DIRS.INFO The most relevant business & tech news

☆ A fluffy, $85 toy is taking Asia by storm and sparking legions of knockoffs. Inside the meteoric rise of Labubu.
▼ + stars: | 2024-11-15 | by ( Aditi Bharade | Erin Liam | ) www.businessinsider.com time to read: +9 min

The Labubu and Pop Mart phenomenonLabubu dolls at the opening of a Pop Mart store in Bangkok. AdvertisementIn a statement to BI, a representative from Pop Mart said that Labubu has gained a strong global fan base. Advertisement"There's a bit of a 'FOMO' feeling," said Sim, 31, who owns around six Labubu toys. She has around 17 Labubu toys and said she spent over $10,000 on them. Once, she even camped outside a Pop Mart store for the latest drop.

Persons: —, Grace Lee, Lee, ─, Joey Khong, Khong, Bangkok . Sun Weitong, Lung, it's restocked, Tony Lee, Mart doesn't, Taobao, Erin Liam, Lisa, Juda, Kanaprach, Gen Zers, They're, Labubu, It's, Sim Pei Yi, Sim, Ana Gonzales, she's, Gonzales, Tracy Hsu, Lisa —, Hsu Organizations: Service, Getty, Business, Pop, Pop Mart, Daxue Consulting, Southeast, Insight, Singapore, Mart Locations: Asia, Bangkok . Sun, Xinhua, Hong Kong, Beijing, Singapore, Pop, Southeast Asia, Japan, South Korea, China, Philippines, New Jersey, California, Canada

☆ Shoplifting's biggest enablers might be the retailers themselves
▼ + stars: | 2024-04-16 | by ( Alex Bitter | Dominick Reuter | ) www.businessinsider.com time to read: +7 min

But Walmart, Target, and other chains's own policies and practices could be worsening the problem. From conflicting policies to understaffing, retailers can make it hard for workers to prevent theft. That's because major retailers, including Walmart, Target, and others, have policies that sometimes prevent their own staff from addressing shoplifting at their stores, current and former employees told Business Insider. Among the report's recommendations for retailers: Hire enough employees at stores, and make sure they aren't constantly overworked. Do you work at Walmart, Target, or another major retailer and have a story idea to share?

Persons: —, Rhea Gordon, Gordon, Lululemon, Calvin McDonald, Santino Burrola, Thea Sebastian, Hanna Love, Sebastian, Love, everything's Organizations: Walmart, Target, Service, Business, BI, CNBC, company's, Futures Institute, Brookings Locations: North Carolina, Colorado, California, Montana

☆ I got deactivated from the Walmart Spark app after I got in a car accident. I wasn't even working when it happened.
▼ + stars: | 2024-03-30 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Business Insider has verified Youngblood's identity and former work for Spark. That's when I got a "pre-adverse action" email from Spark, which had found out after running a background check. If you're going to deactivate somebody, you need to say what the grounds are. If I was delivering for Spark and I caused an accident, I would not fight it at all. Walmart doesn't insure me or my car or anything, so they can't claim that I'm going to cost them more going forward.

Persons: —, Adrian Youngblood, Walmart's, I've, that's Organizations: Service, Business, Walmart Locations: an Ohio

Walmart said it hasn't made any changes to store managers' pay structure in more than a decade. U.S. managers of the sprawling supercenters, which run about 180,000 square feet, will receive $20,000 in stock grants. Walmart said the stock grants will vest over a three-year period, with ownership for one-twelfth of the grant total coming every quarter. The new starting annual base salary for U.S. store managers will range from $90,000 to $170,000. That means that the average base pay for store leaders will go to $128,000 from $117,000, according to Cedric Clark, executive vice president of store operations at Walmart’s U.S. division.

Persons: hasn't, ”, John Furner, Furner, Cedric Clark Organizations: Walmart, U.S, Hometown, Walmart U.S, Walmart’s U.S Locations: Bentonville , Arkansas, U.S

☆ Walmart shoppers say they are fed up with the store's self-checkout system
▼ + stars: | 2023-10-23 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Workers told Insider the tech has led to confrontations with customers who trigger the alert. AdvertisementAdvertisementEven in cases where theft is suspected, the employees told Insider they are not allowed to accuse customers of stealing. "We're continuously working on our security processes, and we encourage customers with concerns to let us know," Walmart spokesperson Joe Pennington told Insider. Shopper Daniel Jones told Insider he was "appalled" when his kiosk lit up and began playing security video footage of an alleged missed scan. Waiting for an employee to come over, question him, and reactivate his system made Jones feel like he was being "punished" for using the available hand scanner to ring up his order.

Persons: —, Charles Bisbee, Bisbee, Joe Pennington, Karen Baker, Daniel Jones, Jones, Bisbee's Organizations: Walmart, Workers, Service, US Marine Locations: Alamogordo , New Mexico

☆ Walmart shoppers say they feel 'treated like thieves' when self-checkout mistakes happen
▼ + stars: | 2023-10-22 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

But shoppers say they've felt "treated like thieves" due to honest mistakes and technical glitches. AdvertisementAdvertisementEven in cases where theft is suspected, the employees told Insider they are not allowed to accuse customers of stealing. Shopper Daniel Jones told Insider he was "appalled" when his kiosk lit up and began playing security video footage of an alleged missed scan. Waiting for an employee to come over, question him, and reactivate his system made Jones feel like he was being "punished" for using the available hand scanner to ring up his order. AdvertisementAdvertisement"It does make the honest shopper feel unwelcome, and feel like they are being treated like thieves," he said.

Persons: —, Charles Bisbee, Bisbee, Joe Pennington, Karen Baker, Daniel Jones, Jones, Bisbee's Organizations: Walmart, Workers, Service, US Marine Locations: Alamogordo , New Mexico

☆ Some Walmart's Spark Delivery Drivers Aren't Who They Say They Are
▼ + stars: | 2023-08-21 | by ( Yeji Jesse Lee | Alex Bitter | ) www.businessinsider.com time to read: +13 min

Walmart's delivery platform, Spark, has tripled its delivery-driver workforce over the past year. Insider spoke to six Spark drivers across the US and a Walmart employee who works with Spark drivers. "We encourage drivers to report any concerns to Spark Driver platform driver support so we can investigate and take the appropriate action." Earlier this year, Spark drivers protested at a Walmart Supercenter in Illinois over what they described as a prevalence of drivers who use bots on Spark. Several Spark drivers said that different stores they deliver for have different policies for checking drivers' IDs before dispensing orders.

Persons: Mike Del Rio, Del Rio, he'd, he's, Del, they've, Scott Olson, it's, John David Rainey, Spark, Joseph, Gregory Carr, Yeji Jesse Lee, Jeffrey Greenberg, They're, we're, We'll, Jessica, Alex Bitter Organizations: Walmart, Service, Walmart's, US, Insider, Universal, Getty Locations: Wall, Silicon, Utah, Del Rio, New Jersey, Mississippi, Texas, Illinois, North Texas, Florida

☆ There's no such thing as a dumb question ... unless you're interviewing someone for a job
▼ + stars: | 2023-04-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Hiring is never easy, but it's particularly difficult on Wall Street. Emmalyse's story is worth a read not only for Smart's advice but his candidness, a dying trait on Wall Street. These cloud tools are proving to be game changers. Fidelity and State Street are rolling out annuity options within their 401(k) products, The Wall Street Journal reports. As the weather starts to warm up, plenty of people are making the switch to iced coffee.

☆ Inside the 5-hour psychological interview that can make or break your career at Citadel, Blackstone, and other finance titans
▼ + stars: | 2023-04-10 | by ( Emmalyse Brownstein | Alex Morrell | ) www.businessinsider.com time to read: +16 min

ghSmartThe company's unusual but rigorous approach to screening job candidates has won it the trust of some of the finance industry's most competitive and coveted workplaces, as well as other blue-chip corporations. "That became the kernel for ghSmart," Smart recounted in a podcast interview. That means the ghSmart interview isn't something you can necessarily prepare for in the same way you might, for example, read up on certain stocks or industry trends. The company's team of psychologists spends hours drilling into each candidate's job and life experiences. Unlike some executive-search firms, ghSmart disconnects its fee from whether it fills the role.

☆ Even Walmart needs a side hustle. Here are 4 other ways the store chain makes its money – besides selling merchandise.
▼ + stars: | 2023-04-09 | by ( Ben Tobin | ) www.businessinsider.com time to read: +5 min

WalmartLike Walmart Connect, Walmart Luminate — a data monetization platform — has grown in spades since its launch in October 2021. Walmart has been working hard to increase its number of sellers on Walmart Marketplace. Walmart GoLocal launched in 2021. By the end of 2022, Walmart GoLocal delivered from more than 5,000 business and retail locations. "Through Walmart GoLocal, any merchant from national retailers to small town shops can use Walmart's growing delivery platform to power their local delivery efforts.

☆ A Walmart-backed fintech has been making changes to an online bank it acquired. Long-standing customers are getting fed up.
▼ + stars: | 2022-11-02 | by ( Carter Johnson | Ben Tobin | ) www.businessinsider.com time to read: +15 min

But once the Walmart-backed fintech venture Hazel acquired One and adopted its moniker in January, some of the features that drew Gastley to the bank disappeared. The page has become, in some cases, the first place customers turn to for information about product changes. (Like most neobanks, One has partnered with a sponsor bank, the Washington-based Coastal Community Bank, to provide financial services.) But then One customers received an email from the bank on May 12: It would be closing current credit lines, effective immediately. That's not the only change to Pockets for which Joseph, who has dozens of the virtual bank accounts, didn't receive a notification about, he said.

Search resuls for: "Mart doesn't"

11 mentions found