TJX Companies, the Framingham-based parent that oversees low-cost retailers TJ Maxx, Marshalls, and Home Goods, is equipping some of its floor employees with body cameras in an effort to mitigate shoplifting. The program, announced in an earnings call in May, is in response to increasing levels of retail theft and lost merchandise, known in the industry as “shrinkage.” Financial losses from shrink, which includes theft as well as fraud and employee error, swelled to $112.1 billion for all retailers in 2022, according to the most recent figures from the National Retail Federation. However, the alarm over shoplifting has drawn skepticism from some quarters. Read the full story. https://trib.al/cHsBU6d
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On Boston Globe Today: The Celtics are locked in, says sports reporter Julian Benbow to host Segun Oduolowu. Benbow believes Boston can keep their streak as the NBA Finals move to Dallas. Plus, how will a potential Kristaps Porzingis injury impact the series? Watch: globe.com/globe-today
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We're nearly halfway through 2024. So let's look back at some of the top Boston business stories from this year. In the latest Trendlines newsletter, Boston Globe Media columnist Larry Edelman catches us up on sky-high housing prices, a hospital's collapse, and more. 📈 Read it here. And subscribe for more Boston business news.
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The 16 top executives at GBH earned a collective $5.9 million last year, salaries that have prompted criticism among current and former employees about the station’s choices in confronting a budget shortfall of $7 million for its core business.
A dozen GBH executives had salaries of over $300,000 last year. Reeling from layoffs, employees have questions. - The Boston Globe
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This Wednesday is Health Equity Day 2024. Come together at WBUR CitySpace in Boston with health leaders, medical experts, and community advocates for an afternoon dedicated to reducing health disparities and advancing more inclusive care. We'll kick off with a headlining fireside chat with Dr. Ashish K. Jha moderated by reporter Adam Piore, and close with a networking reception for all attendees. Register to join in person or virtually: https://trib.al/P7mIHlc Thank you to our sponsors and partners: Sanofi, John Hancock, Point32Health, Takeda, Boys & Girls Clubs of Boston, Urban League of Eastern Massachusetts, Partners In Health, Health Equity Compact, and @[Health Resources in Action (HRiA)].
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On Boston Globe Today Sports: The Celtics kicked off the #NBAFinals with a bang and Kristaps Porzingis made all the difference. Globe reporter Adam Himmelsbach and The Dallas Morning News reporter Mike Curtis debate what the rest of the series will look like. Watch the full segment at globe.com/globe-today.
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Boston Globe Media reposted this
Camping ain’t what it used to be. Back in the aughts, when the fellas and I could still climb Katahdin, our big luxury was an air mattress. These days, the accommodations at “glamping” sites like Sandy Pines Campground in Kennebunkport, Maine, include king beds, air conditioning, and private bathrooms and showers. Amenity-laden glamour campgrounds, tiny houses, and high-end RVs are luring more Americans than ever to the great outdoors, exposing them to the beauty and fragility of the environment. That’s good: Mother Nature needs all the friends she can get. But the cushy competition is proving problematic for Boston-based Appalachian Mountain Club, the nearly 150-year-old conservation and recreation organization whose expensive but rustic lodging isn’t necessarily what many postpandemic nature newbies want to pay for. In my latest Trendlines column for Boston Globe Media, I spoke with CEO Nicole Zussman about AMC's financial problems and strategy for the future.
Appalachian Mountain Club wanders off the trail
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On Boston Globe Today: The C’s have been off for two weeks. Does columnist Chad Finn think they’re prepared to defeat Kyrie Irving, Luka Dončić, and the Dallas Mavericks? #NBAFinals 📺 Watch the full segment at globe.com/globetoday.
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The Appalachian Mountain Club recently laid off six employees and eliminated seven open jobs. It's currently seeking to close a $2.5 million budget deficit. In the latest Trendlines newsletter, Boston Globe Media columnist Larry Edelman examines the evolving glamping landscape and its impact on AMC. 📈 Read it here. And subscribe for more Boston business news.
Appalachian Mountain Club wanders off the trail
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We want to give them the all-star treatment at the 2024 Wasabi Fenway Bowl! Submit a nomination here. https://trib.al/lQBXeJF