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Dick’s Sporting Goods blames ‘increasingly serious’ theft problem for profit plunge

Published Mon, 11 Nov 2024 03:59:43 GMT

New York (CNN) — Dick’s Sporting Goods warned Tuesday that retail theft is damaging its business and would lead to lower annual profits.The sporting goods and athletic clothing seller reported second-quarter results Tuesday morning that included a 23% drop in profit, despite sales that rose 3.6% in the period. Shares of Dick’s (DKS) plunged nearly 24% Tuesday.The company blamed shrink, the industry term for theft and damaged inventory, for its surprisingly poor earnings. Although other national retailers have also warned investors about growing theft, Dick’s is among the first to blame its lackluster quarterly financial report primarily on theft.“Our [second-quarter] profitability was short of our expectations due in large part to the impact of elevated inventory shrink, an increasingly serious issue impacting many retailers,” CEO Lauren Hobart said in a statement. Retail “shrink” is a term that refers to merchandise that goes missing due to theft, fraud, damage, accountin...

Massachusetts ‘heroic’ man who drowned after saving wife, child from New Hampshire river ‘had a pure heart of gold’

Published Mon, 11 Nov 2024 03:59:43 GMT

The 37-year-old Lawrence man who died after saving his wife and her child from a raging New Hampshire river is being remembered as a hero who had a “pure heart of gold.”Vincent Parr drowned following the Sunday afternoon rescue in the Swift River in White Mountain National Forest.This drowning in a New Hampshire river comes less than a week after a Lynn woman died when she tried to help her child who had slipped into Franconia Falls.After Parr’s wife and her child on Sunday got caught in the fast-moving currents near an eddy, Parr dove in to rescue them — but he became caught in the current himself. His wife and her child safely got to shore, but Parr didn’t immediately return to the surface amid the strong current.He ended up slipping away for several minutes before resurfacing and receiving CPR. Parr was ultimately pronounced dead.“Vincent was a family man and had a pure heart of gold,” reads a GoFundMe page for Parr’s funeral expens...

Firefighters in Greece have discovered the bodies of 18 people in an area with a major wildfire

Published Mon, 11 Nov 2024 03:59:43 GMT

By COSTAS KANTOURIS and ELENA BECATOROS (Associated Press)ALEXANDROUPOLIS, Greece (AP) — Firefighters found the burnt bodies of 18 people, believed to have been migrants who had crossed the nearby border with Turkey, in an area of northeastern Greece ravaged by a major wildfire that raged for a fourth day Tuesday. The discovery in the Avantas area near the city of Alexandroupolis came as hundreds of firefighters battled dozens of wildfires across the country amid gale-force winds. On Monday, two people died and two firefighters were injured in separate fires in northern and central Greece.With their hot, dry summers, southern European countries are particularly prone to wildfires. Another major blaze was burning across Tenerife in Spain’s Canary Islands for a week, although no injuries or damage to homes was reported.European Union officials have blamed climate change for the increasing frequency and intensity of wildfires in Europe, noting that 2022 was the second-worst...

Home hospital care is on the rise — is it right for you?

Published Mon, 11 Nov 2024 03:59:43 GMT

By John Rossheim | NerdWalletIncessant patient-monitor alarms. Hospital food. Middle-of-the-night checks of vital signs. The audible suffering of random roommates.Yes, being in the hospital is no fun, and not only because you’re receiving treatment for an acute illness or serious injury.Decades ago, doctors began wondering if select patients presenting in hospital emergency rooms with certain illnesses and injuries couldn’t be sent home to be monitored closely and treated there, rather than being admitted to a hospital ward. This seemed feasible for many chronically ill patients experiencing flare-ups, such as people with complications from diabetes or certain heart conditions.“Who wouldn’t want to be home rather than in the hospital?” says Dr. Jeff Levin-Scherz, an assistant professor at the Harvard T.H. Chan School of Public Health and a health management consultant at WTW, a financial services company. And the stressful hospital environment isn’t just unpleasant for patients; it ...

Ontario Place redesign to include more public space following criticism over initial plan

Published Mon, 11 Nov 2024 03:59:43 GMT

An Austrian-based company set to open a private spa and waterpark at Ontario Place released its updated vision for the space, following what critics say was a loss of public park space in its initial design.On Tuesday, Therme says public space will be expanded, partly owing to space that will be on the bridge connecting the West Island of Ontario Place to the mainland, and will also include a beach.The spa will also be smaller than its initial design, which was six stories high and taking up 19 per cent of Ontario Place’s 155 acres.Therme Canada says the updated design was based on input from the Mississaugas of the Credit First Nation, as well as feedback from public meetings, community engagement and City of Toronto planning staff.Some of the changes include (as provided by Therma Group):Public parkland area that includes parks, rooftop trails and gardens, will increase by 35 per cent to 15.9 acresAdditional public park space will run over and through the middle of the Therm...

Correctional officer at St. Louis jail freed after being held hostage by inmates

Published Mon, 11 Nov 2024 03:59:43 GMT

ST. LOUIS (AP) — A guard was abducted Tuesday by inmates at a downtown St. Louis jail, but was freed hours later.The St. Louis Department of Public Safety confirmed the correctional officer was freed but didn’t provide any information about the abduction or whether he was injured. An afternoon news conference is scheduled to discuss the attack — the latest of several acts of violence inside the jail that holds nearly 700 inmates.Police reported the guard’s abduction just after 6 a.m. on the fourth floor of the City Justice Center.Detectives told the St. Louis Post-Dispatch that the officer was a 70-year-old man who didn’t have a weapon when he was taken hostage. Medics brought a man wearing a guard’s uniform out on a stretcher about 8:30 a.m. The newspaper reported that he was conscious but looked haggard.It wasn’t clear what prompted the abduction, but advocates for inmates have long complained about conditions at the jail. It was the site of three upr...

Mississippi officer out of job after 10-year-old is taken into custody for urinating in public

Published Mon, 11 Nov 2024 03:59:43 GMT

SENATOBIA, Miss. (AP) — A Mississippi police officer who took part in the arrest and jailing of a 10-year-old child who urinated in a parking lot is “no longer employed,” and other officers will be disciplined over the incident, the city’s police chief said.Senatobia Police Chief Richard Chandler announced the news in a Facebook post Monday, but he didn’t specify whether the officer who has left the department was fired or quit, or what type of discipline the other officers would face. Chandler didn’t immediately reply to a Tuesday voicemail seeking further information about the changes.“We appreciate the public’s patience while we investigated this incident. We deeply value your trust and support, and we are dedicated to continually improving and learning from our mistakes,” Chandler wrote in the Facebook post, noting that the officers violated their training on how to deal with children.The child’s mother told news outlets that her son urinated behind...

Ottawa Food Bank forced to turn down volunteers due to donation shortfall

Published Mon, 11 Nov 2024 03:59:43 GMT

OTTAWA — The Ottawa Food Bank says it was forced to cut shifts for volunteers due to a shortage of donated food. It attributes the scarcity in donations to high food prices, which the organization says “are understandably impacting donor habits.”The food bank apologized to volunteers who had their shifts cancelled in a statement on Monday. The charitable organization provides food to over 100 different services including small community food banks, shelters and school meal programs across Ottawa. In 2022, the Ottawa Food Bank spent over $3.5 million to meet demand and distributed around 8.8 million pounds of food. The organization’s 26 member food banks had over 400,000 visits in 2022. This report by The Canadian Press was first published Aug. 22, 2023. The Canadian Press<!– Photo: 2023082212084-64e4dd3e6454cf45257b0d19jpeg.jpg, Caption: The Ottawa Food Bank says it was forced to cut shift for volunteers due to a shortage of donated food. Canned products s...

James Harden fined $100,000 for public comments about status with 76ers

Published Mon, 11 Nov 2024 03:59:43 GMT

NEW YORK (AP) — The NBA has fined Philadelphia 76ers guard James Harden $100,000 for public comments he made about his status with the team.Harden made public comments on Aug. 14 and Aug. 17 saying he would not perform the services called for under his player contract unless he were traded to another team. The league talked to Harden as part of its investigation and confirmed that his comments referenced Harden’s belief that the 76ers would not grant his trade request.Harden picked up his player option for next season in June, but the 76ers have not found a deal, prompting Harden’s anger. Among other things, he called 76ers president Daryl Morey a liar at a promotional event in China.“Daryl Morey is a liar and I will never be a part of an organization that he’s a part of,” Harden said at the event. “Let me say that again: Daryl Morey is a liar and I will never be a part of an organization that he’s a part of.”Harden has been one of the league’s top players for the past d...

Palestinian teen claimed by militant group as a fighter is killed in Israeli army raid in West Bank

Published Mon, 11 Nov 2024 03:59:43 GMT

JERUSALEM (AP) — Israeli security forces stormed into a town in the north of the West Bank on Tuesday, leading to fighting that killed a 17-year-old Palestinian, according to Palestinian health officials, the latest violence to grip the occupied territory. Israel also released the results Tuesday of a military investigation into the death of a soldier killed during its major raid into the Jenin refugee camp last month, concluding that the soldier was killed by a bullet fired by Israeli forces.Before dawn Tuesday, the Israeli military conducted an arrest raid in the town of Zababdeh south of Jenin, local medics said. The Palestinian Health Ministry reported that 17-year-old Othman Abu Kharj was fatally shot in the head. The Palestinian Islamic Jihad militant group claimed Abu Kharj as a fighter. Meanwhile, Israeli security forces were still searching for the Palestinian gunman who carried out a shooting in the northern Palestinian city of Hawara that killed an Israeli father and son ...