Retail crime has reached unprecedented levels in recent years, leading to a national conversation about its repercussions not only on businesses but also on communities and economies. Organized retail crime (ORC) has evolved from petty thefts to sophisticated networks of thieves who collaborate in a calculated and methodical manner to plunder businesses. This crime, a
Business
In a move that feels both audacious and perhaps a tad desperate, Peloton has unveiled its latest initiative: Repowered, a new marketplace designed for members to sell their pre-owned equipment. This strategy attempts to tap into the significant pile of unused bikes and treadmills gathering dust in homes around the country. On the surface, it
The American office market, long associated with the hustle of nine-to-five routines, stands at a pivotal crossroads. After enduring years of relentless turmoil, exacerbated by the seismic shifts instigated by the COVID-19 pandemic, we now observe a critical transformation. The market is no longer merely adapting; it is actively reinventing itself, albeit amid significant challenges.
In a world where fortunes can rest upon the quality of an airplane seat, U.S. airlines are locked in a comedic yet disturbing battle for supremacy in the international business-class market. The stakes? An elite experience padded with luxury that can sometimes evoke more eye-rolls than applause. American Airlines is leading the charge with its
Costco’s recent quarterly earnings are nothing short of remarkable and serve to highlight a strong narrative in the realm of retail. With reported earnings per share of $4.28, surpassing analyst expectations, and revenues reaching $63.21 billion, it’s clear that Costco has established itself as not just a participant, but a formidable competitor in the market.
JPMorgan Chase has seemingly undertaken a mission that seems both ambitious and somewhat misguided: convincing affluent Americans that a return to the brick-and-mortar bank branch is the key to managing their wealth. The concept isn’t revolutionary, yet the implementation suggests an intriguing blend of nostalgia and a misguided attempt to elevate the banking experience. With
The resurrection of the cinema experience can be likened to a phoenix rising from the ashes. This past Memorial Day Weekend, the domestic box office soared to unprecedented heights, leaving industry skeptics or doomsayers looking incredulously at their grim forecasts. With an astonishing $326 million in ticket sales, this year’s box office performance more than
As of Wednesday, travelers have been thrust into uncharted territory with Southwest Airlines, a carrier long-loved for its commitment to affordably flying families and business travelers alike. For over fifty years, this airline stood tall, epitomizing the idea that not all travel needs to come with exorbitant fees attached. Now, with the introduction of charges
Monarch, the fresh face in the personal finance startup arena, has accomplished a remarkable feat by securing $75 million in funding to fuel its ambitious growth. In a fintech scene fraught with uncertainties and a pronounced aversion from investors toward consumer-focused models, Monarch’s ability to garner significant investment stands out against the backdrop of a
The world of sports is often defined by fleeting trends, yet pickleball stands out as an anomaly, rapidly solidifying its place in the global athletic landscape. The recent announcement that The Picklr, the largest pickleball franchise in the world, will launch 20 new clubs across Japan signifies not just a business expansion but the symbolic