Walgreens completes drugstore chain deal for $438M.
Walgreen Co. purchased a regional drugstore chain that operates
under the names USA Drug, Super D Drug, and Med-X in several states.
The deal involved 144 stores focused in the mid-South. The company
announced the deal in July and closed the deal Monday afternoon. (Source
yahoo.com)
Japanese store and manufacturing operations remain disrupted across
China. Numbers of Japanese stores,
brands and manufacturers ceased normal business operations across
China today amid concerns that violent protests could erupt again as
tensions mount over an issue that occurred in 1931. Flights to China
from Japan have seen numerous cancellations, Honda and Toyota were
forced to closed dealerships, and Mazda and Nissan have been forced to
halt production. (Source
thefiscaltimes.com)
MasterCard releases PayPass developer toolkit for Android and
Blackberry platforms. This toolkit will allow mobile operators
and third-party developers the ability to integrate support for its
"tap-and-go" contactless mobile payments solution. (Source
techcrunch.com)

Panera Bread franchisee settles discrimination suit.
Sam Covelli owns and operates Panera Bread locations in
Pennsylvania, Ohio, Florida, Kentucky and West Virginia, and now he has
settled a discrimination lawsuit over the treatment of black
employees. According to court documents, Sam Covelli denied
promotions and demanded that black associates work only in the
kitchen area of his stores. Approximately 200 to 300 black workers
may be entitled to money from the court settlement. (Source
wtae.com)
Target Corp. CEO Gregg Steinhafel makes $6.2M profit on stock sale.
The man at the center of the bull’s-eye, Gregg Steinhafel, chairman,
president and chief executive officer at Target Corp., exercised an
option to buy 200,000 shares of the retailer at $33.80 Friday and
turned around to sell off the stock at $64.57, a $6.2 million
profit. Steinhafel continues to own 269,924 shares of the company
directly and another 368,708 shares indirectly, according to a
filing with the Securities and Exchange Commission. (Source
wwd.com)
Kohl’s to hire 52,700 Holiday Associates.
Kohl’s will also be hiring an additional 5,700 distribution center
employees and 30 credit operations, this is a 4% increase over
Holiday hiring for 2011. The stores will see an average of 41 new
associates per location. (Source
dailyfinance.com)
Activist Fund takes 13.3% stake in Office Depot, believes the stock
is deeply undervalued. Activist
investment advisor Starboard Value announced yesterday that it has
taken a 13.3% ownership stake in Office Depot (NYSE: ODP), making it the
company's largest common shareholder. In a letter to the company,
Starboard outlined "a number of opportunities to meaningfully
improve operating performance and dramatically increase EBITDA,"
according to a Starboard press release. Suggestions in the letter
include downsizing to smaller store formats and lowering advertising
expenses. (Source
forbes.com)
Hobby Lobby sues over 'morning-after pill' mandate.
Hobby Lobby Stores Inc. filed a lawsuit last week
challenging part of the Patient Protection and Affordable Care Act
that requires employers to provide coverage for the morning-after
pill. The Christian-oriented chain, which is based on Oklahoma City,
claims the mandate is unconstitutional and forces the company’s
owners to "violate their deeply held religious beliefs under threat
of heavy fines, penalties and lawsuits." The company said failure
to offer the drugs through its health insurance plan could cause
fines up to $1.3 million a day. (Source
fox19.com)
French Apple Store employees plan to strike as iPhone 5 is released.
Apple operates 15 stores in France, two of those are in Paris. The
associates are demanding pay raises, as well as a water fountain and
lunch vouchers. They are said to be unhappy over Apple’s salary
grid, and the disparity in pay for the same jobs. Furthermore, one
of the stores is said to be in an expensive part of the city, hence
the request for lunch vouchers. Friday’s launch of the iPhone 5 could
be the largest sales day in Apple’s history. (Source
cultofmac.com)
UK’s JD Sports' profits plunge following recent buy-out.
JD Sports warned today that further store closures may be coming for
Blacks Leisure stores. JD Sport bought out Blacks in January and since
then profits have fallen 85%. JD Sports stated that Blacks’ sales
were affected for the first three months due to a shortage of inventory.
Blacks is now fully restocked and new programs are in place. (Source
eadt.co.uk)
Starbucks to hire 100 Apprentices in the UK over the next 2 years.
The year long apprentice program could
land you an opportunity to run one of the 300 new stores opening in
the UK in the next 5 years. Starbucks plans on creating 5000 new
jobs in the UK. (Source
theretailbulletin.com)
More con artists are trying phone scams. Anyone
with a phone number is a target and these new tricks are not flim-flam.
Spam text messages are also a threat, with 70% of them being
financially motivated. In July, 30 million spam texts were sent a
day, and it is expected that for the month of September, that number
will increase to 45 million a day. (Source
usatoday.com)

Wisconsin Convenience Store Manager accused of embezzling $1.3
million. Bonnie Hartle, 42, of Central
Wisconsin is believed to have taken $1000 per week for the last 10
years from the Weller Convenience Store. The investigation started
back in December and the Weller’s were good friends with Hartle. (Source
myfoxwausau.com)

UK
Men jailed for $1.2 million circular saw cash machine raids.
Four men have been sentenced to 24 years in jail for a year long
campaign of raids on supermarket cash machines using a circular saw.
The men all pleaded guilty to hitting 30 grocery store cash machines
and one garage. (Source
telegraph.co.uk)
Wrongful death lawsuit filed against Walmart by family of Joplin
tornado victim. The wife and daughter
of a man killed in the Joplin Walmart have now filed a wrongful
death law suit. The suit alleges that Stanley Kirk was not allowed
to leave the store and was directed to an unsafe location. Kirk
lived three miles from the store. (Source
kait8.com)
Shoplifter dies in jail after being shocked with a Taser.
A 60-year-old man has died after being stunned
with a Taser at the Snohomish County Jail. Everett police spokesman
Aaron Snell says the man, who was from Concrete, resisted jail
officers after being arrested for investigation of shoplifting at a
gas station Friday night. They used a Taser on him and placed him in
isolation. During a check on the man, jail staff noticed he was
distressed and performed CPR, but the man died. It isn't clear if
the Taser use contributed to the man's death. The medical examiner's
office will determine cause of death. The Snohomish County Multiple
Agency Response Team is investigating. (Source
myeverettnews.com)

Two
arrested after intentionally releasing pepper spray into a Riverton,
Utah Walmart. Parents of the teens
tipped off Police to an odd event: the teens were spraying their
friend with pepper spray in the toy department. The cloud of pepper
spray caused an evacuation of the store, and damaged and destroyed
the entire produce section of the store. (Source
fox13now.com) (Source
deseretnews.com)
Four suspects sought in violent Target shoplifting case in Odessa.
Three men and one woman concealed items,
as the female suspect was being apprehended she grabbed the
associate by the hair and punched her several times to the body. A
second associate attempted to step in and was punched and pushed out
of the way. The four suspects got away. The Target associates were
not seriously injured. (Source
oaoa.com)

Police
arrest man in string of drugstore robberies.
Police arrested a man for robbing several drugstores in Virginia
Beach. Police say James-Lief Christopher McNamara held up six Rite
Aid and Walgreens locations over a five-day period in early
September. In each case, McNamara allegedly approached cashier
counters to purchase an item and took money from the register before
walking out of the store. (Source
wavy.com)

Charlotte
police nab cell phone store burglars, may be responsible for more
than a dozen break-ins. One suspect
gave a stolen phone to his sister for her birthday. When she went to
the store to be activated the 'Power Range' gang was caught. (Source
wsoctv.com)
New
Jersey Man Fined After Stealing $3,000 Worth of Goods on a Royal
Caribbean Cruise to Bermuda. William
James Mullen, a 46-year-old New Jersey resident, pleaded guilty in
Magistrates’ Court to stealing nearly $3,000 of spa goods and a
Royal Caribbean Sea Pass Card, which he used to buy two bottles of
cologne. According to the charges, the incidents occurred in Bermuda
waters. Following his massage, Mullen was left unsupervised for a
period, during which time he stole $2,799 worth of spa products. The next
day, Mullen stole another passenger’s Sea Pass Card, which is used
to make purchases on the vessel. He then used the card at an
on-board store to purchase $136 of cologne, signing the card-owner’s
name. Mullen’s got kicked off of the ship and must pay $2,000 for each count of stealing, paid
immediately. (Source
travelerstoday.com)

Toronto
Police are searching for Max Tutiven, 39, being sought in connection
with the killing of Jayesh Prajapati, 44, who was struck as he
intervened when a driver in a sport-utility vehicle fled a gas
station without paying the $112.85 he owed for a fill-up.
Tutiven is wanted for second-degree murder. (Source
ctvnews.ca)

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