Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror

Submission + - Target Mandates Worker Smiles, Friendliness to Boost Sales in "Forced Joy" (bloomberg.com) 2

joshuark writes: The Minneapolis-based retailer has a new directive for store employees: If a shopper comes within 10 feet of you, then make sure you smile, make eye contact and greet or wave. If they come closer — within four feet — ask whether they need help or how their day is going, according to new guidance confirmed by Bloomberg News. This is part of the Forced Joy trend.

The new initiative — dubbed the 10-4 program internally — is among Target’s latest efforts to make its stores more welcoming and reverse its extended streak of weak sales. “Heading into the holiday, we’re making adjustments and implementing new ways to increase connection during the most important time of the year,” Chief Stores Officer Adrienne Costanzo said in a statement to Bloomberg News.

Target, which is set to report quarterly earnings later this month, recently cut 1,800 corporate roles to remove complexities and move faster. The company’s shares are down more than 30% year-to-date, compared to a 14% gain for the S&P 500. The retailer’s cheap chic allure has faded and customers have complained on social media about bare shelves and long lines.
Target has made trumped-up enthusiasm an expectation. Bugs Bunny said it best... https://www.youtube.com/watch?...

Submission + - Musk Wins $1 Trillion Pay Package, Creating Split Screen on Wealth in America (nytimes.com)

schwit1 writes: Tesla shareholders approved a plan to grant Elon Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly expanding the company’s stock market valuation.

Much like an earlier pay plan that Tesla shareholders approved in 2018, this 12-step package asks Mr. Musk, the company’s chief executive, to vastly expand Tesla’s stock market valuation — to $8.5 trillion from around $1.4 trillion — while hitting a variety of other goals. Those include selling one million robots with humanlike qualities and 10 million paid subscriptions to the company’s self-driving software.

Slashdot Top Deals

If you always postpone pleasure you will never have it. Quit work and play for once!

Working...