Federal Reserve Governor Christopher Waller sees potential for stablecoins in retail payments, but they need regulatory oversight and scalability. While currently underused, companies are starting to integrate stablecoin acceptance into their systems. Waller also highlighted their potential for cross-border payments and in countries with high inflation. However, the lack of a federal regulatory framework remains a significant hurdle.
Stop & Shop workers threaten strike All five United Food and Commercial Workers union locals are ready to strike in solidarity with Teamsters Local 25, who are fighting Stop & Shop's plan to close a warehouse and outsource operations unless a new health care contract is agreed upon. Stop & Shop wants to cut costs and is pushing for workers to adopt a new health care plan, but the unions aren't having it. The current contract expires on March 29, and if no agreement is reached, a strike is imminent. The UFCW, representing 30,000 workers, is backing the Teamsters all the way. [Supermarket News]
Say goodbye to Target and Walmart in the US – a new, much cheaper retail competitor is emerging Aldi is on a mission to make your grocery bill less painful by opening over 225 new stores in 2025, marking its biggest U.S. expansion yet. The European chain is converting Winn-Dixie and Harveys Supermarket locations into Aldi stores, aiming to remodel around 220 Southeastern Grocers stores by 2027. Aldi's rapid growth is making competitors sweat, often leading them to drop prices on essentials like milk and eggs. So, even if you don't shop at Aldi, you might still benefit.
In Cambria County, a grocery store worker, Dylan Shaffer, was arrested for allegedly threatening a mass shooting at his workplace while playing Xbox. A fellow gamer from Minnesota reported Shaffer's disturbing comments to the police, leading to his arrest. Shaffer denied the threats, but the store temporarily closed as a precaution. He's now facing multiple charges, including criminal use of a communication device.
'Uber with guns': App available in LA provides armed security with click of a button There's a new app in town called Protector, and it's basically Uber with bodyguards. For a cool $1,000 minimum, you can hire a vetted, armed bodyguard in Los Angeles or New York. The app lets you pick your protector's style and ride, but make sure they're legit and licensed. [abc7]
TalkLP Podcast host Amber Bradley welcomes Khris Hamlin to the podcast as RILA’s Vice President of Asset Protection. Amber and Khris chat about the difference between association vs. retailer life. They also dive into the Vibrant Communities Initiative (VCI) and how it is tapping into the power of collaboration – bringing together prosecutors, law enforcement, retailers, and tech to find real solutions for tackling organized retail crime, fraud, and theft plaguing the retail industry. Plus, he is gearing up for the RILA Retail Asset Protection Conference (April 27-30). He even drops some nuggets on CAN’T MISS workshops and sessions. Hint: don’t leave early and miss what’s in store Wednesday! Listen Now!
Connect with Khris here and check out the RILA conference to sign up today.
WOW – that title certainly forced me to read your ‘MY TAKE!’ Human behavior has always fascinated me, so I found your piece enlightening. I not only agree with you that an Employee Awareness program is valuable, but in my opinion, it is the best tool we have to communicate our LP messaging directly to store-level employees. Nice work on this! – Brendan P.
I have read Dan Ariely’s book and found it fascinating. It is crazy to think that so many people cheat in the studies you pointed out. I guess that’s why they say, everybody has their price.” Pretty sad, but great article. - Anonymous
Well done, Amber! I think the longer we are in this profession, the more we forget that modifying employee behavior is the secret to reducing shrink and improving safety. This is a refreshing reminder. – Greg S.
Do you have a different take?
Tell us by sending a named or anonymous note to comments@talklpnews.com. We'll publish your comments throughout the week.
Leesburg police chief addresses organized retail theft and department changes
LOUDOUN COUNTY, Va. (7News) — On 7News at noon, Leesburg Police Chief Thea Pirnat discussed the ongoing issue of organized retail theft and recent developments within the police department.
In addition to addressing theft, Pirnat provided an update on a recent attempted break-in at a gun store that occurred about 10 days ago. However, no further details were disclosed regarding the investigation.
Concerning reports of 7-Eleven employees being forced to pay back parts of their wages have come to light.
Recent media reports suggest that franchisees of the embattled 7-Eleven brand, have continued to flout their employment law obligations. Workers have spoken to media outlets claiming that their employers have required to pay them back a portion of their wages.
SLED charges former convenience store employee with lottery fraud
DORCHESTER COUNTY, S.C. (WCSC) - The South Carolina Law Enforcement Division charged a gas station clerk with lottery fraud back on Feb. 3.
Christopher Alexander Konwai, 29, is charged with attempting to influence a game by coercion and tampering with lottery tickets.
The charges stem from an incident on Nov. 9 and 10, 2024 when Konwai tampered with South Carolina Education Lottery tickets by intentionally scratching off the tickets to see if they were winnings, according to the affidavit.
RH is seeking a Director of Corporate Safety & Security to play a pivotal role in fostering a safe and secure environment for our people, across all facets of the organization. This leader will serve as the central point of contact for safety and security matters, addressing incidents with a strategic and solutions-oriented approach. The Director will collaborate with diverse stakeholders and cross-functional partners, to ensure a comprehensive and integrated safety strategy. The ideal candidate is committed to service, educating and empowering teams to prioritize safety and security at every level.
Reward offered for suspect accused of killing East Point Family Dollar customer
EAST POINT, Ga. — A reward has been offered leading to the arrest of the man accused of killing a customer at a Family Dollar in East Point on Christmas Eve 2024.
Police say Justin Hodges was a security guard at the Family Dollar store on Delowe Drive. Hodges is wanted for murder and aggravated assault.
He is accused of fatally shooting 34-year-old Scott Melton last year and remains on the loose.
Officers did say Hodges was acting as a security guard at the store. But officers say he wasn’t hired by the store,
Threats made at McDonald's What we know: According to a criminal complaint, Milwaukee police were dispatched to a McDonald's restaurant near 14th and Burnham on the night of Jan. 30 to investigate a shooting.
4 women suspected in retail theft crew arrested after stealing from Gaithersburg Lululemon: police
MONTGOMERY COUNTY, Md. - Police in Montgomery County say they have arrested four women believed to be part of a retail theft ring that's targeted the same businesses repeatedly for months.
The four women, all from D.C., were taken into custody at Downtown Crown Shopping Center Wednesday afternoon.
Police say 26-year-old Mone Herndon, 26-year-old Shawn Stewart, 18-year-old Precious Spivey and a 17-year-old, who remains unidentified due to her status as a minor, are facing felony theft-related charges.
Seattle police: Shoplifting suspect punches employee, escapes on city bus
Seattle police arrested a 28-year-old man Thursday after he allegedly stole items from a Queen Anne grocery store, punched an employee, and attempted to leave the scene by boarding a King County Metro bus, according to the Seattle Police Department.
Officers from the West Precinct responded to reports of a robbery around 8 a.m. at a grocery store in the 2100 block of Queen Anne Avenue North.
A 22-year-old store employee told police he recognized the suspect as a regular shoplifter and informed him he was not welcome inside the store.
San Jose man arrested in connection with string of retail thefts
A San Jose man was arrested earlier this week on suspicion of committing multiple retail thefts at a business over the course of nearly a year starting in 2023, according to police.
A press release issued by the San Jose Police Department Thursday morning said the arrest was in connection with multiple incidents between November of 2023 and last October that happened at a business located on the 700 block of Ridder Park Dr. While police did not specify the business, it appeared that a Lowe's Home Improvement store was the only large retail shop found on that block.
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