financetom
Business
financetom
/
Business
/
Market Chatter: Walmart Opposes New York's Panic Button Mandate for Retail Stores
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Walmart Opposes New York's Panic Button Mandate for Retail Stores
Jun 10, 2024 2:00 AM

04:35 AM EDT, 06/10/2024 (MT Newswires) -- Walmart ( WMT ) opposes a New York law requiring panic buttons in stores to protect retail workers because of the likelihood of false alarms, Reuters reported Saturday, citing Dan Bartlett, the company's executive vice president of corporate affairs.

"Eight out of 10 times somebody thinks something's going on, there's actually not," Bartlett told Reuters.

The panic button requirement of the New York law is due to go into effect in 2027 for retailers that employ over 500 people nationwide, according to the report.

Walmart ( WMT ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cholula maker McCormick forecasts tepid annual sales, profit on slowing demand, rising expenses
Cholula maker McCormick forecasts tepid annual sales, profit on slowing demand, rising expenses
Jan 23, 2025
(Reuters) - Cholula hot sauce maker McCormick ( MKC ) forecast annual sales and profit below analysts' estimates on Thursday, hurt by a persistent slump in demand for its spices and condiments, especially in China, as well as higher marketing expenses. Packaged food companies including  McCormick ( MKC ), General Mills ( GIS ) and Conagra Brands ( CAG )...
BRIEF-Novabay Pharmaceuticals Completes The Sale Of Its Eyecare Business To Prn
BRIEF-Novabay Pharmaceuticals Completes The Sale Of Its Eyecare Business To Prn
Jan 23, 2025
Jan 23 (Reuters) - NovaBay Pharmaceuticals Inc ( NBY ): * NOVABAY PHARMACEUTICALS COMPLETES THE SALE OF ITS EYECARE BUSINESS TO PRN AND FURTHER ADJOURNS ITS SPECIAL MEETING OF STOCKHOLDERS ON DISSOLUTION PROPOSAL Source text: Further company coverage: ...
Freeport-McMoRan Q4 Adjusted Earnings Rise, Revenue Falls
Freeport-McMoRan Q4 Adjusted Earnings Rise, Revenue Falls
Jan 23, 2025
08:10 AM EST, 01/23/2025 (MT Newswires) -- Freeport-McMoRan ( FCX ) reported Q4 adjusted earnings Thursday of $0.31 per share, up from $0.27 a year earlier. Analysts polled by FactSet expected $0.22. Revenue for the quarter ended Dec. 31 was $5.72 billion, compared with $5.91 billion a year earlier. Analysts surveyed by FactSet expected $5.84 billion. Freeport-McMoRan ( FCX )...
Eloro Resources Reports Latest Drill Results From Iska Iska Project in Bolivia
Eloro Resources Reports Latest Drill Results From Iska Iska Project in Bolivia
Jan 23, 2025
08:12 AM EST, 01/23/2025 (MT Newswires) -- Eloro Resources ( ELRRF ) reported Thursday further assays from its definition diamond drilling program in the potential Santa Barbara starter pit area within the Iska Iska silver-tin polymetallic project in Bolivia. Results include 33 meters grading 1.39% tin within 87 meters grading 0.74% tin as the company opened up a major tin...
Copyright 2023-2025 - www.financetom.com All Rights Reserved