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But all the excitement to get a jump start on Halloween comes as consumers are showing more signs of financial stress. Tricking consumers into treating themselves more“It’s clear that consumers have been interested in buying Halloween products earlier and earlier,” said Champine. Michaels said it started selling Halloween goods in June, the earliest the retailer has ever done so. The initial launch of Halloween goods at Michaels “has been consistently beating our internal expectations,” he added. By selling Halloween goods earlier, they’re likely hoping it’ll decrease the likelihood of having to discount, she added.
Persons: can’t, , Laura Champine, they’re, Joe Feldman, Michaels, ” John Gehre, Michaels “, ” Kelsey Robinson, Lance Allen, , ” Allen, David Zalubowski, they’ve, they’ll, Champine, ” Lowe’s, Feldman Organizations: New, New York CNN, Disney, Walt Disney, Loop, Telsey Advisory, CNN, Costco, Consumer, McKinsey, Labor, Depot Locations: New York, Los Angeles, Sheridan , Colorado, Lowe’s
The retailer is cracking down on sharing membership cards with a new policy in which all cards will be scanned at store entrances. Guests without cards must be accompanied by a member to enter, making it harder to slip in on borrowed cards. Members with cards without photos will be asked to show valid photo ID, and they are encouraged to have their photos taken to add to their cards at the membership counter. Costco relies on membership fees to drive most of its revenue and help keep merchandise prices low. Last year, Costco stepped up enforcement by adding an extra check for memberships in self-checkout aisles to stop shoppers from using other members’ cards.
Organizations: Costco Locations: U.S
Costco is cracking down on membership moochers
  + stars: | 2024-08-07 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +2 min
CNN —Costco knows you’re using your friend’s membership card. To save you the embarrassment of telling you off when you’re in the checkout line, now Costco will try to catch membership moochers before they even get in the door. The retailer is implementing stricter policies and cracking down on non-members using other people’s cards by requiring shoppers to scan their membership cards to enter stores. Last year, the company began requiring shoppers to present their membership card and a photo ID to use the registers. It reported last year that it earned $4.6 billion in revenue from membership fees, an 8% increase from 2022.
Persons: Costco, ” Costco, CNN’s Elisabeth Buchwald, Samantha Delouya, Nathaniel Meyersohn Organizations: CNN, Costco, Canada – Locations: Canada
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
Tim Walz, seen as a win for progressives, may be exactly who she needed to get her economic policies off the ground. As governor, Walz has enacted policies such as universal school meals, gun safety provisions, stronger labor protections, and poverty reduction measures. Walz has also advocated for rural economic growth and has passed legislation supporting LGBTQ+ and abortion rights. AdvertisementTax cuts and rebatesLast year, Walz enacted a state tax cut through the One Minnesota Budget, which also increased funding for public education. The United Auto Workers union was quick to support Walz on X.
Persons: , Kamala Harris, Tim Walz, Walz, Josh Shapiro, Arizona Sen, Mark Kelly, George Floyd . Walz, Donald Trump, Sen, JD Vance, Minnesotans, hasn't, X, Tim Walz doesn't Organizations: Service, Minnesota Gov, Business, Minnesota Democrat, Pennsylvania, Arizona, Democratic, Local, Governor's, Economic, Minnesota Budget, IRS, Cannabis Management, United Auto Workers, UAW, Biofuels Council Locations: Ohio, Minnesota
Read previewI began my career in the financial services industry in 1985 in the warehouse at Fannie Mae Software Systems. I moved to the Bay Area and began my subsequent career in financial services. We couldn't recover before the Federal Reserve took us into receivership, making us the second-largest bank failure in history. The biggest problem was my homeWithout a full-time job, I could no longer afford the mortgage on my home in the Bay Area. Tony WoodallAfter Portugal, I joined friends in Medellín, Colombia, an inexpensive haven for digital nomads.
Persons: , Tony Woodall, Woodall, you'll, I'm, I've Organizations: Service, Fannie Mae Software Systems, Business, realtors, Bank, LinkedIn, Bay Area, First Republic, Federal Reserve, Social Security Locations: Fannie, Atlanta, San Francisco, Bay, Silicon, California, Camino de Santiago, Spain, Portugal, Portuguese, Colombia, Medellín, Germany
But prosecutors had no direct evidence tying Black to the location of the murder, an Ohio appellate court later said. In many cases, prosecutors themselves don't even have access to the source code and haven't reviewed the underlying technology. Back in Akron, the judge in Rankin's case ordered the Cybercheck evidence excluded after prosecutors failed to turn over the source code. The Summit County Prosecutor's Office declined to comment when reached by BI. It's unclear how many others may be behind bars because of Cybercheck evidence that was never rigorously scrutinized.
Persons: Adarus Black, Black, Na'Kia Crawford, Crawford, Adam Mosher, Mosher, Cybercheck, Chris Ramsey, It's, That's, Donald Malarcik, Summit County who've, Javion Rankin, Tyraye Carter, Rankin, Malarcik, Eric Zale, Zale, Mr, Shara Munn, she'd, Freiheit, Meghan, Breck, Roesch, weren't, They've, who's, isn't, Phillip Mendoza, Kimberly Thompson, Brian James, Tyree Halsell, Mendoza, Mosher's, Steve Michniak, Michinaik, William Holland, Brian Stano, Katherine Long, Jack Newsham Organizations: Business, NBC News, Cybercheck, Prosecutors, Police, Fleming College, Technicians, Akron Police Department, University of Saskatchewan, Summit, Prosecutor's, BI Locations: America, Akron , Ohio, Ohio, Colorado , New York, Florida, New York, Philadelphia, Houston, Denver, Akron, Summit County , Ohio, Canada, Toronto, Summit County, Boulder , Colorado, New Brunswick, Calgary, Colorado, Nevada, Pennsylvania, Colorado , Ohio, East Akron , Ohio, Summit, Portage County, Lake Erie
Minneapolis CNN —For 90-plus years, the Parkway Theater has been a fixture in South Minneapolis, gathering generation after generation of patrons in front of its lone movie screen. The Parkway Theater of today is one part revival house cinema, one part performing arts venue, and another part community event space. Parkway Theater owners Ward Johnson (left) and Eddie Landenberger in the theater lobby in Minneapolis on July 8. Moviegoers at a drive-in movie theater in the parking lot of the Rose Bowl in Pasadena, California, on September 3, 2020. Still, cinema operators have to be cautious in their approach, said Kate Markham, administrative coordinator with Art House Convergence, a coalition of independent, community-oriented cinemas.
Persons: David Hancock, Omdia’s, , ” Hancock, “ Young Frankenstein ”, moviegoing, , Ward Johnson, Eddie Landenberger, Christian Meoli, , Ricard Gil, Michael Tullberg, ” Gil, “ Barbie, Ward, Alicia Wallace, ” Johnson, ” Andrew Sherburne, “ We’re, Meoli, there’s, showmen, Bing Guan, , Bill Campbell, showmen ”, Rich Daughtridge, they’ll, ” Campbell, Kate Markham Organizations: Minneapolis CNN —, Parkway, CNN, Omdia, Theater, Cinelounge, Wim, Queen’s University, Disney, El Capitan Theatre, Hollywood, Global Entertainment, Media, Blockbuster, Rose Bowl, Bloomberg, Independent Cinema Alliance, Orpheum, ICA, Art, cineplex Locations: Minneapolis, South Minneapolis, London, California, Canada, Los Angeles , California, , Iowa City , Iowa, That’s, Tiburon , California, Pasadena , California, Covid, Sheridan , Wyoming, Maryland
Real estate stocks have been lagging the market, but here is one corner in particular where Janus Henderson sees an underappreciated opportunity. Overall, real estate stocks have started to rebound, with the S & P 500 real estate sector rallying 10% over the past month. Still, there is one area that has fared worse than many of its counterparts: industrial real estate investment trusts. The benchmark Janus uses for the overall REIT sector is the FTSE Nareit Equity REITs , which tracks commercial real estate across the U.S. "Cold storage is a specialized area within industrial that we like and where supply/demand fundamentals are also more favorable than coastal traditional industrial," Kuhl said.
Persons: Janus Henderson, Greg Kuhl, Janus, Kuhl, " Kuhl Organizations: Real, Janus, FTSE, Equity, U.S, Sun, FedEx, Industrial Realty Trust, Industrial Realty, Nasdaq, CNBC Locations: California, U.S
See Where Countersnipers Could Have Stopped the Trump Rally GunmanWhere countersnipers were stationed — and where they were not — has emerged as a point of contention in assessing security failures at the July 13 assassination attempt at a rally for former President Donald J. Trump. Countersniper locations Locations with better views of gunman Water tower Gunman Countersnipers inside building Secure perimeter Trump N Countersniper locations Locations with better views of gunman Water tower Gunman Countersnipers inside building Secure perimeter Trump N Countersniper locations Locations with better views of gunman Water tower Gunman Countersnipers inside building Secure perimeter Trump N Source: Beaver County E.S.U. There were four locations where countersnipers were stationed near the rally, according to Beaver County planning documents. If countersnipers had been positioned atop the water tower, here is what they would have seen. Trump Gunman Countersnipers were inside this building, but the roof offered a better view Trump Gunman Countersnipers were inside this building, but the roof offered a better view Trump Gunman Countersnipers were inside this building, but the roof offered a better view The New York TimesIn the House hearing, Representative Carlos Gimenez of Florida questioned the decision to place countersnipers inside — a position that provided a limited line of sight, unless the countersnipers were sticking their heads out of the windows.
Persons: countersnipers, Donald J, Charles E, Thomas Matthew Crooks, Crooks, Eli Crane, Christopher Paris, Trump, Kimberly Cheatle, Countersnipers, Carlos Gimenez, Ronald L, Rowe Jr, Organizations: Trump Rally, Trump, The New York Times, House, Republican, NAVY, Pennsylvania State Police, Secret Service, New York Times Locations: Beaver, Beaver County, Arizona, Florida
Read previewThis as-told-to essay is based on a conversation with a Costco truck driver in Atlanta, who has requested anonymity as they are not authorized to speak with the media. The worker has shared employment details with Business Insider to verify their identity. This story is available exclusively to Business Insider subscribers. AdvertisementThe job requires a commercial driver's license and Costco usually wants to see three years of experience working for another reputable company. Responses will be kept confidential, and Business Insider strongly recommends using a personal email and a non-work device when reaching out.
Persons: , it's, we're, I'm, Dominick Organizations: Service, Costco, FedEx, Business Locations: Atlanta, Atlanta , Georgia, Montgomery , Alabama, Montgomery, Hoover , Alabama, Greenville , South Carolina
After a week of oversights and failures, the officers protecting former President Donald J. Trump at a campaign rally in Butler, Pa., still had one last chance to get it right. It began when a local police officer peered over the roof of the AGR International warehouse near the rally grounds and found the suspicious man he and other officers were hunting. Ninety minutes of confusion about Thomas Crooks’s intentions and whereabouts had ended in an instant. “Long gun!” the officer broadcast over the local law enforcement radio system, according to congressional testimony from ‌the Secret Service this week. It was urgent news that should have instantly traveled to a command center shared by the local police and the Secret Service, and then to agents close enough to throw their bodies in front of Mr. Trump.
Persons: Donald J, Trump, peered, Thomas Crooks’s, Organizations: Service Locations: Butler, Pa
Dissident Group Wins Amazon Union Leadership Vote
  + stars: | 2024-07-30 | by ( Noam Scheiber | ) www.nytimes.com   time to read: +1 min
A dissident group has won control of the Amazon Labor Union, the only union in the country that formally represents Amazon warehouse workers, election results on Tuesday showed. The union won a representation vote at a Staten Island warehouse in 2022 but has yet to negotiate a contract as Amazon contests the outcome. A leader of the dissident group, Connor Spence, will take over, succeeding the founding president, Christian Smalls, who chose not to run for re-election. The result was announced by Mr. Spence’s group and confirmed by Mr. Smalls. Mr. Spence’s group brought a lawsuit last year to force leadership elections within the union.
Persons: Connor Spence, Christian Smalls, Spence, Mr, Smalls, Spence’s Organizations: Amazon Labor Union, Mr Locations: Staten Island
The acting Secret Service director told senators on Tuesday that the agency failed on July 13 by not having a countersniper focused on the roof where a would-be assassin fired eight shots at former President Donald J. Trump, injuring him and others and killing a rally attendee. While Ronald L. Rowe Jr., the acting director, provided a more complete account of what happened that day than his predecessor did a week ago, he failed to answer a critical question about that day: Who was supposed to be watching that roof? In one of his first actions as acting director, Mr. Rowe said he went to the site of the shooting in Butler, Pa., and specifically to the warehouse roof that the gunman used, which had been unmanned and apparently unwatched. Mr. Rowe said he climbed onto the building and lay on the roof so he could see the direct line that the shooter, later identified as Thomas Crooks of Bethel Park, Pa., had to Mr. Trump.
Persons: Donald J, Trump, Ronald L, Rowe Jr, Rowe, Thomas Crooks Locations: Butler, Pa, Bethel Park
From saving money by bulk-buying groceries to taking advantage of executive membership rewards, there are tons of reasons it's beneficial to shop at the warehouse. AdvertisementThe warehouse has a very flexible return policy on most merchandiseCostco has a flexible return policy with guaranteed customer satisfaction. The executive membership, in particular, offers great perksI love the rewards I earn through my Costco executive membership. On the other hand, the executive membership gives customers 2% cash-back rewards on qualified purchases. I'd say my family of four saves almost $1,000 each year, not including the 2% cash-back rewards I accumulate through my executive membership.
Persons: , Veronica Thatcher, Veronica Thatcher Costco Organizations: Service, Costco, Business
The real kicker, however, is the company's 2% rewards offer for Executive members, plus an another 2% reward for holders of the Costco credit card. One Costco member told Business Insider says he uses these percentage-point differences to make up to $500 per week buying coins and flipping them to online dealers and to local shops. "For me, gold is gold," he said, "but there's always more demand for Mint." Driving through Texas one day he stopped into a Costco warehouse that happened to have US gold buffalo coins in stock. AdvertisementIn just the past six months, the member has bought more than $110,000 worth of gold, according to credit card transactions reviewed with BI.
Persons: , it's, there's, he's Organizations: Service, Business, Costco, BI, US, Mint Locations: Swiss, Texas
Nearly 100 minutes before former President Donald J. Trump took the stage in Butler, Pa., a local countersniper who was part of the broader security detail let his colleagues know his shift was ending. He exited the second floor of a warehouse that overlooked the campaign rally site, leaving two other countersnipers behind. Outside, the officer noticed a young man with long stringy hair sitting on a picnic table near the warehouse. So at 4:26 p.m., he texted his colleagues about the man, who was outside the fenced area of the Butler Fair Show grounds where Mr. Trump was to appear. He said that the person would have seen him come out with his rifle and “knows you guys are up there.”
Persons: Donald J, Trump, Locations: Butler, Pa
Read previewA big perk of a Costco membership is the unlimited returns offered by the company. While the returns policy on electronic goods is now 90 days, until 2007, Costco members had an unlimited returns policy on electronic goods — excluding personal computers. It's far from the only example of Costco returns. Bean used to offer a legendary lifetime returns policy but switched to a one-year return limit in 2018 after some customers abused it. Shoshy Ciment/Business InsiderCostco's business model relies on maintaining customer loyalty, and unlimited returns help.
Persons: , Yuliana Martinez, Louis Orellana, Bean, Shoshy, Neil Saunders, Saunders, Katherine Black, Kearney, Gina Logan, Logan Organizations: Service, Costco, Business, GlobalData
It also came in above the high end of management's guidance. But here's the root of Thursday's selling: Honeywell downwardly revised its full-year guidance for segment margin, earnings per share, and cash flow guidance. The changes are tied to the inclusion of previously closed and announced acquisitions, as well as a slower-than expected-rebound for short-cycle businesses. Unfortunately, despite some "pockets of short-cycle strength," other short-cycle businesses "are not accelerating as much as we had hoped," CFO Greg Lewis said on the call. But here's the root of Thursday's selling: Honeywell downwardly revised its full-year guidance for segment margin, earnings per share, and cash flow guidance.
Persons: Honeywell downwardly, Greg Lewis, Vimal, Lewis, abate, Jim Cramer's, Jim Cramer, Jim, Daniel Barry Organizations: Honeywell, Revenue, LSEG, Emerson, Aerospace Technologies, Management, Aerospace, Automation, Carrier's, Solutions, CAES Systems Holdings, Air Products, Industrial Automation, Energy, Sustainability Solutions, CNBC, Bloomberg, Getty Locations: UOP, Morristown , New Jersey
Best Grocery Credit Cards of 2024Introduction to Grocery Credit CardsIf you spend a lot of money on groceries, using a rewards credit card that offers bonus rewards at the supermarket makes sense to maximize this necessary expense. Note that credit card lenders may use many different variations of credit score models when considering your application. The ones reviewed here are the best grocery credit cards in 2024, according to Business Insider's team of credit card experts. Best for Cash Back on Groceries With No Annual Fee: Capital One SavorOne Cash Rewards Credit CardBest for cash back on groceries with no annual fee Capital One SavorOne Cash Rewards Credit Card Apply now lock icon An icon in the shape of lock. Best Credit Card for Groceries Frequently Asked QuestionsAre grocery credit cards worth it?
Persons: Rose Gold, Uber Cash, Uber, you'll, Chase, , airfare, Read, Cash, Cardholders, cardholders Organizations: Business Insider, Citi, Premier, Card, Express, American, Chase Travel, Chase, Sapphire, Hotel, FDIC, CitiTravel.com, EV, Citi Strata Premier, Disney, Uber, Capital One Entertainment, Capital, Walmart, Target, Foods, Amazon, Amazon.com, Visa, Business, Supermarkets, U.S, American Express, Pharmacy, Costco Locations: U.S, AmexTravel.com
Lineage priced 57 million shares at $78 apiece on Wednesday, near the top of its initial $70 to $82 target range. "We started with one warehouse and we've done 116 acquisitions to turn Lineage into what it is today," co-founder and co-executive chairman Adam Forste said on CNBC's "Squawk Box" Thursday morning before shares started trading. In the last year alone, Lineage has acquired Grupo Fuentes, Burris Logistics, Kennedy Transportation and Harnes. Lineage has amassed over 480 facilities, totaling roughly 2.9 billion cubic feet of capacity across countries in North America, Europe, and the Asia-Pacific region. These locations create a global network of cold-storage facilities, reducing supply chain food waste and its environmental impact.
Persons: Adam Forste, Burris, we've, Forste, Kevin Marchetti, Morgan Stanley, Goldman Sachs, Morgan, Wells Fargo Organizations: CNBC Disruptor, Viking Holdings, Nasdaq, Grupo Fuentes, Burris Logistics, Kennedy Transportation, Bank of America, Lineage's Locations: North America, Europe, Asia, Pacific
Many companies raised money two to four years ago in private funding rounds at very high valuations. Many of these companies are now trying to go public, and investors are balking at the high valuations and demanding haircuts. Another tough year No matter how you slice it, 2024 is turning out to be the third consecutive year of subpar IPO markets. "Public investors are not willing to pay 2021 valuations," Matt Kennedy from Renaissance Capital said. Companies that want an up-round are going to be disappointed, but companies willing to take a haircut can get deals done."
Persons: Matt Kennedy Organizations: Nasdaq, Viking Holdings, Renaissance Capital, Companies
Costco opened its first location in Seattle in 1983, building off Price Club's warehouse format. Today's company is the product of a 1993 merger between Costco and Price Club, which opened in 1976. Costco provided Business Insider with historical photos of the chain's inaugural warehouse. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Costco of today is in fact the result of a 1993 merger between Costco and its predecessor, Price Club, which was founded in 1976 by legendary entrepreneur Sol Price.
Persons: , Sol Price Organizations: Costco, Price Club, Service, Business Locations: Seattle, Price
Gunman Countersnipers Trump NHow the Trump Rally Gunman Had an Edge Over the Countersnipers The Times recreated, in 3-D, the lines of sight for the three countersniper teams and the would-be assassin. Roof view AGR warehouse Gunman positioned behind trees AGR warehouse Gunman positioned behind trees Close-up Gunman positioned behind trees Gunman positioned behind treesThe gunman was largely concealed by two trees and the slope of a warehouse building roof, which he used as his perch. Gunman may have been only partially visible to countersnipers Shaded area hidden by slope of roof View of countersnipers AGR warehouse Gunman may have been only partially visible to countersnipers View of countersnipers Shaded area hidden by slope of roof AGR warehouse Note: Diagram represents a conservative size of the gunman's prone body. Rally crowd Gunman out of view Rally crowd Gunman out of viewFrom this view inside the building, the gunman would have been out of the countersnipers’ lines of sight. Roof view Trump Trump Close-up Trump TrumpAs he crawled up toward the peak of the roof, its slight slope would have concealed him from the Secret Service countersnipers for a majority of the time.
Persons: Countersnipers Trump, Donald J, Thomas Matthew Crooks, countersnipers, Crooks, Trump, Kimberly A, , Crooks’s, It’s, Countersnipers, Donald Trump, Trump —, Investigators, Cheatle Organizations: Trump, Times, New York Times, Capitol, Secret Service, AGR International, The Times, Service, Trump Trump, AGR, Meridian, SWAT Locations: Butler, Pa, Meridian, ., Whitestown, AGR, Pennsylvania
Aeroplan Credit Card Review 2024
  + stars: | 2024-07-23 | by ( Jasmin Baron | Angela Fung | Sarah Silbert | ) www.businessinsider.com   time to read: +25 min
It's not often an airline credit card makes waves with a strong welcome bonus and completely unique benefits, but the Aeroplan® Credit Card has managed to do just that. Aeroplan Credit Card OverviewThe Aeroplan® Credit Card has a welcome bonus offer of 70,000 points after you spend $3,000 on purchases in the first three months from account opening. Aeroplan Credit Card RewardsAeroplan Card welcome bonus offerThe Aeroplan® Credit Card is offering 70,000 points after you spend $3,000 on purchases in the first three months from account opening. Aeroplan Credit Card Annual Fee and Other CostsThe Aeroplan® Credit Card charges a $95 annual fee, but you won't pay foreign transaction fees, which makes it a good card to use when you're traveling internationally. Methodology: How we reviewed the Aeroplan cardBusiness Insider's credit cards team reviewed the Aeroplan® Credit Card in comparison to other top airline credit cards available right now.
Persons: It's, Chase, , cardholders, Cardholders, there's, you've, Aeroplan Organizations: Business Insider, Citi, Mastercard, Air Canada, Air, Star Alliance, Chase, FDIC, TSA, Citi ®, Canada, American Express, Business, Cardholders, Target, Walmart, Air Canada Aeroplan, United, ANA, Etihad, Gulf Air, US, Cruises, Discount, Air Canada Express, Air Canada Rouge, Chase TravelSM, TD Bank, CIBC Locations: Air Canada, cardholder, rideshares, GOL, North America, Mexico, Central America, Caribbean, Europe, Coast, Hawaii, Asia, Canada, Amex
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