1. Dollar General, the very profitable chain of bargain stores, announced
plans for 32 up-scale stores named “Popshelf.” *** The company assured investors that it would
continue to maintain low overheads, source products from the lowest cost
suppliers, and never pay someone to come up with a good name for its stores.
2. McDonald’s has added three pastries to its menu—blueberry
muffins, apple fritters and cinnamon rolls—after surveys indicated a growing
market for baked goods. *** On
the other hand, previous product failures, such as Hula Burgers, Onion
McNuggets and McHotDogs, showed there was no market for ideas that were only
half-baked.
3. British Vogue magazine has given the “Official Sandal of
2020” award to the trendy Birkenstock, which has been recommended by
podiatrists for its compliant soles and extra arch support. *** And, for Kim Kardashian, extra support in the heels.
4. Kim Richardson, a 63 year old Texas woman, has been sentenced
to 54 months in prison for shoplifting millions of dollars in merchandise over
the past 19 years.
*** Ms. Richardson is
surprisingly upbeat, and with her shoplifting skills expects to leave there
with an entirely new wardrobe, a complete set of matching dinnerware and enough
books to fill a small library.
5. To better accommodate and direct large numbers of shoppers
during peak periods, Walmart is changing its store layouts and signage, and is studying
airports for best practices. *** Additionally,
a company spokesperson announced that all new shopping carts will have two
wheels and a retractable handle.
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