electronics has been a staple in the consumer electronics industry for a few decades now, and it would seem that it’s time has come. Some reports are starting to surface claiming that Fry’s Electronics is closing its doors for good as of February 23, 2021

SAN FRANCISCO, Calif. (KRON) – Fry’s Electronics is going out of business. KRON4 has confirmed that the iconic Bay Area retailer is permanently closing the doors of all stores nationwide. The company is expected to post closure information on its website early Wednesday.

Fry’s Electronics is going out of business. KRON4 has confirmed that the iconic Bay Area retailer is permanently closing the doors of all stores nationwide. The company is expected to post closure information on its website early Wednesday.