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Search resuls for: "Pia Sawhney"


2 mentions found


☆ America's biggest companies say retail crime is an epidemic, but just how big of a problem is it?
  + stars: | 2023-03-18 | by ( Gabrielle Fonrouge Jade Tungul Tala Hadavi | Gabrielle Fonrouge | Jade Tungul | ) www.cnbc.com   time to read: +2 min
America's biggest retailers say organized retail crime has grown into a multibillion-dollar problem, but the effectiveness of their strategies to solve it and the validity of the data overall have come into question. However, the problem isn't as clear-cut as retailers and trade groups have made it seem. External retail crime accounts for only 37% of those losses, or about $35 billion, the NRF data shows. Still, law enforcement agencies and retailers insist organized retail crime remains an issue and said they stand behind their data. We see it every day in our stores," Scott Glenn, Home Depot's vice president of asset protection, told CNBC.
☆ Op-ed: Silicon Valley Bank collapse will hurt startup ecosystem, despite bailout
  + stars: | 2023-03-14 | by ( Pia Sawhney | Partner | Head Of Strategy At Armory Square Ventures | ) www.cnbc.com   time to read: +3 min
In the short-term, regulators have found a solution for Silicon Valley Bank depositors and, we hope, calmed the fears of a wider run on regional banks. The much admired U.S. system for producing innovation has just received a body blow, and the turmoil that led to the death of Silicon Valley Bank isn't over. Silicon Valley Bank, founded in 1983, was born in a time when Silicon Valley was a synonym for "tech" and "innovation." SVB was the crown jewel of banks and the venture capital industry, not just in Silicon Valley, but globally. It's easy to picture these as large firms, and a tiny handful of famous venture firms have hundreds of employees.
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