Target CEO: We're seeing 'violent' incidents
in our stores, and it's costing us millions
Posted By: NorthernDog, 5/17/2023 12:46:17 PM
Target (TGT) has become a target for major thefts, and it's taking a huge chunk out of profits. The retailer estimated in its earnings release Wednesday that inventory shrinkage — mostly the theft of merchandise — would clip profits by a whopping $500 million this year. Factoring in an about $700 million profit hit from inventory shrinkage in 2022, Target is on pace to see $1.2 billion in profits go up in smoke, due primarily to organized retail crime. Target Chairman and CEO Brian Cornell says the problem is getting worse, is nationwide, and across various merchandise departments. "The unfortunate
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NorthernDog"
WASHINGTON — The Pentagon has overestimated the value of the weapons it has sent to Ukraine by at least $3 billion — an accounting error that could be a boon for the war effort because it will allow the Defense Department to send more weapons now without asking Congress for more money. The acknowledgment Thursday comes at a time when Pentagon is under increased pressure by Congress to show accountability for the billions of dollars it has sent in weapons, ammunition and equipment to Ukraine and as some lawmakers question whether that level of support should continue. It also could free up
The oldest member of the US Senate contracted encephalitis, a brain inflammation, her office has said, after a bout of shingles that left her unable to sit on key committee. Dianne Feinstein, 89, also developed Ramsay Hunt syndrome, which can cause facial paralysis, her office said. The encephalitis resolved itself, but she continues to deal with Ramsay Hunt syndrome, the statement said. She returned to Washington on 10 May after nearly three months of absence. The California Democrat was admitted to hospital after being diagnosed with shingles in late February and recovered at home in San Francisco. Her spokesman
One of the most vocal bystanders as a Minneapolis police officer murdered George Floyd three years ago is suing the city, alleging he was assaulted and suffered emotional distress as he witnessed the handcuffed Black man beg for his life, go limp and stop breathing. Donald Williams of Minneapolis filed the lawsuit Tuesday in Hennepin County District Court. (Snip) Because of the officers’ conduct, William has endured emotional distress, pain, suffering, humiliation, embarrassment and medical expenses, according to the lawsuit. A city spokesperson told The Associated Press in an email Wednesday that the City Attorney’s Office does not have a
Fox News Shoots Down Rumors From ‘Left
Wing Activists’ That Laura Ingraham
Is Getting Fired 10 replies
Wing Activists’ That Laura Ingraham
Is Getting Fired 10 replies
Fox News released a statement on Wednesday blasting “left wing activists” who took to Twitter and reported that the network planned to fire prime time host Laura Ingraham after Matt Drudge’s eponymous news aggregation site reported on a prime time shake-up at the network. The Drudge Report dropped a siren-blaring headline on Wednesday morning, teasing major scheduling changes at the long-dominant cable news network. The site eventually reported that Sean Hannity would take over Tucker Carlson’s old 8 p.m. time slot and that hosts Jesse Watters and Greg Gutfeld would also be moved to prime time. A Fox News spokesperson
A Washington Post reporter admitted Wednesday to passing along a misquote of Sen. John Fetterman, D-Pa., from the lawmaker's office that drastically cleaned up his actual remarks. Economics reporter Jeff Stein took criticism for tweeting that Fetterman had asked Silicon Valley Bank ex-CEO Greg Becker, "Shouldn't you have a working requirement after we bail out your bank? Republicans seen to be more preoccupied with SNAP requirements for hungry people than protecting taxpayers that have to bail out these banks." However, Fetterman, still suffering speaking and cognitive issues from a stroke he had a year ago, was much less clear in
Target (TGT) has become a target for major thefts, and it's taking a huge chunk out of profits. The retailer estimated in its earnings release Wednesday that inventory shrinkage — mostly the theft of merchandise — would clip profits by a whopping $500 million this year. Factoring in an about $700 million profit hit from inventory shrinkage in 2022, Target is on pace to see $1.2 billion in profits go up in smoke, due primarily to organized retail crime. Target Chairman and CEO Brian Cornell says the problem is getting worse, is nationwide, and across various merchandise departments. "The unfortunate
While appearing at the 34th annual GLAAD Media Awards over the weekend, White House press secretary Karine Jean-Pierre insisted that trans kids are "our kids" and "belong to all of us" in response to what she called "anti-LGBTQ+ legislation." Speaking with the website Jezebel at the event on Saturday, Jean-Pierre, who identifies as "queer," talked about the importance of representation and visibility for young people. She also insisted that there needed to be more moments to "call out" Republican legislation for the sake of trans children. "There are more than 600 pieces of anti-LGBTQ+ legislation out there. A few hundred
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Sen. Markey introduces bill to pack Supreme
Court, claims two Justices ‘have no
right to be there’ 18 replies
Court, claims two Justices ‘have no
right to be there’ 18 replies
Democratic Massachusetts Sen. Ed Markey introduced a bill to pack the Supreme Court on Tuesday, claiming during a press conference on the legislation that Justices Neil Gorsuch and Amy Coney Barrett have “no right” to be on the Court. Markey’s Judiciary Act of 2023, which pro-abortion groups Planned Parenthood and NARAL Pro-Choice America endorsed, would add four seats to the Supreme Court. During his press conference on the Supreme Court steps, Markey called for Justice Clarence Thomas to resign and claimed that two justices have “no right to be there.” “In 2016, Senate Republicans broke the rules and packed the
Residents of California have been leaving the state in droves over the last few years due to radical policies and high prices governing the state. Many former residents have been settling in more politically red states, such as Florida and Texas, which have seen immense population growth. California is the home of Hollywood, the center of the film industry. Actor Dennis Quaid explained to "Jesse Watters Primetime" why there is a push from actors to move the film industry out of California to Texas. "We want to make Texas the film capital of the world. That's what Texas used to
It’s Night of the Living Dead among Democrats in the halls of the nation’s Capitol. Let’s begin with the footage of Sen. Dianne Feinstein of California being wheeled into the Capitol on Wednesday, photos and videos that were both pitiful and horrifying. Even the Democrat-enabling media was taken aback and started to turn on the Crone from California, telling her that it’s time to go. That Democrats have put the fate of the nation’s looming debt default on the shoulders of this one incoherent lawmaker is mind-boggling. Feinstein had been out of service for two and a half months due
CONEY ISLAND, Brooklyn -- Three more buses carrying asylum seekers arrived at Port Authority on Saturday morning as backlash continues against New York City's plans on where to house the migrants. (Snip) New York City officials continue to look for places to house the influx of asylum seekers, and now one new place under consideration is PS 188 at the far end of Coney Island. Its standalone gym, not currently being used by the school, is among the sites the city intends to house adult migrants. Councilmember Ari Kagan says there has been an utter lack of communication from City Hall.
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Former New Jersey Gov. Chris Christie (R) will announce his 2024 White House candidacy “in the coming days,” New Hampshire news radio host Chris Ryan reported on Thursday.
Ryan reported that Christie’s campaign would be “focused on New Hampshire,” an early Republican primary state that often determines the success of a candidate’s campaign.New York Mets owner Steve Cohen will be one of several donors supporting Christie’s 2024 run, Ryan reported. (Tweet) Ryan’s report comes after months of speculation and a statement from Christie that he would make a final decision by mid-May.
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Washington -Florida Republican Governor Ron DeSantis will officially enter the 2024 U.S. presidential race next week, according to two sources familiar with the decision, immediately becoming Donald Trump's biggest rival for the Republican nomination and shaking up a contest that largely has been one-sided.
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Does ADHD in fact exist? This week the BBC’s Panorama programme quite rightly exposed some very worrying private clinics. (Snip) One of the problems with the diagnosis of ‘ADHD’ is that it covers such an extraordinarily broad range of behaviours, including children who may actually suffer from birth trauma or brain damage, and children who are merely wilful and obstinate, or are driven to distraction by dull schools and bad teachers. Worse, it closes the subject. If all these millions truly are suffering from a treatable physical disorder, then we need not worry about our debased family life, dominated by
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'It's wonderful to see you again - and in your own hometown,' Biden told Kishida
Harry and Meghan Accused of Pulling 'Smollett-Style
Hoax' After Police Dispute Car Chase Claim 27 replies
Hoax' After Police Dispute Car Chase Claim 27 replies
I try to pay as little attention as possible to the trials and tribulations of Prince Harry and Meghan Markle, but it has been impossible to ignore the story that broke Wednesday on what they alleged was a “near-catastrophic car chase” their spokesman says occurred Tuesday night after attending an awards ceremony in New York City, where Markle was given the Gloria Steinem-inspired “Ms. Foundation’s Women of Vision” award by Steinem herself.
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Democrats will fight tooth and nail to keep people from indulging in their God-given rights as free Americans.
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The House Weaponization Committee held a hearing Thursday on Capitol Hill. Three government whistleblowers from the FBI testified before Congress on Thursday morning.
On Wednesday Chris Wray’s FBI revoked the security clearances of three agents who espoused questioned the aggressive tactics by the FBI in targeting Trump supporters , conservatives, and pro-Life Americans, according to a letter the FBI sent the subcommittee on Wednesday.
FBI agents Marcus Allen, Garrett O’Boyle, and Steve Friend had already been suspended for questioning the agency’s handling of the January 6 case and stating their beliefs that the FBI has been weaponized against conservatives.
Disney will no longer be moving forward with plans to build a new Disney campus in Lake Nona, Florida.
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New York to Track Residents’ Food Purchases
and Place ‘Caps on Meat’ Served by
Public Institutions 22 replies
and Place ‘Caps on Meat’ Served by
Public Institutions 22 replies
New York City will begin tracking the carbon footprint of household food consumption and putting caps on how much red meat can be served in public institutions as part of a sweeping initiative to achieve a 33% reduction in carbon emissions from food by 2030. Mayor Eric Adams and representatives from the Mayor’s Office of Food Policy and Mayor’s Office of Climate & Environmental Justice announced the new programs last month at a Brooklyn culinary center run by NYC Health + Hospitals, the city’s public healthcare system, just before Earth Day.CORRECTION*
Comments:
They will loose over $1 billion this year due to shoplifting. Instead of whining about it, why not stop it?