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Search resuls for: "Ira Kress"


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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
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