Tag: retail
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Retail credit card interest rates hit all-time high
Retail credit card interest rates hit all-time high – CBS News Watch CBS News The average rate on credit cards from some of America’s biggest retailers has soared to an all-time high of more than 30%, according to personal finance site Bankrate. That’s up from just over 24% in 2021. CBS News MoneyWatch correspondent Kelly…
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Couple charged for allegedly stealing $1 million from Lululemon in convoluted retail theft scheme
A couple from Connecticut faces charges for allegedly taking part in an intricate retail theft operation targeting the apparel company Lululemon that may have amounted to $1 million worth of stolen items, according to a criminal complaint. The couple, Jadion Anthony Richards, 44, and Akwele Nickeisha Lawes-Richards, 45, were arrested Nov. 14 in Woodbury, Minnesota,…