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Swedish clothing company H&M is planning to close 250 stores next year.On Thursday, CEO Helena Helmersson said in a press release that the coronavirus pandemic had played a role in the retail chain's decision since more shoppers were buying online."More and more customers started shopping online during the pandemic, and they are making it clear that they value a convenient and inspiring experience in which stores and online interact and strengthen each other," Helmersson said.Helmersson added that sales declined 5% in September compared to the same time last year."Although the challenges are far from over, we believe that the worst is behind us and we are well placed to come out of the crisis stronger," Helmersson said.H&M has 5,000 stores worldwide. No word yet on which stores will be closing. 821
Starbucks opened the first of its fancy new Reserve stores Tuesday, as it continues battle competition from upscale coffee brands like Blue Bottle and Intelligentsia.The company said the store, which debuted inside its Seattle headquarters, is the first of 1,000 planned Reserve stores.Starbucks described the store concept as "an open, marketplace style" with a Princi bakery counter, a full liquor bar and a Reserve coffee bar, with tables, lounge areas and two fireplaces."Our Reserve store takes the best of coffee craft as well as artisan baking and layers in a marketplace-style customer experience creating a space that has both energy and moments of intimacy," said Liz Muller, senior vice president of Creative, Global Design & Innovation at Starbucks, in a statement.The company said the new products at the Seattle Reserve store include the Nitro Draft Latte, Spiced Ginger Cold Brew and an espresso drink called Bianco Mocha.Starbucks said that its Reserve rollout, which has been in the works since 2016, will also include 20 to 30 new Roasteries, with locations planned for Milan and New York this year, and in Tokyo and Chicago next year. The company said that some of the new Reserve stores will be converted from existing Starbucks stores.The company said it already has dozens of Reserve bars open in existing Starbucks locations. The Reserve bars are different from the Reserve stores. The company said it also plans to open stand-alone Princi stores in Seattle, Chicago and New York.Starbucks has more than 28,000 stores worldwide, according to its latest earnings report in January. But the company's growth of new stores fell below analysts' expectations.Howard Schultz stepped down as Chief Executive Officer last year but stayed with the company to focus on the Reserve brand. Kevin Johnson is the current CEO. 1846
The battle over MCAS flight paths continues. For years, residents have expressed concerns about noise, pollution and potential crashes. Earlier this month, councilwoman Barbara Bry wrote a letter to MCAS asking pilots ot adhere to flight corridors that avoid direct traffic over University City. Neighbors in the area are still coping from the 2008 crash that killed four people when a jet went spiraling into two homes. "We’ve already had one accident in UC years ago," said Don Hoetz. "Right below that flight path and we just don’t want to see that happen again."MCAS released a statement to 10news, saying in part;"All aircraft routes, including departures over University City, depend on a myriad offactors including weather, other air traffic, and the flight characteristics of the aircraft. In all cases, aircraft use navigable airspace in a manner authorized by the FAA."Colonel Charles Dockery responded to councilwoman Bry's letter Thursday morning. He reiterated that all of the flights they use are approved by the FAA and said they must prioritize safety over noise. 1089
Statement from Secretary of State Brad Raffensperger pic.twitter.com/Sf1JIWH5qg— GA Secretary of State Brad Raffensperger (@GaSecofState) November 9, 2020 162
Target is hiring more than 100,000 temporary workers for the holidays -- a sharp increase over last year.The company announced Wednesday that the jobs will be in stores and distribution and fulfillment centers. The workers will stock shelves, help customers, pack and load products and fill online orders.In 2016, Target brought on 77,500 temporary workers.Target will hold recruiting events at each of its 1,800 stores from October 13 through 15. The company says applicants can interview and even be offered jobs on the spot.Prospective hires can also apply online.The temporary workers get a few benefits, including a 10% discount at the store and online, and 20% for fruits, vegetables and other "wellness" products.Employees who already work at Target can increase their hours during the holiday season. 816