Latest news with #ByronSmith
RNZ News
2 days ago
- Business
- RNZ News
Retailers not reporting crime because they don't believe police will turn up
Hunting and Fishing Kerikeri owner Byron Smith wants retailers to have greater powers to detain shoplifters until police arrive. Photo: RNZ / Peter de Graaf A Northland business leader is imploring shop owners to report all retail crime. even if they do not expect police to turn up. NorthChamber chief executive Leah McKerrow said a series of meetings with small business owners around the region in the past week revealed many had "lost faith" in reporting crime. McKerrow said Northland ranked low in national statistics for shoplifting, but that could be because it simply was not being reported. "What's been evident from a lot of retailers is their frustration and concern that there's no reason to report these crimes, because nothing seems to be done," she said. "While it might not be immediately needed that a police officer attends, making sure that we record the crime is critically important." McKerrow said, if a crime was not reported, it would not show up in the national database. "If it's not showing up, we don't get resourced for it. Police don't get resourced for it." Having an accurate record also allowed police to identify patterns or spikes in retail crime. A directive from police management - quickly reversed by the incoming commissioner - instructing staff not to investigate shoplifting of items worth less than $500, had sent exactly the wrong message, she said. McKerrow's own message to Northland retailers was simple. "No matter how small the shoplifting is, make sure that you are recording it on the police 105 database," she said. And the fact that you might not hear back doesn't mean it's not useful." McKerrow said the meetings at Kaitāia, Kerikeri, Kaikohe, Whangārei and Dargaville were part of a national roadshow by the government's Ministerial Advisory Group for Victims of Retail Crime. The Northland leg was co-ordinated by the Northland Chamber of Commerce to ensure smaller centres were not overlooked, McKerrow said. The aim was to update retailers on law changes already underway and seek feedback on proposals the government was still considering. Northland Chamber of Commerce chief executive Leah McKerrow. Photo: RNZ / Peter de Graaf McKerrow said some laws relating to retail crime originated in the late-1800s and were no longer fit for purpose. Changes already underway included enabling citizens' arrests , increased penalties for shoplifting and violence against business owners, and bringing in fines for low-level shoplifting. Fines would allow those offenders to be dealt with quickly, without clogging up the courts. However, the topic that "really got retailers excited" was trespass law reform, McKerrow said. Currently, a shopowner could not trespass a person without having their details and, even then, trespass orders were hard to enforce. Also, even if a retailer owned several stores, the person could only be trespassed from one location at a time. "This law will change that, and you won't have to deliver them a trespass notice or have their name. You can just verbally tell them they are trespassed." The government was also considering increasing the maximum trespass period from two years to three and doubling the fines for breaching a trespass order. One future reform the government was considering would allow retailers to protect themselves from offenders, without being charged with an offence themselves. "However, it's difficult to know how you can protect yourself, while keeping yourself safe, so that has got to go through quite a lot more investigation." Bryron Smith, owner of Hunting and Fishing Kerikeri, said the most useful change would be the right to hold onto shoplifters until police arrived. "Being able to apprehend those people in store, or even if they leave the store, so we can play our part to catch them there and then … rather than having to wait for police to try and track them down." Under the current law retailers could only ask a shoplifter to stay. "But I don't think many of them are that keen, to be honest." It was even trickier when youth were involved, he said. Whether staff would try to intervene depended on the situation, because their safety was paramount. Smith said he reported most thefts, but with lower-value items they often made use of social media and the store's high-quality CCTV cameras instead. In the most recent case, staff had posted an image of a man who walked out with a $30 pair of shorts. He rang up the next day and paid, Smith said. "The cameras are super effective. No one likes being on social media when we put it up, especially aunties when they've borrowed her car." The youth behind this 2022 ram raid of a Far North liquor store was caught after leaving his watch, one Croc and a large amount of blood at the scene. Photo: RNZ / Peter de Graaf The biggest impact of retail crime was on staff and their sense of safety. It also took up a lot of time. "When you get them running out the store with armfuls of clothing it can take days to go back through the cameras and figure out what they took." Smith said he could not pass on the cost to customers, because the store's prices were set through the Hunting and Fishing group. "So we pretty much just have to suck it up. The cost certainly doesn't get put on our bait or an item of clothing, it's just a loss." Nationally, Leah McKerrow said the financial impact of retail crime was enormous, with shoplifting alone costing retailers $7.2 million per day or $2.6 billion a year, according to police figures. In many cases that was passed on to consumers, who ended up paying higher prices to cover the costs of lost stock and hiring security guards. Northland district commander Superintendent Matt Srhoj said police knew offending had been under-reported in the past . "Our message to retailers is to ensure they continue reporting to us. It's essential to ensure we have the full picture and can prioritise prevention activities where there are trends emerging." Srhoj said retail crime was taken seriously and police would keep holding offenders to account, especially the more prolific ones. In Whangārei, police had set up a crime prevention unit that worked closely with City Safe and other partners to reduce retail crime. Police beat patrols had also increased significantly in the past year, he said. He urged anyone who saw a crime occurring, or who had immediate concerns for their own or someone else's safety, to call 111. Crimes that had already occurred could be reported online by going to and clicking on 'Make a Report', or by calling 105. McKerrow said what had also emerged from the past week's meetings was a surprising link between retail crime and Northland's infamous road closures. Kaitāia retailers reported that shoplifting had increased since State Highway 1 had reopened at Mangamuka Gorge, allowing through-traffic to once again transit the town. And in Dargaville and Mangawhai, retailers reported an increase in shoplifting and ram raids when State Highway 1 was closed at the Brynderwyn Hills, forcing traffic through coastal towns instead. That suggested a significant proportion of retail crime was opportunistic and committed by out-of-towners. McKerrow said the meetings also discussed the wider issues driving crime, such as the doubling in methamphetamine use in Northland in the past year, the cost-of-living crisis and rising unemployment. Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
Business Wire
12-08-2025
- Business
- Business Wire
AngelEye Health Named to Prestigious Inc. 5000 List for the Fourth Year in a Row
NASHVILLE, Tenn.--(BUSINESS WIRE)-- AngelEye Health, a leader in neonatal and pediatric family engagement solutions, has once again earned a spot on the Inc. 5000 list, ranking 2797 overall and 268 in Health Services. This marks the fourth consecutive year AngelEye has been recognized among America's fastest-growing private companies – a clear demonstration of its sustained growth and commitment to strengthening care team-family connections across NICU and pediatric care environments in hospitals and health systems nationwide. AngelEye provides a complete, HIPAA-compliant platform that integrates families into the care process from admission to discharge. The company's suite of tools includes live-streaming bedside cameras that keep families connected, MilkTracker for precise feeding management, NICU2Home for discharge preparation, and most recently, AIVision—an AI-powered enhancement that adds intelligence and computer vision to AngelEye's platform to support earlier insights and more proactive care. 'To be named to the Inc. 5000 for a fourth consecutive year is a milestone we don't take for granted,' said Christopher Rand, CEO of AngelEye Health. 'In the past year, we've expanded our platform, grown our team, and deepened our relationships with hospitals and health systems across the country. What hasn't changed is our mission—we're still focused on providing care teams and families with better tools to stay connected, informed, and confident during some of life's most vulnerable moments. This recognition is a reflection of the meaningful work our team does every day.' Today, AngelEye partners with more than 350 hospitals, serving almost 20% of the NICU families in the U.S., and continues to evolve its platform in collaboration with clinical teams and families alike. In addition to technology innovation, AngelEye also leads the Parent and Family Advisory Collaborative, a national initiative to advance family-centered care through multi-stakeholder collaboration. 'AngelEye's continued momentum speaks volumes about the company's direction and long-term value,' added Byron Smith, Board Chairman at AngelEye Health. 'The leadership team has consistently balanced innovation and empathy—qualities that speak volumes in healthcare. We are solving a very real challenge for hospitals and families, and it's been exciting to see that approach drive both growth and real-world impact.' Inc. will celebrate the honorees at the 2025 Inc. 5000 Conference & Gala, taking place October 22–24 in Phoenix, and the top 500 will be listed in the Fall issue of Inc. magazine. For the full list, company profiles, and a searchable database by industry and location, visit: 'Making the Inc. 5000 is always a remarkable achievement, but earning a spot this year speaks volumes about a company's tenacity and clarity of vision,' says Mike Hofman, editor-in-chief of Inc. 'These businesses have thrived amid rising costs, shifting global dynamics, and constant change. They didn't just weather the storm—they grew through it, and their stories are a powerful reminder that the entrepreneurial spirit is the engine of the U.S. economy.' More about Inc. and the Inc. 5000 Methodology Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2024. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2024 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. About Inc. Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit About AngelEye Health Over 350 hospitals chose AngelEye Health to help care teams build an AI-driven path to better clinical and operational outcomes for their neonatal and pediatric patients. With its smart, safety-focused platform, which includes the CameraSystem, MilkTracker, NICU2Home, and AIVision solutions, AngelEye is uniquely positioned as the "digital NICU mind" with patients being the driving motivation. These integrated services deliver measurable improvements in length of stay, staff efficiency, and patient transitions while maintaining secure connections between care teams and families. AngelEye Health is the only comprehensive technology platform that integrates with your EHR and connects caregivers and families with video data, clinical analysis, navigation, discharge management, and feeding documentation to ensure a smooth transition to health for pediatric patients. To learn more, visit
Yahoo
07-08-2025
- Business
- Yahoo
3 Industrials Stocks We Approach with Caution
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But this role also comes with a demand profile tethered to the ebbs and flows of the broader economy. Thankfully, industrial end markets were stable over the past six months as the industry's 4.4% gain has nearly mirrored the S&P 500. Regardless of these results, investors should tread carefully. The diversity of companies in this space means that not all are created equal or well-positioned for the inescapable downturn. On that note, here are three industrials stocks best left ignored. Advanced Energy (AEIS) Market Cap: $5.26 billion Pioneering technologies for radio frequency power delivery, Advanced Energy (NASDAQ:AEIS) provides power supplies, thermal management systems, and measurement and control instruments for various manufacturing processes. Why Do We Avoid AEIS? Products and services are facing significant end-market challenges during this cycle as sales have declined by 5.9% annually over the last two years Earnings per share decreased by more than its revenue over the last two years, showing each sale was less profitable Diminishing returns on capital suggest its earlier profit pools are drying up Advanced Energy's stock price of $139.81 implies a valuation ratio of 25x forward P/E. Read our free research report to see why you should think twice about including AEIS in your portfolio, it's free. Illinois Tool Works (ITW) Market Cap: $75.06 billion Founded by Byron Smith, an investor who held over 100 patents, Illinois Tool Works (NYSE:ITW) manufactures engineered components and specialized equipment for numerous industries. Why Are We Cautious About ITW? Core business is underperforming as its organic revenue has disappointed over the past two years, suggesting it might need acquisitions to stimulate growth Projected sales growth of 4% for the next 12 months suggests sluggish demand Earnings growth over the last two years fell short of the peer group average as its EPS only increased by 6.2% annually Illinois Tool Works is trading at $257.51 per share, or 24x forward P/E. Check out our free in-depth research report to learn more about why ITW doesn't pass our bar. Allegion (ALLE) Market Cap: $14.12 billion Allegion plc (NYSE:ALLE) is a provider of security products and solutions that keep people and assets safe and secure in various environments. Why Are We Hesitant About ALLE? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion Free cash flow margin shrank by 2.7 percentage points over the last five years, suggesting the company is consuming more capital to stay competitive Shrinking returns on capital suggest that increasing competition is eating into the company's profitability At $164.49 per share, Allegion trades at 20.3x forward P/E. If you're considering ALLE for your portfolio, see our FREE research report to learn more. High-Quality Stocks for All Market Conditions Trump's April 2024 tariff bombshell triggered a massive market selloff, but stocks have since staged an impressive recovery, leaving those who panic sold on the sidelines. Take advantage of the rebound by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
1 Cash-Producing Stock on Our Watchlist and 2 to Think Twice About
A company that generates cash isn't automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand. Cash flow is valuable, but it's not everything - StockStory helps you identify the companies that truly put it to work. That said, here is one cash-producing company that leverages its financial strength to beat its competitors and two best left off your watchlist. Trailing 12-Month Free Cash Flow Margin: 11.9% A company that manufactured critical equipment for the United States military during World War II, Dover (NYSE:DOV) manufactures engineered components and specialized equipment for numerous industries. Why Should You Sell DOV? Organic revenue growth fell short of our benchmarks over the past two years and implies it may need to improve its products, pricing, or go-to-market strategy Earnings growth underperformed the sector average over the last two years as its EPS grew by just 2.2% annually Free cash flow margin dropped by 3.3 percentage points over the last five years, implying the company became more capital intensive as competition picked up At $174.93 per share, Dover trades at 18.4x forward P/E. If you're considering DOV for your portfolio, see our FREE research report to learn more. Trailing 12-Month Free Cash Flow Margin: 18.1% Founded by Byron Smith, an investor who held over 100 patents, Illinois Tool Works (NYSE:ITW) manufactures engineered components and specialized equipment for numerous industries. Why Is ITW Not Exciting? Organic sales performance over the past two years indicates the company may need to make strategic adjustments or rely on M&A to catalyze faster growth Demand will likely be soft over the next 12 months as Wall Street's estimates imply tepid growth of 1.3% Free cash flow margin shrank by 1.8 percentage points over the last five years, suggesting the company is consuming more capital to stay competitive Illinois Tool Works's stock price of $241.83 implies a valuation ratio of 23x forward P/E. Dive into our free research report to see why there are better opportunities than ITW. Trailing 12-Month Free Cash Flow Margin: 25.1% Founded in 1992 as a scientifically-driven alternative to traditional contract research organizations, Medpace (NASDAQ:MEDP) provides outsourced clinical trial management and research services to help pharmaceutical, biotechnology, and medical device companies develop new treatments. Why Could MEDP Be a Winner? Average organic revenue growth of 17.8% over the past two years demonstrates its ability to expand independently without relying on acquisitions Performance over the past five years was turbocharged by share buybacks, which enabled its earnings per share to grow faster than its revenue Returns on capital are climbing as management makes more lucrative bets Medpace is trading at $308.90 per share, or 24.7x forward P/E. Is now the time to initiate a position? See for yourself in our in-depth research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-06-2025
- Business
- Yahoo
1 S&P 500 Stock to Target This Week and 2 to Approach with Caution
The S&P 500 (^GSPC) is often seen as a benchmark for strong businesses, but that doesn't mean every stock is worth owning. Some companies face significant challenges, whether it's stagnating growth, heavy debt, or disruptive new competitors. Picking the right S&P 500 stocks requires more than just buying big names, and that's where StockStory comes in. That said, here is one S&P 500 stock that is positioned to outperform and two that could be in trouble. Market Cap: $10.73 billion Founded in 1993 and headquartered in Louisiana, Pool (NASDAQ:POOL) is one of the largest wholesale distributors of swimming pool supplies, equipment, and related leisure products. Why Does POOL Worry Us? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion Estimated sales growth of 1.9% for the next 12 months is soft and implies weaker demand Shrinking returns on capital suggest that increasing competition is eating into the company's profitability At $285 per share, Pool trades at 24.9x forward P/E. If you're considering POOL for your portfolio, see our FREE research report to learn more. Market Cap: $70.75 billion Founded by Byron Smith, an investor who held over 100 patents, Illinois Tool Works (NYSE:ITW) manufactures engineered components and specialized equipment for numerous industries. Why Do We Think Twice About ITW? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion Anticipated sales growth of 1.3% for the next year implies demand will be shaky Free cash flow margin dropped by 1.8 percentage points over the last five years, implying the company became more capital intensive as competition picked up Illinois Tool Works's stock price of $239.96 implies a valuation ratio of 23.1x forward P/E. Dive into our free research report to see why there are better opportunities than ITW. Market Cap: $112.3 billion With over 90 years of connecting the world's technologies, Amphenol (NYSE:APH) designs and manufactures connectors, cables, sensors, and interconnect systems that enable electrical and electronic connections across virtually every industry. Why Will APH Outperform? Market share has increased this cycle as its 15.2% annual revenue growth over the last two years was exceptional Massive revenue base of $16.78 billion makes it a well-known name that influences purchasing decisions Earnings per share have massively outperformed its peers over the last five years, increasing by 19% annually Amphenol is trading at $91.12 per share, or 38.9x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
