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Search resuls for: "Giant Food"


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The kiosks are usually a help for both shoppers and retailers, but there's much room for improvement. AdvertisementSince the introduction of self-checkout more than 30 years ago, the technology has become ubiquitous in stores across the US and around the world. Meanwhile, those anti-shoplifting measures are frustrating some customers who say they are fed up with systems flagging them as potential criminals. AdvertisementI tried Walmart's self-checkout to see if it was as frustrating as some shoppers say. More than 100 Walmart stores nationwide have a new look.
Persons: Organizations: Service, Walmart, Costco, Lowe's, Tractor Supply, Giant, San Francisco Safeway, Amazon
Tractor Supply Co.'s CEO says retail crime is a major problem, but his company is bucking the trend. He revealed four factors that have helped Tractor Supply see lower rates of inventory shrink this year. AdvertisementAdvertisementIf it costs a lot at Tractor Supply, it's probably also heavy. "You basically get greeted and you're checked out right in the front of our store," Lawton said. Hard-to-steal merchandiseOf course, the types of products that Tractor Supply sells — livestock feed, gun safes, truck boxes, etc.
Persons: Jahi, Hal Lawton, Lawton, it's, Dominick Reuter, Jason Aldean Organizations: Target, Tractor Supply, Service, Dick's Sporting Goods, National Retail Federation, Giant Food, Washington, Getty, Tractor, Home, eBay, Retail Industry, Association, Supply, Costco Locations: Wall, Silicon, Macy's
Many retailers attribute rampant product losses to widespread shoplifting. Some retailers say shoplifting has gotten so bad that they are removing name brands from their shelves, instead offering store brands that have lower resale values. "I don't want to do this," Giant president Ira Kress told the Post. "But the reality is that Tide is not a profitable item in this store," Kress told the Post. One shopper previously told Insider the lock boxes have "progressed from slightly annoying to more than inconvenient."
Persons: Ira Kress, Kress, it's Organizations: Service, Washington Post, Target Locations: Wall, Silicon, Target
Giant Food, a mid-Atlantic grocery chain, could close stores due to theft, President Ira Kress said. He told WTOP that Giant is also limiting the number of items that customers can buy at self-checkout. This time, it's Giant Food, which operates about 170 stores in Delaware, Maryland, Virginia, and Washington, DC. Giant President Ira Kress told Washington DC radio station WTOP on Monday that thieves are stealing "everything," from shrimp to deodorant, at Giant's stores. Last year, Walmart CEO Doug McMillon said that the retailer could close stores or raise prices if theft continued.
Persons: Ira Kress, WTOP, , Kress, he's, Doug McMillon Organizations: Service, Giant, Washington DC, Walmart, Foods, New York Times, Walgreens Locations: Delaware , Maryland, Virginia, Washington, Maryland, San Francisco, Amazon
Bowery: 2023 CNBC Disruptor 50
  + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +3 min
Founded in 2015 in New York City, Bowery is among several urban plant factories that are changing food supplies, and attracting substantial funding. The need to grow produce more efficiently, and closer to end markets, is represented in Bowery and the concept of vertical agriculture. Early last year, Bowery secured a $150 million credit investment from KKR & Co. Overall, Bowery increased its retail distribution 40% in 2022, with supermarket chains Albertsons, Giant Food, Walmart and Whole Foods on board. Almost a decade on from its founding, the idea behind Bowery remains novel, but skeptics say vertical farming remains closer to a DIY niche than a grown up, globally scalable agtech industry.
Dave Parker has quit trying to sell houses. Last spring, the 46-year-old father of three joined a real-estate brokerage in Silver Spring, Md., hoping to make money on the booming housing market. Less than a year later, mortgage rates have climbed and many would-be clients have backed out. Mr. Parker recently took on more hours at a Giant Food supermarket where he already worked part time as a dairy manager.
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