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Target (TGT) has become a target for major thefts, and it’s taking a huge chunk out of profits. The retailer estimated in its earnings release Wednesday that inventory shrinkage — mostly the theft of merchandise — would clip profits by a whopping $500 million this year. Factoring in an about $700 million profit hit from inventory shrinkage in 2022, the Target is on pace to see $1.2 billion in profits go up in smoke, due primarily to organized retail crime. Target Chairman and CEO Brian Cornell says the problem is getting worse, is nationwide, and across various merchandise departments. “The…

Click Travel prides itself on its employee perks and benefits; from offering employees additional purchased leave, to receiving travel discounts and a packed social events calendar. Flexible working has always been present among the many benefits offered by the company, with over 70% of employees either working part-time/flexible hours or working from home on a regular basis. This month Click has taken another step forward with flexible working, introducing flexible working requests from day one of employment, rather than after 26 weeks, supporting CIPD’s Flex from 1st campaign.   What does this mean for Click? Click has grown by an…

Buying business travel insurance is a tricky concept. You know you probably need it – if something goes wrong on a work trip, you definitely don’t want to get caught out of pocket. But you’re also most likely not going to make a claim, and therefore paying a significant amount can feel like a waste of money. We can’t make the prices cheaper, but we can help by sharing some of the best options available on the market. At least if you’re going to fork out for insurance, you’ll know that you’ve got the coverage you need. What to look…