The holiday shopping season is easily the most important time of the year for most companies. It's certainly the busiest--which also means it's the most stressful. That's especially for those whose job is to make it possible for the rest of us to find and buy the gifts and products we're looking for. Working retail is hard work. It's often long hours, especially this time of year. None of that has been made any easier by the fact that we're almost two years into a pandemic that shows no signs of going anywhere anytime soon. For Patagonia, the answer is pretty simple. The company is closing its stores from December 25, through January 2nd. Its online fulfillment will close on December 24. During that time, customers can still place online orders, but they won't be filled until after the company reopens its doors next year. In addition, Patagonia says the closure is to give its employees a break, and paid time off. Meaning, it isn't just shutting its doors to save … [Read more...] about Patagonia’s 5-Word Explanation of Why It’s Closing Its Stores and Giving Employees a Week Off Is the Best I’ve Seen Yet
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Share to Twitter Share to Linkedin Carts could hold the key to lifting retail sales at financially hard-pressed airports around the country. A trial at San Diego International Airport has shown that they have the power to drive travelers into stores and respond to promotions they might otherwise miss. ‘Intelligent' or smart carts, were deployed as a pilot at the California gateway late last year as part of the airport’s Innovation Lab program, designed to hone novel concepts into real-world solutions to make life easier for passengers. One example is AtYourGate , the mobile ordering food and drink delivery service which, after its San Diego Airport rollout, secured seed funding of $2 million by Triton Funds and is now in nine North American airports. Copenhagen-based IntelligentTrackSystems—together with its specialist travel retail business development partner Blueprint—is keen to emulate this kind of expansion with its smart carts after their first airport … [Read more...] about Smart Carts That Take You To The Best Deals At The Airport
Soon after King Soopers and the union announced a tentative agreement Friday in a 10-day labor dispute, the picket lines were gone and parking lots at the grocery stores around the Denver area were once again filling up. Members of the United Food and Commercial Workers Local 7 will decide Monday if the agreement struck between union and company negotiators will be permanent. The strike that began Jan. 12 covered more than 8,000 King Soopers employees at 78 stores in Boulder, Parker and across the metro area. The strike was the first among Colorado grocery store employees since 1996 when union members walked off the job at King Soopers. Safeway and Albertsons eventually locked out workers. That strike lasted 42 days. This time, workers’ complaints that the company hasn’t adequately supported or protected them during the coronavirus pandemic fueled anger over other issues, including wages, the outsourcing of jobs and workplace safety in the face of rising crime. Labor … [Read more...] about With Friday’s deal, King Soopers labor dispute now in workers’ hands
By Erin Woo and Kellen Browning , The New York Times Company When Drew Bienusa began playing Call of Duty, a first-person shooter game published by Activision Blizzard, he was immediately smitten. He loved how immersive having a digital avatar was, and the game was a favorite among his friends. Bienusa was so dazzled that in 2016, he began livestreaming himself playing Call of Duty on the Twitch platform. He gave himself the gamer name Frozone and amassed 114,000 Twitch followers. In January, he became a professional Call of Duty: Warzone player for the esports organization XSET. But by then, Bienusa’s feelings about Call of Duty had changed. Bugs in the game went unfixed for months, he said. Activision’s communications with competitive players fell off. And he was turned off by a recent sexual harassment lawsuit against the company that exposed its toxic workplace culture. So on Tuesday, when Bienusa, 26, woke up to the news that Microsoft planned to buy Activision for … [Read more...] about “New eyes”: Gamers greet Microsoft’s Activision deal with guarded optimism
With no “big deal” wide releases opening, the Friday box office was, as expected, dominated by the handful of holdovers which audiences are seeing theatrically. The top movie last night was, once again, Spider-Man: No Way Home. Sony and Marvel’s superhero sequel earned another $3.515 million (-32%) for a likely sixth weekend gross of $14 million (-30%) for a $721 million cume. With little tentpole competition (and Morbius now opening in April) and no Oscar season breakouts, the post-holiday legs for No Way Home had been quite impressive. Its 30% drop is better than every relevant big-scale holiday season release (the Star Wars sequels, the Middle Earth flicks, Tron: Legacy , etc.) save for Aquaman, Avatar and Titanic . Its $14 million weekend gross will be damn close to the $14.1 million sixth weekend gross of The Force Awakens . If it continues as such, Spider-Man: No Way Home will end with around $765 million-$780 million domestic. That’ll be past the … [Read more...] about Friday Box Office: ‘Scream’ Tops ‘Spider-Man’ But Drops 71%
Following the death of Trayvon Martin and the acquittal of his murderer, George Zimmerman, in 2013, Patrisse Cullors was motivated to take action. She, alongside Alicia Garza and Opal Tometi, created #BlackLivesMatter to expose ongoing anti-Black racism. “I hope it gets bigger than we can ever imagine,” she thought at the time. It has. Black Lives Matter has evolved into a movement, one that’s still growing. In May and June, the hashtag was tweeted an average of 3.7 million times a day. On May 28, #BlackLivesMatter was used on Twitter nearly 8.8 million times—the most times it had been tweeted in a single day since the Pew Research Center started tracking it in 2013. “The virality is happening through millions of regular normal people who use the hashtag because they see the necessity to call out racism, to call out white supremacy, to call out anti-Black racism,” says Cullors. “I wasn’t a celebrity, we weren’t really known outside of our own cities and states seven years … [Read more...] about Black Lives Matter Cofounder Patrisse Cullors On Her Activism—And Art—Beyond Hashtags
Share to Twitter Share to Linkedin I recently published an article highlighting the best men’s shampoos on the market. Since then, I received a lot of feedback from my viewers who were now able to find products tailored to their specific needs. And interestingly enough, I received an abundant number of requests for a follow-up feature pointing out the best men’s conditioners. I feel like conditioners need to be presented in a different light because its mission is to enhance and protect hair. More to the point, today, mens conditioners spawn a whole new vital part of your grooming regime. First of all, I’m glad you guys are taking enough care to both shampoo and condition your hair. Many American men think that shampoo alone can do the trick but I beg to differ. It is important to know that conditioner helps make hair softer and easier to manage —by removing dead skin cells, sweat, and even yesterday’s hair product. It’s an absolutely essential hair care … [Read more...] about The Best Conditioners For Men
Wall Street has a bad habit of getting caught up in short-term stories because they are exciting. That's just human nature, but it's a habit that investors need to fight. Instead, you should be focusing on long-term value as you buy companies that can differentiate themselves, not just for a year or two, but for decades to come. Here are four real estate investment trusts (REITs) that have what it takes to do just that. 1. Realty Income: Size has its benefits In 2021, Realty Income ( NYSE:O ) bought one of its largest competitors, increasing the size of its portfolio to more than 10,000 single-tenant net-lease properties. In a net lease, the tenant is responsible for most of the operating costs of the property it occupies. Over a large portfolio, this is a pretty low-risk business model in the REIT industry. The acquisition basically cemented Realty Income's place as the industry's market leader. Image source: Getty Images. Realty Income now has the heft to take on … [Read more...] about 4 No-Brainer REITs to Buy
When it comes to big data companies, most investors have heard about Palantir Technologies or Snowflake , but there is one company investors might be overlooking. Planet Labs ( NYSE:PL ) is capturing an immense amount of data by imaging the entire world daily. Planet Labs' vast data resources dating back years could allow its customers to spot trends and predict future outcomes, but is this company a buy today? The company is doing something extremely innovative and it has major growth opportunities, but Planet Labs might only be investable for investors with a highly diversified portfolio. Image source: Getty Images. Planet Labs was founded in 2010, and since then it has created the largest satellite imaging fleet in history with over 200 satellites currently taking pictures of the Earth. This fleet is 10 times larger than some of its competitors', and it has one of the extensive image catalogs of Earth today. Planet Labs is similar to a Bloomberg terminal for … [Read more...] about Is Planet Labs Stock a Buy Now?
Shiba Inu ( CRYPTO:SHIB ) was a dream come true for some investors last year. This young cryptocurrency surged 45,000,000% over the 12 months. If you bought and sold at the right time, you might be cheering right now. Today, whether you own Shiba Inu or not, you might be wondering whether there's more potential for gains ahead -- or whether the Shiba Inu story is over. Momentum has slowed in recent months. The cryptocurrency has slipped 65% from its peak. At the same time, Shiba Inu has a catalyst on the horizon that could be positive. So is this cryptocurrency player a buy, sell, or a hold in 2022? Image source: Getty Images. Successful community building First, let's take a look at the past, present, and future. A person or group named Ryoshi launched Shiba Inu in August of 2020. The cryptocurrency was "an experiment in decentralized spontaneous community building," according to its white paper. This idea has been successful so far. The crypto's loyal community -- … [Read more...] about Shiba Inu: Buy, Sell, or Hold in 2022?