Shoplifter Shaming | WM Greeter Pens Book | Teen Workers Back
More teens are working. Here’s why a job is ‘becoming more compelling’ for them, economist says at CNBC. “Last month, more than 5.7 million 16- to 19-year-olds participated in the labor market, Bureau of Labor Statistics data shows, marking the highest teen employment rate in June since 2007. While data shows that this is still far below the more than 8 million teen workers recorded in the late ’70s, the figures show that teen employment has steadily grown over the past decade.” Read more
Petco has named former Five Below CEO Joel D. Anderson as its new CEO at Pymnts. “Before joining Five Below, Anderson served for three years as the president and CEO of Walmart.com and for four years as a divisional senior vice president at Walmart stores.” Read more
US buyers spent $7.2B on the first day of Amazon’s Prime Day sales event at TechCrunch. “Consumer spend in the U.S. for the first day of Amazon Prime Day recorded 11.7% year-on-year growth according to data by Adobe Analytics.” Read more
Meta in Talks to Buy Stake in Eyewear Giant EssilorLuxottica at WSJ. “By acquiring a stake in Paris-based EssilorLuxottica, Meta is aiming to build on the momentum of the Ray-Ban Meta’s success and build more devices together, the people said.” WSJ subs.
Walmart Has a New Vice President of Beauty at WWD/Yahoo. “Vinima Shekhar has been named the retail giant’s new vice president of beauty, according to an internal memo dated Tuesday from Silvia Kawas, executive vice president of consumables, obtained by WWD. Shekhar succeeds Creighton Kiper, who was promoted to senior vice president of the retailer’s home business.” Read more
Businesses around Amazon HQ are bustling, a year after tech giant’s return-to-office mandate at GeekWire. “Business owners and workers said the three-day mandate has “made a big difference,” that South Lake Union is a vibrant neighborhood once again…Amazon is now starting to track individual hours spent in the office for some employees and requiring a minimum of two hours per visit, Business Insider reported this week.” Read more
Walmart greeter pens book about people he’s met on the job at Standard Democrat. “…when his first wife, Shirley, died…he became depressed and began journaling…Warner said as a Christian, he decided to pray about his talent…Two weeks later, Warner was checking out at Walmart when the idea occurred to him. “I looked up and thought, ‘They are all in here; everybody has a story in here,’” Warner said.” Read more
Costco Could Lose $389 Million A Year On Its Rotisserie Chicken Change at Seeking Alpha
Costco’s bold new plan for the California housing crisis at SF Gate. “An approved upcoming Costco location in South Los Angeles (the Baldwin Village/Crenshaw area specifically) is slated to open in the coming years…the build would encompass not only the Costco store (and necessary parking) but a whopping 800 residential units, including 184 set aside specifically for low-income tenants.” Renderings/Read more
Buc-ee’s first Ohio travel center set to break ground this summer at MRT
Trendy Brooklyn vintage shop hit by shoplifters fights back with art installation of thieves’ photos at NY Post. “It definitely helps stop the repeat shoplifters. Usually the people who are on the wall do not come back…Ryu, 40, said of the artsy wall of shame…The worst repeat offender is shown in a photo sporting a yellow cap next to the Sharpie-penned phrase, “We got the winner!! If you know this person, you are the winner too!!” Read more/Pics
Bentonville apartments sell for $34 million to Walton brothers at Talk Business
Toys ‘R’ Us AI-generated ad sparks fear, fascination at Fox News. “In a move that’s turning heads in both the marketing and tech worlds, Toys “R” Us has partnered with creative agency Native Foreign to create a groundbreaking brand film. But this isn’t your average promotional video. It’s been crafted using OpenAI’s Sora, a text-to-video AI tool that’s pushing the boundaries of what’s possible in content creation.” Read more
2024 Best Places to Work for Disability Inclusion (Walmart/Target/Meijer/Etc.) List
Historic utility and high fashion. 80-year-old LL Bean staple finds a new audience as a trendy bag at AP. “The simple, sturdy canvas bag called the Boat and Tote is having an extended moment 80 years after its introduction, thanks to a social media trend in which they’re monogrammed with ironic or flashy phrases.” Read more
Discount furniture retail chain Conn’s HomePlus is considering a Chapter 11 bankruptcy filing at The Street
Home Depot Halloween – 12-foot Skelly gets a pet dog at USA Today. “Home Depot also has a new multi-setting eye kit and a new lighting kit for Skelly…The new kits are compatible with older Skelly models…Lance Allen, Home Depot’s senior merchant of decorative holiday, said the retailer wanted to enable existing Skelly owners to upgrade their setup without having to repurchase any products. “We are really focused on affordability this year,” he said.” Read more/Pics