Best Buy CEO says rising theft is hitting profits, could hurt employee retention

High rates of theft are hurting company profits and could hurt employee retention at a time when the job market is tight, particularly in the retail industry, Best Buy CEO Corey Barry said Tuesday. She said the retailer has seen a marked jump in organized crime, with people coming into stores to steal consumer electronics … Read more

Walmart+ members get first dibs on Black Friday deals

A Walmart worker organizes products for the Christmas season at a Walmart store in Teterboro, New Jersey. Eduardo Munoz | Reuters Walmart isn’t just hanging on with discounts on giant TVs, air fryers, and Legos this holiday season. Its subscription service, Walmart+, will also pay. The retail giant said Monday that members of the program … Read more