Walgreens CEO admits anti-theft measures hurt sales: ‘When you lock things up, you don’t sell as many of them’
The top executive at Walgreens lamented the loss of sales from putting items like toothpaste behind lock and key to crack down on rampant shoplifting that »
Strong Upward Pressure on the Cost of Food, What’s in Your Basket?
From January 2021 through December 2022, the trend line slope of the increase in food at home vs away was similar, on average. Starting 2023, the »
Southwest Airlines is freezing hiring and promotions to cut costs: 'Every single dollar matters'
Southwest Airlines’ cost-cutting is taking off in a big way. The seventh-largest airline in the world by revenue said it would pause corporate hiring and promotions »
Meta to cut 5% of workforce based on performance
Meta Platforms will trim about 5% of its “lowest performers” and plans to hire for the impacted roles this year, a company spokesperson said on Tuesday. »