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☆ The Haslam family sold its gas station business to Warren Buffett this year. Now it's set to buy a stake in the Milwaukee Bucks.
▼ + stars: | 2023-04-14 | by ( George Glover | Theron Mohamed | ) www.businessinsider.com time to read: +3 min

The Haslam family will finalize buying a stake in the Milwaukee Bucks on Friday, according to Bloomberg. They're swapping fuel pumps for courtside seats after selling their gas station business to Warren Buffett. They're poised to own 25% of the Bucks in a deal that values the NBA franchise at around $3.5 billion. The Haslams agreed to buy billionaire investor Marc Lasry's 25% stake in the Bucks in a deal that values the NBA franchise at $3.5 billion back in February, per a previous Bloomberg report. The Haslam family retains control of Pilot's day-to-day operations.

☆ Why retailers send your like-new returns to rot in landfills
▼ + stars: | 2023-02-08 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Not all retailers are environmentally focused, "so things end up being thrown away because of the cost," he said. If consumers want to avoid contributing to landfills with their returns, there are a few things to keep in mind. Luxury brands, too, are more likely to trash returns to avoid products ending up in secondary markets and tarnishing the label's value. Retailers are investing more in returns technology, services, and other advanced strategies as returns volumes grow. Consolidation strategies used by Amazon and other major retailers cut down on shipping costs by pooling returns together at stores.

☆ A New Year’s Resolution for Stemming Retail’s Returns Tsunami
▼ + stars: | 2022-12-26 | by ( Alan Amling | Thomas Golds | ) www.wsj.com time to read: +6 min

So why haven’t retailers taken significant steps to improve the returns process and stop it from imploding their profitability? Photo illustration: Laura KammermannThe first step in solving the problem is to appoint an executive responsible for the end-to-end returns process. Researchers at the University of Tennessee have broken the returns process into five “pathways” to help returns executives better understand improvement opportunities. The best way to mitigate returns costs, of course, is to find ways to limit returns before they happen, in the pre-sale process. As goods move through the returns process, costs and waste increase dramatically.

☆ Deshaun Watson returned in Cleveland Browns game against Houston. 10 of the women who accused him of sexual misconduct were expected to attend, lawyer says
▼ + stars: | 2022-12-04 | by ( Alaa Elassar | ) edition.cnn.com time to read: +10 min

CNN —Around 10 of the more than two dozen women who accused Cleveland Browns quarterback Deshaun Watson of sexual misconduct were expected to attend his game in Houston on Sunday, according to their attorney. I was proud of them for that,” Tony Buzbee, the lawyer representing the accusers attending the game, told CNN in a statement. Makes me proud they want to stand up and be counted rather than quietly go away.”The NFL and the Cleveland Browns did not respond to CNN’s request for comment regarding the accusers’ attendance. We’re a huge football town, folks here have been lifelong fans of the Cleveland Browns,” Greene said. We believe that Deshaun Watson deserves a second chance.”The team’s “refusal to prioritize protecting women sends a disgusting message” to survivors of sexual assault, Nunes said.

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