Excerpts:
- A report produced by groups seeking to block it pointed out that the number of Amazon facilities in New Jersey grew to 49 from one between 2013 and 2020, helping to nearly triple the number of warehouse workers in the state, to about 70,000.
- The Port Authority revealed the proposed lease with Amazon in August, the day its board voted to authorize the deal.
- Under the proposed deal, Amazon tentatively committed to investing $125 million in renovating two buildings ...
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April 16, 2019
April 16, 2019
We thank Mr. Hubert and wish good luck to Ms. Barry. Mr. Hubert helped right the ship at Best Buy and fend off Amazon, and Ms. Barry, who has worked with the company for 20 years, is taking over as CEO. Best Buy, whose stock is up 3x since 2013, has outlasted fallen household-names like Circuit City, Sport Authority, and Toys βRβ Us.
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