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Employee fraud: Assistance from employees to return stolen goods for full retail price. Open-box fraud: Purchasing an item from a store and returning it opened with the intent to re-purchase it at a lower price under the store's open-box policies. A variation of price-switching.
As painful as that adage might seem, Best Buy is embracing it wholeheartedly. The big-box store chain is a common victim of so-called "showrooming," where consumers stop by their local retail.
On Friday, Best Buy (BBY) announced a new price-match policy that will include such online competitors as Amazon.com (AMZN), but the new policy falls short in one key respect: The retailer won't ...
Around 6:30 p.m. Saturday, Babitz and a suspected accomplice — who has not yet been identified by police — were accused of pointing a firearm at a restaurant employee and demanding money and ...
A letter of intent ( LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement, term sheet or memorandum of understanding. Merger and acquisition agreements, [ 1] joint venture agreements ...
In September 2013, in response to the implementation of the Affordable Care Act (ACA), Trader Joe's stated that it would require part-time employees to work an average of 30 hours per week in order to qualify for medical insurance (with free coverage for basic dental and vision care still being available for all crew members who work an average ...
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The impact of higher interest rates were evident throughout Best Buy's second quarter. Best Buy notched sizable sales declines in key departments that often get funded on credit, such as mobile ...