The Daily Populous

Wednesday June 8th, 2022 morning edition

image for Target says it will cut prices as Americans’ spending habits drop

Target said yesterday it will reduce prices and cancel orders in order to reduce an excessive amount of inventory.

Retailers are finding that American pandemic-related spending habits are declining much faster than they had anticipated.

Last month, Target reported its fiscal first quarter profit fell by 52% as compared to the same period last year.

Target said it is planning for growth in areas such as groceries, household essentials and beauty products.

Target gave no details on how deep the discounts would be or when it would occur.

But, Target, like other retailers is facing another challenge with the cost of fuel and transportation.

Target said it will take “pricing actions to address the impact of unusually high transportation and fuel costs.”. »

New York Passes Bill to Ban the Sale of Dogs, Cats, and Rabbits in Pet Stores

Authored by
image for

The New York State Legislature passed a bill on Friday that, when signed into law, will ban pet stores in the state from selling dogs, cats, and rabbits.

The Puppy Mill Pipeline Bill aims to "stop the flow of cruelly bred puppies into New York," according to a press release from the ASPCA.

"Shutting down the puppy mill pipeline will help stop retail sellers and commercial breeders from engaging in — and profiting from — unconscionable brutality.". »

Three abortion activists strip to underwear in protest during Joel Osteen church service

Authored by

Three abortion activists stripped down to their underwear in protest to interrupt a Sunday service at pastor Joel Osteen's Texas megachurch.

The video footage of the protest quickly went viral over Twitter and the 11 a.m. service's live stream has since been taken down.

This article originally appeared on USA TODAY: Abortion activists strip to underwear in Joel Osteen church service. »

E3 video game convention will return in 2023, says parent company

Authored by

It’s June, which in nearly any pre-2020 year would mean a cavalcade of new video game announcements with a loud red-and-yellow “E3” logo slapped on them.

Despite a dire stretch, the organizing body behind E3, the Entertainment Software Association, says it hasn’t thrown in the towel just yet.

Since 1995, the Los Angeles-based convention has served as the video game industry’s annual epicenter for major product announcements. »

The New Energy Order

Authored by

If countries retreat into strategic energy blocs, a multidecade trend toward more energy interconnectedness risks giving way to an age of energy fragmentation.

This shift is bound to invite comparisons to the 1970s, when excessive government intervention in energy markets exacerbated repeated energy crises.

Instead of dialing back the government’s role in energy markets, Nixon dialed it up, and the cure proved worse than the disease. »