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☆ Panic buying amid U.S. ports strike is creating supermarket supply concerns
▼ + stars: | 2024-10-03 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

There is no need for panic buying, and we encourage consumers to shop responsibly. Bill Simon, former CEO of Walmart, stressed that panic buying is serious and can have a cascading effect on domestic products. "Panic buying not only impacts the availability of imported products, but domestic products as well as consumers shift their purchase behavior," warned Simon. Walmart and Target did not immediately respond to requests about any panic buying patterns identified at their stores. John Catsimatidis, owner of the NYC super chain Gristedes, said the panic buying is occurring and showing no signs of slowing down.

Persons: Stew Leonard, Jr, Stew Leonard's, restocked, Bill Simon, Simon, John Catsimatidis Organizations: CNBC, Gulf Coasts, National Grocers Association, —, of Commerce, East, National Retail Federation, Walmart, Target, NYC Locations: Gulf Coast, East Coast, Gulf, United States, U.S, Canada, Mexico, East

☆ Entering my 30s, I still had no skincare routine. Doing these 7 things faded my forehead lines and dark spots.
▼ + stars: | 2024-10-02 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +7 min

At 31, I still didn't have a real skincare routine and didn't even wear daily sunscreen. I had forehead lines, oily skin, and dark spots from acne that made me self-conscious. AdvertisementAt 31, I had no skincare routine. I was self-conscious about my forehead lines and post-acne dark spots, yet overwhelmed by 12-step nighttime regimens. I found a sunscreen I love putting onEltaMD UV Clear sunscreen with no makeup (left) and with makeup (right).

Persons: —, Julia Pugachevsky, I've Organizations: Service Locations: TikTok

☆ Why is everything mini these days?
▼ + stars: | 2024-09-21 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +6 min

Even iced tea brand Snapple has launched an8-ounce bottle, advertised to fit in a mini bag. With the introduction of the mini skirt came the mini clutch bag and then the mini top handle bag. In one of her most popular videos, she stuffs a mini Coach Tabby bag ($195 online) with a mini Charlotte Tilbury lipstick, mini Chanel mascara, mini Tarte Shape Tape concealer, mini Chanel compact powder and a mini Versace perfume — along with other essentials. Covid made her realize she didn’t have to carry around as much as she thought she did, so she jumped on the mini bag trend. Even people who don’t use mini products are locked into Barker’s content.

Persons: New York CNN — It’s, Joe’s, stoke overconsumption, Shawn Carter, Gen Z, Alpha, Carter, ” Carter, Matt Sloan, ” Sloan, Jo Barker’s, Bean, TikTok, Tilbury, mascara, Gucci, Prada, Louis Vuitton, Barker, Covid, I’m, ” Barker, Ulta, ” Anna Keller, Minter, Jeremy Moeller, Keller, “, ” Keller, Melissa Valliant, ” Organizations: New, New York CNN, eBay, stoke, of Technologybusiness, Brands, Getty, Plastic Locations: New York, Instagram

☆ Why 'wardrobing' retail fraud soars in the summer
▼ + stars: | 2024-08-07 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

A particular type of retail fraud soars during the summer season. Scot Case, executive director of the Center for Retail Sustainability at the National Retail Federation, said wardrobing can drive up costs and waste for retailers if the product can no longer be resold. "As companies build and integrate take back programs to repair and resell used items, returns take on a new role, fueling a new circular market." The average value of a returned item for Optoro's customers is $85. The highest item value reported as returned in the survey was $200.

Persons: Amena Ali, Optoro, Ali, TJ Maxx, coverup, Scot Case, Stephen Lamar, Lamar, Stephen Lamar's Organizations: CNBC, Center for Retail Sustainability, National Retail Federation, Eagle Outfitters, American Apparel and Footwear Association Locations: recommerce

The American Red Cross is facing an emergency blood shortage after the national supply fell by more than 25% since July 1. The organization said Monday that extreme temperatures and oppressive heat waves impacted almost 100 blood drives last month, in almost every state where the Red Cross collects blood. Blood donations typically slow down during the summer because of travel and other seasonal activities, but the Red Cross said extreme heat exacerbated the challenge, contributing to a shortfall of more than 19,000 blood donations in July. Type O blood is routinely in short supply because type O positive is the most common blood type, and type O negative is the universal blood type needed for emergency transfusions. Those who donate by Aug. 31 will receive a $20 Amazon gift card, the Red Cross said.

Persons: Melissa Destross, “ I’ve, Dr, Barry Siegfried Organizations: Cross, Red Cross Michigan, Connecticut Blood Center, NBC Locations: Detroit, Connecticut, NBC Connecticut

☆ Aldi’s ‘aisle of shame’ is a middle row of goodies that have nothing to do with groceries. Shoppers are huge fans of it
▼ + stars: | 2024-04-19 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +10 min

Inside every Aldi store is a single aisle of merchandise that mostly has nothing to do with groceries. The Wednesday rush can often be pinned on die-hard Aldi shoppers, 3 million of whom are members of the very active Aldi Aisle of Shame Facebook page and frequently post about their latest aisle of shame hauls. They know it’s Aldi,” Pratt said. The German Supermarket acquired Winn-Dixie, Harveys Supermarkets and other grocery stores in the Southeast in an attempt to increase its presence in the region. That’s where this aisle of shame fits in and helps Aldi offer its low prices overall.”

Persons: New York CNN — Caitlyn Pratt, Pratt, Aldi’s, who’s, ” Pratt, she’s, “, Caitlyn Pratt, Caitlyn Pratt Pratt, ”, I’ve, Britney Henderson, Britney Henderson Britney Henderson, “ I’m, ” Henderson, Aldi, John Clear, Alvarez, Clear, Jason Hart, Brandon Bell Organizations: New, New York CNN, Walmart, Aldi, CNN, ALDI, Morning, Target, Costco, German Supermarket, Harveys, Products Locations: New York, Heavener , Oklahoma, Arkansas, Iowa, Atlanta , Georgia, It’s, Pflugerville , Texas, Winn

☆ What happens when Taylor Swift wears your brand? One business reached its monthly sales goal in a day.
▼ + stars: | 2024-04-13 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +10 min

It was a $75 velvet mini skater dress from Little Lies, a small business in Scotland. The green dress Swift wore. When Swift wore the Little Lies dress, the business hit its month's sales target in a day. Meanwhile, Robertson is waiting for perhaps another Swift boom: The night Swift wore the Little Lies dress, she ordered a "whole bunch of other stuff," Robertson said. Have you bought something Taylor Swift wore or experienced the Swift bump at your business?

Persons: Taylor Swift, —, Jade Robertson, He'd, Robertson, Swift, we'd, Blake Lively, Sarah Chapelle, Taylor, Chapelle, Chappelle, Kat Cacho, Cacho, beanie Taylor Swift, Susan Bali, Michelle Wie West, Travis Kelce, Bali, Kelce, It's, she's Organizations: Service, Business, Kansas, Chiefs, Gillette, Swift, Kansas City's Westside Storey, Patriots, Super Locations: Scotland, New York City, Kansas, Swift, Bali

☆ How vending machines help states battle the opioid crisis: ‘You don’t know when you’re going to need these products’
▼ + stars: | 2024-02-22 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +13 min

A CNN analysis of state health departments finds that at least 33 states and the District of Columbia have naloxone vending machines. Other states, like Delaware, don’t currently have vending machines but plan to launch programs this year. Machines need to be restocked every dayOklahoma’s naloxone vending machine program launched in June. Naloxone vending machine programs often can face opposition from the communities where they are placed. He says he has heard some criticisms or “difficult” questions about the naloxone vending machines and other programs.

Persons: CNN —, Jason Hall, don’t, “, ”, “ You’re, Leo Guerrero, Marshall Hawkins, Hall, you’ve, I’ve, ” Hall, Lori Tremmel Freeman, Heath Hayes, they’re, ” Hayes, Jason Hall refills, Hayes, Carla Sofronski, it’s, ” Sofronski, ’, that’s, Dr, Sanjay Gupta, Jason Organizations: CNN, Hall, District of Columbia, Oklahoma Department of Mental Health, Substance Abuse, Marshall Hawkins Hall, US Centers for Disease Control, Prevention’s National Center for Health Statistics, “, National Association of County, City Health, of Mental Health, Substance, Reduction, CNN Health Locations: Oklahoma, United States, California, New York, Oregon, Delaware, Michigan, Wayne, Oklahoma City, Cincinnati, Clark County , Nevada, Tulsa ., Pennsylvania

☆ I rented a $365 cabana at Disney World's Typhoon Lagoon, and it was worth every penny even though it took 3 hours to book
▼ + stars: | 2024-02-06 | by ( Megan Dubois | ) www.businessinsider.com time to read: +7 min

I rented a cabana for a day at Disney's Typhoon Lagoon water park for $365. AdvertisementI've been going to Disney World for over 25 years, and I've been to its water parks — Typhoon Lagoon and Blizzard Beach — a few times. But during my most recent visit to Typhoon Lagoon, my family and I decided to spring for a poolside cabana. When my family and friends arrived at Typhoon Lagoon, check-in for the cabana was easyWe were stationed at Beachcomer Shack 7. AdvertisementThe time spent in the water was mostly on the lazy river, because the water park was very busy.

Persons: I've, cabana, —, Megan duBois, it's, I'd, cabanas Organizations: Service, Disney, cabana, cabanas Locations: Typhoon

☆ Wealth Assistants claimed it would help its clients make money on Amazon. Clients said they 'lost everything' instead.
▼ + stars: | 2023-11-30 | by ( Madeline Stone | Jack Newsham | ) www.businessinsider.com time to read: +17 min

Wealth Assistants also said that if clients didn't break even in the first year, they would get their money back. BI spoke with 16 people who invested between $35,000 and $100,000 each to work with Wealth Assistants and said they lost their money. Ten days later, Wealth Assistants said it laid off its roughly 75 employees and planned to shut down by December 1. Selling customers on the entrepreneur lifestyleMany Wealth Assistants clients said they were drawn by the opportunity to generate passive income. Cart.com sent Wealth Assistants a formal notice of termination in the fall after Wealth Assistants stopped paying its invoices earlier in the year, the representative said.

Persons: Mike Wimmer, Wimmer, they're, I'm, Ryan Carroll, Max K, Max O, —, Carroll, Carroll didn't, we're, Tina Luk, breakeven, Seth Hamilton, Andrew Pou, Suzy Arriola, Saheb Sabharwal, Cart.com, Moe O'Neil, weren't, Max, you've, it's, they've, We've, we've, Madeline Stone, Jack Newsham Organizations: Business, ., Federal Trade Commission, Amazon, Products, Nobu Dallas, Lamborghini, Facebook, Wealth, BI, FTC, DK Automation Locations: China, Texas, Nobu, California, Houston, Pennsylvania, mstone@insider.com

☆ Starbucks customers are snapping up $50 Stanley red holiday tumblers and reselling them for as much $300
▼ + stars: | 2023-11-03 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

One of the most sought-after items was a 40-ounce red Stanley tumbler that sold for $49.95. The 40-ounce red Stanley tumbler, labeled Stanley + Starbucks, sold out in many stores where supplies were limited. "The Starbucks x Stanley quencher is a limited supply item, so some stores may have already sold out," a Starbucks spokesperson told Insider. The poster said their store got only two Stanley tumblers, and "partners bought them right at open." The red tumblers are indeed being hawked on eBay for as much as $300.

Persons: Stanley tumbler, —, tumbler, Stanley, quencher, TikToker, Stanley tumblers Organizations: Starbucks, Service, US, Stanley, eBay Locations: Tulsa

☆ 3 ways Costco can win leveraging AI and its treasure trove of member shopping data
▼ + stars: | 2023-10-13 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

For the entire grocery industry, Cowen sees AI amplifying "loyalty by harnessing customer interaction data to offer prescriptive advice." Customer experience Costco has the "unique opportunity to drill into the buying habits of their individual members," Morningstar retail analyst Noah Rohr told CNBC in an interview. Rohr believes that generative AI advancements could be as simple as making promotional emails more relevant to each individual member. The retailer utilizing its large customer data sets is "a big advantage when it comes to inventory planning," Morningstar's Rohr said. Rohr said Costco can also optimize its data with AI by making sure store employees are using their time efficiently.

Persons: TD Cowen, Cowen, Noah Rohr, Joe Feldman, ChatGPT, Rohr, Feldman, it's, Morningstar's Rohr, Kirkland, Jim Cramer's, Jim Cramer, Jim Organizations: Costco, Walmart, Morningstar, CNBC, Kirkland, Advisory, Corbis, Getty Locations: Kirkland, Teterboro , New Jersey

☆ Gold is losing its dazzle as bond yields and the dollar surge
▼ + stars: | 2023-10-06 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

Investors tend to prefer government bonds over gold when yields are high, because they offer regular coupon payments. Why nursing schools are turning away thousands of applicantsAt a time when registered nurses are going on strike to protest staffing shortages, thousands of applicants who want to enter or advance in the profession are being turned away from nursing schools, reports CNN’s Tami Luhby. Staffing shortages are the main reason why nursing schools are not able to accept more students who want to become registered nurses. The Girl Scouts are discontinuing a cult-favorite cookieThe Girl Scouts are discontinuing a popular cookie just a year after its debut sparked a frenzy, reports my colleague Jordan Valinsky. Raspberry Rally won’t be sold this upcoming cookie-sales season, which runs January to April 2024, Girl Scouts of the USA has announced.

Persons: Richard Galanti, they’re restocked, Matt Dmytryszyn, “ There’s, ”, CNN’s Tami Luhby, preceptors, Preceptors, Judith Jarosinski, Read, Jordan Valinsky Organizations: CNN Business, Bell, CNN, Federal Reserve, Barrick Gold, Kinross Gold, Northam, Costco, American Association of Colleges of Nursing, Salisbury University’s School of Nursing, Girl Scouts, Scouts, USA, Girl Scouts ’, eBay Locations: Salisbury, Maryland

☆ The Butterfly Net, the Hunt and the Magic of Attention - The New York Times
▼ + stars: | 2023-07-30 | by ( Lewis Hyde | ) www.nytimes.com time to read: +2 min

Fully quit of school and finally in love, I had been offered a cabin in West Virginia for the summer. Within the month I had restocked my childhood armory — net, killing jar, spreading board, pins, display cases — and was again out roaming the fields. Watching a documentary recently about the old men of Italy’s Piedmont who hunt for truffles, I noticed that sometimes when they explain themselves all talk of truffles drops away. The one thing I have not yet discarded is the butterfly net. I don’t know if the same is true for birders with their binoculars or deer hunters with their rifles, but for me, walking with the butterfly net alters my perceptions.

Persons: he’s Organizations: Italy’s Locations: Connecticut, Pittsburgh, West Virginia

☆ Dream on Me, which bought Buy Buy Baby's intellectual property, snagged 11 of its store leases at auction, could reopen stores
▼ + stars: | 2023-07-21 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

"Store Closing" signs at a Buy Buy Baby store in the Brooklyn borough of New York, on Monday, Feb. 6, 2023. The New Jersey baby retailer that bought Buy Buy Baby's intellectual property from its bankrupt parent company Bed Bath and Beyond also snatched up 11 of its leases and is well-positioned to reopen stores, court records show. However, Dream on Me could use the Buy Buy Baby IP assets it already obtained – plus the leases – to reopen the beloved chain. The leases Dream on Me won at auction, which are considered to be in prime real estate locations, are primarily dotted across the Northeast. Dream on Me, founded in 1988, has at least six brands under its portfolio, including Evolur Baby, Sweetpea Baby and Slumber Baby.

Persons: Long, Janie, Jack Organizations: Industries, Walmart, Home, CNBC Locations: Brooklyn, New York, The New Jersey, Target, Bath, New Jersey, Paramus, Bridgewater, Woodbridge Township, Cherry Hill, Maryland , Delaware , Massachusetts , Connecticut, Virginia

☆ I traveled 96 hours from Boston to Napa using the Amtrak USA Rail Pass. I wanted an adventure, but I regretted my choice a few times.
▼ + stars: | 2023-07-21 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +5 min

Cali O'Connor bought an Amtrak USA Rail Pass to get from Boston to Napa two summers ago. I took a 96-hour train ride from Boston, Massachusetts, to Napa, California. I started my journey in Boston, then stopped in Milwaukee, Wisconsin; Whitefish, Montana; and Seattle, Washington, before getting to my destination of Napa. The first leg of the trip was from Boston to Milwaukee, which took about 27 hours. It took another 30 hours to get from Milwaukee to Whitefish, then 14 hours from Whitefish to Seattle.

Persons: Cali O'Connor, I've, I'm, I'd, Joe's Organizations: Amtrak, San Francisco International Locations: Amtrak USA, Boston, Napa, Boston , Massachusetts, Napa , California, United States, Napa Valley, Milwaukee , Wisconsin, Whitefish , Montana, Seattle , Washington, California, Milwaukee, Whitefish, Seattle, Mexico, TikTok

☆ They’re Here to Save Indie Media
▼ + stars: | 2023-06-08 | by ( Cara Schacter | ) www.nytimes.com time to read: +1 min

Gutes Guterman sat on an antique French farm bench in Pig Bar, a craft beer shop overlooking the scene-y slice of Lower Manhattan known as Dimes Square. Reaching for a gherkin, her hand in a lacy fingerless glove, she paused to gesture toward the former site of the Drunken Canal newspaper box. “If you know, you know,” she said. It was a cool spring day, and Ms. Guterman, 26, was here to talk about her latest editorial venture: Byline, a website that went live on Thursday. Ms. Guterman and a friend, Claire Banse, started the paper mid-lockdown.

Persons: Gutes Guterman, lacy, ”, Guterman, Claire Banse Organizations: Drunken, “ New Locations: Manhattan, Dimes, Clandestino, Seward, vade

June 7 (Reuters) - Campbell Soup (CPB.N) shares dropped as much as 9% on Wednesday, after the company disappointed investors by maintaining its full-year forecasts for sales and profit despite beating quarterly earnings. The move helped Campbell Soup post a 5% rise in quarterly sales, although its margins slipped to 30% from 31.2%. Campbell expects annual net sales to grow between 8.5% and 10%, compared with analysts' estimates for a rise of 9.5%, according to Refinitiv IBES data. It forecast adjusted profit of $2.95 to $3 per share, versus estimates of $3.01. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Devika Syamnath and Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

Persons: Campbell, Kraft Heinz, Arun Sundaram, Sundaram, Mark Clouse, Ananya Mariam Rajesh, Devika Syamnath, Anil D'Silva Organizations: Kellogg, Investors, Thomson Locations: Russia, Ukraine, Bengaluru

☆ You can buy more Yeezys today, if you can get past the app crashes and error messages
▼ + stars: | 2023-06-01 | by ( Danni Santana | ) www.businessinsider.com time to read: +3 min

Customers took to social media to voice their displeasure with the company's Confirmed app. Among the issues, users reported crashes, error messages, and long wait times on draw results. Of the many silhouettes included in the restock, Yeezy Foam Runners, Yeezy Slides, and the "Pirate Black" 350 were the most coveted. Sneakers restocked on the Confirmed app via an online raffle or first-come first serve basis. Many sneakerheads could not enter a draw on the Nike SNKRS app because of app crashes or frozen screens.

Persons: —, Taylor Swift, Nike's SNKRS, Lucy Rouse Organizations: Adidas, Service, Kanye, Nike, Air, Ticketmaster Locations: Chicago

☆ Bank of America details 3 retail stocks that have more than 20% upside as they benefit from mass closures of Bed Bath & Beyond stores
▼ + stars: | 2023-05-04 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

Bed Bath & Beyond is closing hundreds of stores this year after filing for bankruptcy. Another 360 Bed Bath & Beyond locations and 120 buybuy Baby locations are set to shutter their doors by the end of June. BoA expects these hot spots to be gobbled up by off-price retailers that have near-term plans to expand. TJX's HomeGoods subsidiary is a runner-up, with only 38% of BBBY stores being within a one-mile radius and 52% within two miles. Off-price retailers' store proximity to Bed Bath & Beyond store locations.

☆ In San Francisco, a Troubled Year at a Whole Foods Market Reflects a City’s Woes
▼ + stars: | 2023-04-30 | by ( Thomas Fuller | Sharon Lafraniere | ) www.nytimes.com time to read: +1 min

Police described theft as rampant at Whole Foods, with thieves walking out with armfuls of alcohol, at least at the start. Chief Scott said that plainclothes officers were sent there and security improved over time, but seemingly not enough for the company. Mr. Peterson could see the 2,000-unit Trinity apartments, the high-end complex that Whole Foods had hoped would be its customer base. Across the intersection, security guards stood sentry in front of the Orpheum Theater, where “Pretty Woman: The Musical” was playing. Mr. Peterson said he understood why Whole Foods had closed the store.

☆ Deal hunters arrive at Bed Bath & Beyond store and can't find throwaway prices -- yet
▼ + stars: | 2023-04-26 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +5 min

Bed Bath & Beyond has already shuttered 400 stores over the past year. If it’s able to find a buyer, Bed Bath & Beyond will halt store closings. Bed Bath & Beyond's 20% coupons will no longer be accepted beginning Wednesday. Scenes from outside the Bed Bath & Beyond store in Manhattan, New York on Tuesday, April 25, 2023. Bed Bath & Beyond did not immediately respond to request for comment on the timing and level of liquidation discounts.

They said two in five people seeking food assistance in the Atlanta region this year have not done so before. In central Ohio, the local food bank says the number of households seeking aid has increased by nearly half since last year. Craig Gundersen, a Baylor University economics professor who is a prominent researcher for Feeding America, said that food banks experiencing spikes above COVID levels are outliers. The Highland Food Pantry in Winchester, Virginia, said it served about 90 families a week during the pandemic. In early April, White visited a community center to donate old clothes and noticed a line for the food pantry.

Summary Sources: Military equipment disguised as relief suppliesSyria is a conflict zone for Israel and IranIsrael mounts swift campaign against IraniansAMMAN, April 12 (Reuters) - Iran has used earthquake relief flights to bring weapons and military equipment into its strategic ally Syria, nine Syrian, Iranian, Israeli and Western sources said. The sources told Reuters that the goal was to buttress Iran's defences against Israel in Syria and to strengthen Syrian President Bashar al-Assad. The supplies included advanced communications equipment and radar batteries and spare parts required for a planned upgrade of Syria's Iran-provided air defence system in its civil war, said the sources, two regional sources and a Western intelligence source said. Regional sources told Reuters that Israel quickly became aware of the flow of weapons into Syria and mounted an aggressive campaign to counter it. A radar station used for drones was also hit on April 3, the regional source added, corroborating what two Western intelligence sources had told Reuters.

☆ US consumer confidence rises; house price inflation slows
▼ + stars: | 2023-03-28 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

The Conference Board's consumer confidence index rose to 104.2 this month from a reading of 103.4 in February. Housing affordability, which deteriorated as mortgage rates surged in response to the Fed's fight against inflation, is starting to gradually improve as house price gains continue to moderate. Annual house price growth remained strong in the Southeast, with double-digit gains in Miami and Tampa. The region had experienced rapid house price increases in prior years. Goods trade balanceThe Commerce Department also reported that wholesale inventories rose 0.2% in February after falling 0.5% in January.

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