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Shoplifting Costs Retailers Billions: These Are Most Frequently Stolen Items
Shoplifting in the US is a costly epidemic, with retailers losing over $120 billion last year.
The trend focuses on easily concealed, high-demand products at major retailers like Walmart and Target, posing a nationwide challenge for store owners and law enforcement.
Electronics, health and beauty products, and food items are among the most commonly stolen goods, Capital One Shopping reports.
Small gadgets such as headphones and phone chargers, alongside over-the-counter medications and cosmetics, are frequent targets.
Alcohol, baby formula, and packaged meats are also popular …
Moderation Mess: Meta Admits Harmless Content Often Gets Taken Down
Meta is admitting that harmless content gets taken down amid criticism for its handling of moderation.
“Too often, harmless content gets taken down, or restricted, and too many people get penalized unfairly,” the company's president of global affairs, Nick Glegg, told reporters on Monday, Dec. 2, according to a report in The Verge.
Meta's platforms include Facebook, Instagram, Threads, and WhatsApp.
Despite advancements in AI moderation, Clegg acknowledged there is still “work to do” in ensuring fair and accurate enforcement, the report said.
Meta has promised to refine its…
Hearst Lays Off Around 200 Employees From Magazine Division
Hearst Magazines has just fired around 200 employees, most of whom were assigned to the company's midtown Manhattan headquarters, according to multiple reports.
Cosmopolitan, Esquire, Good Housekeeping, Men's Health, Popular Mechanics, Town & Country, and Harper's Bazaar are among the titles the division of Hearts Communications publishes.
Affected employees were notified in a private meeting days before Thanksgiving, according to New York Magazine.
Some of the Hearst publications :were already run by a skeleton crew" after years of downsizing, the report in New York said.
Gen Z Leads Black Friday Frenzy At Garden State Plaza, Smashing Sales Records
Shoppers flocked to the Westfield Garden State Plaza this Black Friday, making it the mall's most successful event since 2018, mall officials said.
The center opened its doors at 7 a.m. on Friday, Nov. 29, but eager crowds had already formed long lines outside popular stores like UGG, Sephora, Lululemon, Aritzia, and Macy’s, according to Wesley Rebisz, senior general manager of Westfield Garden State Plaza.
Extended hours, from 7 a.m. to 11 p.m., gave shoppers more time to score deals, with the mall remaining packed well past 9 p.m.
Rebisz attributed the record turnout to effective promoti…
Amazon Workers Go On Strike, Protest In 20 Nations, Including US
Amid the busiest shopping weekend of the holiday season, workers for Amazon, the world's largest online retailer, have gone on strike.
Protesting under the banner of “Make Amazon Pay.” employees have walked off the job across six continents in 20 countries, including the United States.
The strike is scheduled to last from Black Friday on Nov. 29 through Cyber Monday, Dec. 2, the UNI Global Union announced, saying protests will be held in majors cities in the US, United Kingdom, Germany, Japan, India, Brazil and elsewhere.
The strike could cause customers' holiday deliveries …