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American Apparel makes graphic allegations about former CEO
In an attempt to stanch an onslaught of lawsuits from American Apparel founder
Dov Charney, the company filed court documents releasing a trove of lurid
details about his alleged conduct at the firm. The descriptions are among the
most specific released during the year-long saga between the retailer and its
former chief executive, who was suspended in June 2014 and then terminated in
December. The documents, filed Friday in Los Angeles County Superior Court,
allege that Charney engaged in violent, derogatory and sexually inappropriate
behavior. They were filed as part of a so-called anti-SLAPP motion, intended to
halt what the company calls Charney's frivolous lawsuits. The accusations were
vehemently denied by Charney's attorneys. American Apparel declined to comment
beyond the filings. But in the documents, the company said that Charney should
be barred from filing more lawsuits because the evidence cited in the lawsuit
proves he was fired for good cause.
Charney Launches New $100M Suit Against American Apparel
Ex-American Apparel Inc. CEO Dov Charney slapped his former company, hedge fund
Standard General LP and others with a fresh suit seeking more than $100 million
in California state court on Wednesday, adding to growing litigation between the
clothier and its founder. The new suit claims the company's former Chief
Financial Officer John Luttrell made mistakes that put the company at risk and,
looking for a graceful exit, he allegedly conspired with the board to diminish
Charney's control so they could sell the company.
Marvin Ellison Steps Out and Talks Penney's Future
Marvin Ellison, J.C. Penney's president and chief executive officer designee, is
stepping out and talking strategy for the recovering midtier department store
chain. On Tuesday, in his first investor conference on behalf of Penney's
without current chairman and ceo Myron Mike Ullman at his side, Ellison
addressed investors at the Oppenheimer Consumer Conference, indicating where
Penney's shines and where it needs repair work and stressing that the $13
billion chain is on recovery road. Asked what the overall mission is at
Penney's, Ellison replied: "It's very simple - sustainable shareholder value."
He also said he wants to get into "a rhythm growing the business, creating
profit" and hitting the $1.2 billion goal for earnings before interest, taxes,
depreciation and amortization by 2017. "We think we have upside potential to do
a little better," he added.
Whole Foods accused of overcharging customers
New York City officials are investigating Whole Foods amid accusations that the
grocery chain overcharges customers, The Daily News reports. In a sting
operation during the fall, inspectors weighed 80 items from eight Whole Foods
stores across the city and found inaccurate labeling on every item, according to
New York City's Department of Consumer Affairs. The investigation found many of
those labels overcharged customers by having weights listed that did not match
the actual weight of the product.
Hershey Park Investigates Card Fraud Pattern
Hershey Park, a popular resort and amusement park in Hershey, Pa. has hired a
security firm to investigate reports from multiple financial institutions about
a possible credit card breach, KrebsOnSecurity has learned. Contacted after
reports by several financial institutions about a pattern of fraudulent charges
on customer cards that trace back to Hershey properties, the company says it is
investigating. Sources at three financial institutions say they have detected a
pattern of fraudulent activity on customer cards that were used at Hershey
properties in Pennsylvania between mid-March and late May 2015. According to the
banks, the cards were used at a variety of Hershey locations, including food and
beverage outlets, ticketing stations and the Hershey Lodge.
The Retail Equation Unveils Identify Employee Insights at 2015 NRF Protect
The Retail Equation (TRE), the industry leader in retail transaction
optimization solutions, today announced the release of Identify Employee
Insights, the newest offering in the company's portfolio of predictive analytics
tools, including Verify, Identify, and Retail Rewards®. This enhanced module
measures a number of key variables and metrics pre-determined to be indicative
of employee performance-both positive and negative. It allows retailers to
quickly and easily analyze employee behavior and reward or penalize it
This new tool gathers a retailer's t-log data and calculates these key variables
and metrics on a daily basis (or more frequently depending on the regularity of
the data feed). The data is then stored and indexed in a searchable format
allowing the retailer to analyze each employee's performance across many months
"Identify Employee Insights is deeply integrated into our Identify and Verify
solutions, which allows it to provide retailers with the unprecedented ability
to review employee performance and behavior as it compares to the store,
district, region, and chain," said Mark Hammond, CEO of The Retail Equation. "Retailers now have the ability to research down to the transaction level and
take immediate action."
The Retail Equation will be exhibiting at NRF Protect 2015 in booth number 919.
To learn more about the NRF Protect 2015 Loss Prevention Conference and Expo,
3VR Adds Directional Heat Maps to Flagship
Retail Analytics Product, Customer Insights 3VR, the video
intelligence company, announced that it has enhanced its retail analytics
product, Customer Insights, with directional heat map technology for improved
store traffic pattern analysis. Building upon traditional heat maps which
indicate how many people visit each area of a store, directional heat maps from
3VR provide additional information about how customers move through a store as
they shop for merchandise. These insights can help retailers create effective
store designs and make better merchandising decisions. "Our goal with Customer
Insights has always been to give retailers the information they need in order to
maximize business objectives through improved marketing, store operations and
loss prevention," said Jeff Karnes, senior vice president of marketing and
operations for 3VR. "Our latest advances with directional heat maps do just
that, by helping retail professionals understand and act upon customer behavior
for better shopping experiences." 3VR is demonstrating its directional heat map
technology for the first time at the NRF Protect Loss Prevention Conference &
Expo from June 24-25, in Long Beach, Calif. Interested retailers are invited to
visit booth No. 754 for more information.
CEO touts 'invisible' barcode to drastically speed up checkout process
Monday's post from Wal-Mart CEO Doug McMillon describes a photo "Inside
Walmart's Lab 415-C," where a bag of potato chips pass over what appears to be a
standard grocery store barcode scanner. But McMillon says it is "invisible
watermarking," which "could transform the way our customers check out."
Conventional packaging contains a single barcode, typically on the bottom of a
package. Supermarket scanners don't always find it right away, though, slowing
up the checkout process. That takes more time for shoppers and costs retailers
more money. Digimarc's barcodes can embed 200 barcodes on a box of cereal, Davis
said, embedding it invisibly all over the package so scanners locate them
immediately. Eventually, Davis said, Digimarc's barcodes may help eliminate the
need for lines at the checkout register altogether. Shoppers could place items
in a cart equipped with scanners that can easily find barcodes all over.
These 3 kinds of Shoplifters cost Wal-Mart a ton of money
How much theft goes on depends on the location of the store. Some stores get
victimized more than others. The non-employees who steal from Walmart fall into
● Petty thieves who steal one or two items relatively low-cost items at a time.
When my wife worked there, the most commonly stolen item was a home pregnancy
test kit, which would be used in the store rest room and then ditched. The
(presumably) girls who took these always went for the most expensive brand.
● Serial thieves who stole mostly in order to return the items at the service
desk for cash, one item at a time. Popular items were small and relatively high
cost. Printer cartridges and small tools were popular with this group.
● Theft ring members who would come into the store and take single items every
day, or would take a lot of items out in a single haul. My wife once found a
huge plastic tote box abandoned near the entryway. It contained cartons of
cigarettes, boxes of Sudafed (this was before it was kept behind the pharmacy
counter), 9-volt batteries (also useful in meth labs), and various brand name
OTC drugs. The latter were sold to convenience store owners for resale, far
below the price they would pay to legitimate distributors.
The store loses far more money to employee theft and fraud schemes. Stealing
money out of the till is easy, but easily traced back to the employee. A more
sophisticated scam was to short-change customers, or to secretly add a cash-back
charge to their credit card, pocketing the cash. Another method involved having
a confederate, acting as a customer. The customer would bring a high-ticket item
to the register, but a low-ticket bar code would be scanned, allowing the
customer to pay a greatly reduced price. The customer could bring multiple
high-cost items through on each trip.
Federal Judge Issues Injunction Blocking Sysco-US Foods Merger -- 3rd Update
A federal judge on Tuesday issued a preliminary injunction blocking Sysco
Corp.'s planned acquisition of US Foods Inc., a ruling that could kill a deal to
combine the nation's two largest food distributors. The decision by U.S.
District Judge Amit Mehta in Washington handed a high-profile victory to the
Federal Trade Commission, which filed a lawsuit in February challenging the
transaction on antitrust grounds.
The Sysco-US Foods deal, announced in December 2013, sought to combine the food
distributors that lead the pack in providing ingredients and a range of other
supplies to restaurants, hotels, schools and other food service operations. The
FTC argued the merger would leave customers large and small vulnerable to higher
prices and reduced levels of service. The companies argued their tie-up would
help them improve service and become more efficient, while cutting hundreds of
millions of dollars in costs. Judge Mehta said the FTC had shown that putting
the brakes on the merger was in the public interest.
Lowe's looking for Director of Fraud and ORC
Wal-Mart to impose charges on suppliers as its costs mount
DABC budget cuts include reduced pay for Utah
Liquor Store Security Officers
Ikea raises minimum wage for US workers 2nd year in a row
Study: Shoppers leaving national brands behind
Survey: Publix, Trader Joe's, H-E-B make people