-- Connecting the dots between our economy, government and business --
Ulta added its voice to the chorus of retailers lamenting a rise in shoplifting by organized gangs. CEO Dave Kimbell said during an earnings call this afternoon that the Bolingbrook-based beauty retailer continues to see inventory shrink, in part from theft.
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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They have not seen anything yet. When criminals know there are no consequences for their actions it encourages them to do it again and again.
Ulta has been targeted by reparations robbers for years and they were also looted by BLM rioters — time to dump Democrat cities where law and order is seen as a bad things