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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
Gen Z Congressman Maxwell Frost tweeted Thursday he got denied from a DC apartment for bad credit. "Just applied to an apartment in DC where I told the guy that my credit was really bad. He's not alone: Credit card balances have been on the rise, especially for Gen Z, as the cost of living keeps soaring. But as Insider's Kevin L. Matthews II reported, there's a "credit gap" between Black and white borrowers, further powering the racial wealth gap. That can further the gap in homeownership rates between Americans of color and white Americans.
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