Retailers will close up to 15,000 stores this year, more than double that in 2024. In addition, store closures will far outpace openings.
Apple reported fiscal first-quarter earnings on Thursday that beat Wall Street estimates. The iPhone maker posted first-quarter earnings of $2.40 a share on revenue of $124.3 billion. Analysts surveyed by FactSet were expecting earnings of $2.
Chief Financial Officer Jess Merten said that the deal will generate a financial book gain of about $450 million and increase deployable capital by $900 million.
As consumers continue to dodge stores that have adopted this form of theft prevention, CVS believes it has a unique solution to tackle frustration over locked-up products, and it is testing it in select stores in New York City.
Related: Walmart launches plan to stop retail theft without frustrating shoppers. In response to the startling trend, pharmacies such as CVS Health, Walgreens and Rite Aid have op
As the Eaton fire raged through Altadena, sheriff's deputies raced through the darkened streets evacuating residents. Then the fire neared their station, and they had to evacuate, too.
In addition to helping Altadena residents evacuate, deputies also grabbed weapons and equipment from their station.