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Sunday, dec 29
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Sunday, dec 29
Business
Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says
A Macy’s employee misstated up to $154 million in delivery expenses over several years, the company just said. The development forced the retailer to delay its third-quarter earnings report. The employee, whose name has not been released, has been fired. According to the company, the employee responsible for accounting small package delivery expenses made erroneous accrual entries to conceal the costs from the fourth quarter of 2021 through the most recent quarter. During that time, Macy’s reported a total of $4.36 billion in delivery expenses. The company conducted an independent investi…
Business
McDonald's Launching Revamped Value Menu In New Year: Here's When
McDonald’s will ring in the new year by serving more for less. The fast food giant will unveil its new “McValue” menu nationwide starting on Tuesday, Jan. 7. McValue will include current fan-favorites, like the $5 Meal Deal, and a new “Buy One, Add One for $1” offer, allowing customers to mix and match their order. Breakfast options include classics like the sausage McMuffin and hash browns, while lunch offerings feature the 6-piece chicken McNuggets and double cheeseburger. McDonald’s is also extending through next summer its $5 Meal Deal, a combination of a McDouble or McChicken sandwi…
Business
Supermarket Game Changer? ShopRite Rolling Out Smart Carts In NJ, Along East Coast
Imagine strolling through your local supermarket, scanning items, calculating your total, and then, skipping the checkout line? Thanks to an AI-powered "smart cart," that's now possible. This futuristic shopping experience is now a reality in select ShopRite locations in the East Coast as the supermarket chain introduces technology designed by Instacart to save shoppers time and make grocery runs smoother than ever. The so-called "Caper Carts" are designed to make grocery shopping faster, smarter, and more interactive. To date, about a dozen ShopRite stores have added the carts as another…
Business
Recall Involving Bagged Carrots Expanded: See List Of Supermarkets, Products
An E. coli outbreak linked to bagged organic carrots has prompted an expanded recall as the number of cases grows. The Centers for Disease Control and Prevention (CDC) reports that 39 people across 18 states have been sickened. Click here for a new, updated story - Here's What To Know Now About Food Illness Outbreaks, Recalls Ahead Of Thanksgiving The outbreak has resulted in 15 hospitalizations and one death. The recall initially began earlier this month when reports of illnesses linked to Grimmway Farms’ bagged carrots surfaced. The recall now covers multiple brands of orga…
Business
Apple Issues 'Update Now' Warning To iPhone, iPad Users
Apple has just issued what it calls an urgent update for iPhone and iPad users that it says provides protection two critical security vulnerabilities related to exploits of user data while browsing on these devices. The download to iOS 18.1.1 fixes issues in JavaScriptCore and WebKit that could allow attackers to execute malicious code through crafted web content. Apple says users should install the update promptly. You can do this by navigating to Settings > General > Software Update on your device. For more information on the updates from Apple, click here.
Business
Roy Rogers Making South Jersey Comeback After 'Overwhelming' Requests For Restaurant
A fast-food chain known for its roast beef sandwiches and fried chicken will return to South Jersey, opening its first restaurant in the region in four decades, officials said. Roy Rogers Restaurants will open a new location in Cherry Hill in the spring of 2025, the company said in a news release. The chain signed a lease for a 3,300-square-foot space on Haddonfield Road. The company said the restaurant will be the only burger drive-thru on the busy road. "We could not be happier to bring our [U.S. Department of Agriculture] choice top round roast beef, juicy burgers, and fresh, …
Business
Nationwide Ground Beef Recall Issued Over E. Coli Contamination Risk
A major, nationwide recall is underway for more than 167,000 pounds of ground beef due to possible contamination with E. coli. Wolverine Packing Co., based in Detroit, issued the recall, the US Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced late Wednesday night, Nov. 20. The affected products include fresh ground beef with a “use by” date of Nov. 14 and frozen products marked with a production date of Oct. 22. The items, bearing establishment number “EST. 2574B” inside the USDA inspection mark, were shipped to restaurants nationwide. View the full product …
Business
Jersey Mike’s Sells Majority Stake To Blackstone, Chain's Founder Aims For 'Greater Heights'
Jersey Mike’s Subs, a Garden State icon that grew into a national sandwich powerhouse, is set to sell a majority stake to private equity giant Blackstone, officials said. The Manasquan-based restaurant chain has agreed to sell the stake in the company, Blackstone said in a news release on Tuesday, Nov. 19. Jersey Mike’s founder and CEO Peter Cancro will keep a significant equity share and continue leading the business. When he was 14 years old, Cancro began working at the original location in Point Pleasant that opened as Mike's Subs in 1958. At 17, he bought the restaurant in 1975 and…
Business
End Of An Era: Jersey Shore Bar Closes After 17 Years
A popular Wildwood staple is saying farewell after nearly two decades. Goodnight Irene’s, the iconic restaurant and bar at Pacific Avenue and East Poplar Avenue, announced that this weekend will be its last after 17 years. "AND THAT’S A WRAP FOLKS!" the owners shared on Facebook. "We appreciate you all more than you know." The final days of service, running through Sunday night, Nov. 17, promise to be filled with goodbyes and nostalgia. "We hope to see as many of you as possible," the Irenes family wrote, signing off with "LOVE." For countless locals and visitors, Goodnight Irene’s has b…
Business
Red Lobster Launches Revamped Menu With 7 New Items After Exiting Bankruptcy
Two months after exiting bankruptcy, restaurant chain Red Lobster is unveiling a revamped menu. It features these seven new items: Lobster Pappardelle Pasta Bacon Wrapped Sea Scallops Lobster Bisque Lemon Basil Mahi Simply Prepared Mahi Parmesan-Crusted Chicken Roasted Asparagus In addition, a pair of old fan-favorites that had been discontinued are back: Popcorn Shrimp, Hush Puppies Red Lobster is now giving guests the ability to customize their seafood favorites with the launch of "Create your Own Ultimate Feast." Customers can mix and match two premium picks such as …
Business
Advance Auto Parts To Close Over 700 Stores
A nationwide auto parts retailers says it will close over 700 stores as part of “a strategic plan to improve business performance.” Advance Auto Parts, which has about 4,800 total stores, and locations in almost every state, made the announcement on Thursday, Nov. 14. The affected outlets will close by May 2025 and are made up of 523 corporate stores, and 204 independently owned locations. In addition, four distribution centers will also close. Specific locations to be closed have not yet been announced. In announcing the move, President and Chief Executive Officer Shane O’Kelly said…
Business
Large Hotel Proposed For Property Of Gillian's Wonderland Pier In Ocean City: Reports
A developer is planning to bring a new purpose to a shuttered and iconic amusement park on the Ocean City boardwalk, according to reports. Wonderland Pier owner Eustace Mita said he wants to create a 252-room hotel on the site of the theme park that closed in October, abc6 Action News reported. Mita is also the developer and CEO of ICONA Resorts. The $135 to $155 million proposal would preserve Wonderland's famous Ferris wheel and carousel. "Our thought was we will rehab it, keep it, and actually raise it by 10 feet," Mita told abc6. "That will be a $1.5 million project." A renderi…
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