Best Buy Crashes As Margins Slide Due
To "Organized Retail Theft"
Posted By: AltaD, 11/23/2021 5:19:12 PM
Liberal socialist utopias such as California are a blessing for deadbeat klepto hobos from around the world thanks to the state's lack of prosecution of shoplifting, but the same policies are becoming a major headache for nationwide retailers such as Best Buy which this morning reported that despite beating on the top and bottom line (revenues of $11.9 billion vs expectations of $11.7BN, EPS of $2.08, beating est of $1.96), its margins missed(Snip)“We are seeing more and more particularly organized retail crime,” Chief Executive Officer Corie Barry said on a conference call with analysts. “You can see that pressure in our financials, and more
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
person likes this.
people like this.
people like this.
people like this.
people like this.
people like this.
person likes this.
person likes this.
person likes this.
people like this.
Below, you will find ...
Most Recent Articles posted by "AltaD"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by
AltaD"
Liberal socialist utopias such as California are a blessing for deadbeat klepto hobos from around the world thanks to the state's lack of prosecution of shoplifting, but the same policies are becoming a major headache for nationwide retailers such as Best Buy which this morning reported that despite beating on the top and bottom line (revenues of $11.9 billion vs expectations of $11.7BN, EPS of $2.08, beating est of $1.96), its margins missed(Snip)“We are seeing more and more particularly organized retail crime,” Chief Executive Officer Corie Barry said on a conference call with analysts. “You can see that pressure in our financials, and more
While Chicago Mayor Lori Lightfoot says that she respect’s the jury’s acquittal of Kyle Rittenhouse in his Wisconsin murder trial, she had some strong words for Judge Bruce Schroeder’s handling of the case, saying that the judge “put his thumb on the scale” with some of his actions during the trial. (Snip) “Why on Earth did that child have an AR-15, leave his home in Antioch, and think that he had the right to go up to another state to supposedly protect a city?” she said.(Snip)“He had no business being there. None,” she added.
In a recent Facebook post, the mayor of suburban Naperville says that he would support a removal of the state of Illinois’ mask mandate, even as COVID cases have continued to rise in recent weeks.
Naperville Mayor Steve Chirico points to the fact that Illinois is the only state in the Midwest that still has a mask mandate on the books,(Snip)He goes on to argue that masks have a “minimal, if any,” impact on the spread of the coronavirus.
“Fact: Illinois is the only Midwestern state that currently requires a mask, and yet as of today, we are no better off than the surrounding states,”
CVS Health will close hundreds of drugstores over the next three years, as the retail giant adjusts to changing customer needs and converts to new store formats.
The company said Thursday that it will close about 300 stores a year for the next three years, nearly a tenth of its roughly 10,000 retail locations as it reduces store count density in some places.
The company said Thursday that it has been evaluating population changes, customer buying patterns and future health needs to “ensure it has the right kinds of stores in the right locations.”(Snip) explosive growth of online shopping has blunted the demand for such in-person convenience.
Crypto investors are raising millions
to buy a copy of the Constitution at a
Sotheby’s auction 7 replies
to buy a copy of the Constitution at a
Sotheby’s auction 7 replies
Sotheby’s is auctioning off an extremely rare and historic first-edition printing of the U.S. Constitution, and crypto investors are pooling millions of dollars worth of ether to buy it.
An organization known as ConstitutionDAO is raising the money using a digital crypto wallet with the aim of crowdsourcing enough funds to make the winning bid when the document hits the auction block on Thursday night.
The foundational text is valued at $15 million to $20 million. Since launching five days ago, the group has thus far raised 967 ether, or $4.3 million.
The exercise offers some of the first practical insight into how crypto infrastructure can be used to facilitate fractional ownership
The second-ranking general in the US military has sounded the alarm about China’s weapons development — warning that Beijing may soon have the capability to launch a surprise nuclear strike against America.
“They look like a first-use weapon,” Gen. John Hyten, the vice chairman of the Joint Chiefs of Staff, told CBS News Tuesday. “That’s what those weapons look like to me.” (Snip) “From a technology perspective, it’s pretty impressive,” he said. “But Sputnik created a sense of urgency in the United States … The test on July 27 did not create that sense of urgency. I think it probably should create a sense of urgency.”
In September, the Biden Administration released back to Russia the world’s most dangerous cybercriminal, Alexei Burkov, after Trump’s Justice Department had taken great pains to extradite him from Israel. (Snip) Instead of serving a maximum sentence of 15 years in US prison, the cyber criminal was deported to his native Russia.
Russian cyber criminals like Burkov have extorted millions of dollars in ransom from US businesses in return for unlocking infected computer networks. But the main value of highly-skilled cyber criminals like Burkov for Russian President Putin is not how much ransom he can gain, but rather, what these hackers can do for their country.
Billionaire Citadel founder Ken Griffin
says he'll go 'all-in' to defeat Dem Illinois
Gov. Pritzker 6 replies
says he'll go 'all-in' to defeat Dem Illinois
Gov. Pritzker 6 replies
Call it the battle of the billionaires. Ken Griffin, the Chicago billionaire who runs hedge fund giant Citadel and owns the enormous market-making firm Citadel Securities, says he’s "all-in" to back a candidate to try and defeat fellow billionaire and Democratic Gov. J.B. Pritzker of Illinois."I’m going to make sure that if he runs again, that I am all-in to support the candidate who will beat him," Griffin said Wednesday during comments he made at the DealBook Online Summit hosted by The New York Times. "He doesn’t deserve to be the governor of our state. "Griffin, a longtime foe of Pritzker, charged that the governor "called me a liar
Morgan Wallen says he’s “blessed” despite losing out on a Country Music Association award and being banned from the awards show, which was held in Nashville on Wednesday night. (Snip) CMA organizers barred Wallen from attending the glitzy ceremony but still allowed his sophomore record, “Dangerous,” to be nominated in their Album of the Year category.
“Dangerous” was the highest-selling record among those nominated, but the crooner lost out to Chris Stapleton’s album “Starting Over.”Last week, Wallen took a swipe at the CMA Awards after his ban from the show was announced.
“PSA: Everyone is welcome to attend my shows,” he tartly wrote on Twitter.
American households are coping with the fastest price increases in more than three decades, with the cost of everything from cars to gasoline to food surging in October, the Labor Department reported Wednesday.
The consumer price index, which measures a bevy of goods ranging from gasoline and health care to groceries and rents, jumped 6.2% from the year-ago period – the highest since December 1990.(Snip)The increases were most pronounced for different meats, with staggering year-over-year increases for steak (24%), bacon (20%), pork chops (16%), fish (11%) and chicken (9%). Egg prices climbed 12% compared to last year, while milk and coffee were both up 6%.
Last week, the United Kingdom approved a new antiviral pill (molnupiravir). Studies show the drug reduces the risk of hospitalization and death among high-risk COVID patients by half. U.S. taxpayers funded molnupiravir’s development. Yet the U.S. Food and Drug Administration isn’t even meeting to consider approval until Nov. 30.
Molnupiravir is the latest example of the FDA denying patients their most important health care right — the right to make their own health decisions — by prohibiting them from getting drugs that have received approval in other advanced countries.(Snip)Between 2000 and 2010, the FDA blocked U.S. patients from accessing a total of 37 novel drugs available in Canada and Europe.
As our Jennifer O’Connell reported earlier today, California Gov. Gavin Newsom (D-French Laundry) hasn’t been seen in public since October 27, the day he received his COVID-19 vaccine booster. Newsom was scheduled to fly to Glasgow to attend the COP26 climate change conference two days later, but his trip was abruptly canceled. Initially some speculated that perhaps he realized how silly it was to fly across the globe to speak at a climate change conference when he could simply participate virtually.(Snip) Newsom planned to fly to Glasgow to advocate for ending the use of fossil fuels, but ended up enjoying every luxury possible – thanks to Big Oil money.
Most Active Articles (last 48 hours)
President Joe Biden promoted his efforts to lower gas prices on Tuesday, but he reminded Americans they would save more money on gas if they owned electric cars.
“For the hundreds of thousands of folks who bought one of those electric cars, they’re going to save $800 to $1000 in fuel costs this year,” Biden said, referring to the $112,595 electric Hummer pickup he test drove at a General Motors factory in Detroit earlier this month.
The president appeared frustrated that some Americans continue blaming his environmental agenda for higher gas prices, dismissing it as a “myth.”
“My effort to combat climate change
A leaked memo from the Department of Health and Human Services (HHS) reveals plans by the Biden administration to make changes to Americans' First Amendment rights and other religious liberty protections.
The internal memo describes plans to "sign delegation of authority on the Religious Freedom Restoration Act (RFRA) and religion clause of the First Amendment" to the Office for Civil Rights (OCR).
It's a move that Oklahoma Republican Sen. James Lankford believes will undo religious liberty protections and disregard the First Amendment.
While Chicago Mayor Lori Lightfoot says that she respect’s the jury’s acquittal of Kyle Rittenhouse in his Wisconsin murder trial, she had some strong words for Judge Bruce Schroeder’s handling of the case, saying that the judge “put his thumb on the scale” with some of his actions during the trial. (Snip) “Why on Earth did that child have an AR-15, leave his home in Antioch, and think that he had the right to go up to another state to supposedly protect a city?” she said.(Snip)“He had no business being there. None,” she added.
Viewing America from outside the country adds a semi-neutral perspective on news and events. I’ve been told there’s value in hearing an outside viewpoint about people more intimately tied to the emotional maelstrom of unfolding events. Conversely, I find it helpful to receive information from people in the know, which adds to the volume and depth of my research. When it comes to Kamala Harris’s floundering, I’ve been hearing shocking gossip. I received this gossip directly from a Washington insider, It will be difficult to confirm until it happens, if it happens.
Former Secretary of State Hillary Clinton said Tuesday on MSNBC’s “The Rachel Maddow Show” that former President Donald Trump supporters feared “civil rights and human rights, the cultural changes.”Clinton said, “I do think that we are facing a crisis of democracy, a crisis of legitimacy, a crisis that really goes to the heart of what the future of our country and many others around the world will be. So I spend my time trying to figure out what we can do about it. I am not ever going to give up because there’s just too much at stake.”She continued, “I think that the role of disinformation, the way that propaganda
Liberal college professor Heather Cox Richardson suggested in an article published Tuesday that President Biden "declare war" on Republicans in an effort to combat what she claimed was the party's move towards authoritarianism.
British experts have sounded the alarm over a new Covid variant believed to have emerged in Botswana that is the most mutated version of the virus yet. Only 10 cases of the strain, which could eventually be named 'Nu', have been detected so far. But it has already been spotted in three countries, suggesting the variant is more widespread. It carries 32 mutations, many of which suggest it is highly transmissible and vaccine-resistant, and has more alterations to its spike protein than any other variant.(Snip)Dr Tom Peacock, a virologist at Imperial College who first picked up on its spread, described the variant's combination of mutations as 'horrific'.
Donald Trump has all but formally announced his intentions to run for the presidency again in 2024, and his team is honing in on taking back five states Biden won in 2020 that he'd won in 2016. The former president's shadow campaign team polled Arizona, Georgia, Michigan, Pennsylvania and Wisconsin, all of which were decided in favor of President Biden by 3 percentage points or less. The team found that in Georgia, Trump would be ahead by 3 points, 8 points in Arizona, 12 points in Michigan, 6 points in Pennsylvania and 10 points in Wisconsin, if the race were held today.Together, the states represent 73 electoral votes.
Disgusting: Salvation Army Wants White
Donors To Offer A “Sincere Apology”
For “Systemic” Racism. 36 replies
Donors To Offer A “Sincere Apology”
For “Systemic” Racism. 36 replies
What was founded in 1865 in London, England, as both a protestant Christian church and an international charitable organization, the Salvation Army has now embraced Critical Race Theory.Its first “red kettle” was set up in Oakland, California in 1891 and since then millions of people have dropped coins and bills into their kettles while a smiling person repeating ” Merry Christmas” rings a handheld bell perpetually.Unfortunately, this Christian organization, like many others who have drifted away from the sole purpose of advancing the Gospel, is now embracing racist ideology peddled by anti-white activists including Ibram Kendi.
Biden to release 50M barrels of oil from
Strategic Petroleum Reserve amid gas price spike 36 replies
Strategic Petroleum Reserve amid gas price spike 36 replies
President Biden said the Department of Energy will release 50 million barrels of oil held in the U.S. Strategic Petroleum Reserve, as Americans pay more for gas now than they have in years.China, India, Japan the Republic of Korea and the United Kingdom will likewise tap their reserves in a coordinated effort to drive down prices.Of the 50 million barrels, 32 million will be released but eventually returned to the Strategic Petroleum Reserve in the next few years, the White House said. The remaining 18 million barrels are part of a sale that Congress has already authorized; the White House said it was accelerating the release of that sale.
Two members of the Democratic Party ‘squad’ are touting their views in favor of abolishing federal prisons and quashing ‘excessive bail’ just a day after a convicted felon who was out on bail mowed down scores of people with his SUV in suburban Milwaukee, killing five. House Rep. Alexandria Ocasio-Cortez provoked rage on social media on Monday for demanding answers on ‘excessive bail’ that is imposed by prosecutors in New York City on Monday. Meanwhile, fellow ‘squad’ member House Rep. Rashida Tlaib, the Democrat from Michigan, had trouble explaining her support for a law
College Students Shocked by Thanksgiving
Inflation Admit Americans Were Better
Off Under Trump 34 replies
Inflation Admit Americans Were Better
Off Under Trump 34 replies
Students in Washington, DC were shocked to hear about this year’s Thanksgiving inflation, and said that Americans were better off under former President Donald Trump.Campus Reform‘s Addison Smith talked to students in Washington, DC about reports that 2021 could be the most costly Thanksgiving dinner in American history, amid skyrocketing inflation.When asked if the students have heard or thought about rising inflation ahead of this year’s Thanksgiving, many of them said they have not.