BUSINESS

As restaking yields dried up and smart-contract risks mounted, Ethereum’s top liquid restaking protocol walked away from its core business to build a crypto neobank instead.

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this deal

Whether it’s children’s toys or crafting supplies for a hobby, we all have items that could be tidied with quality organization. While many storage containers are designed to be hidden away, others double as stylish pieces of multipurpose furniture that enhance a space.

One popular choice in this category is the versatile cube organizer, and right now, Amazon has slashed the price on one by 11%. As a result, the Best Choice Products 9-Cube Storage Organizer in a clean white finish has been discounted from $95 to just $85 as part of a limited-time deal. 

Best Choice Products 9-Cube Storage Organizer, $85 (was $95) at Amazon

Courtesy of Amazon

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Details to know 

Sizes available: There are various sizes of this organizer, with 6-cube, 8-cube, and 9-cube options available. There are also options for 11-inch cubbies and 13.5-inch cubbies, depending on the basket size you want to put inside.

Color options: There are 5 colors of cube organizers to choose from, including natural wood tones, neutral shades, and vibrant pops of color.

Is assembly required?: Yes, assembly is required and should take around 30 minutes.

Standing 36 inches tall, 36 inches long, and 11.5 inches deep, this storage cube organizer has nine spacious cubbies. Crafted with an extremely sturdy engineered wood, this unit can hold a whopping 275 pounds. This means that, along with holding baskets and showcasing your home decor, books, and art, this customizable shelving could also serve as a media console by displaying a TV and gaming system on top.

There are various sizes and colors available for this storage cube organizer, and many combinations are on sale with at least 11% off.

Related: Walmart’s $56 4-tier rolling stackable storage bins have lockable doors

Why do shoppers love it?

One shopper wrote, “The levels of organization I am experiencing are off the charts! Dramatic improvement to closet organization, and it is easy to assemble.”

“The instructions that came with this product were so helpful, anyone could build it,” said a second reviewer. “Once the product was set up, I couldn’t believe how much space it saved me. It makes my room look bigger and cleaner. Hands down the best purchase I could have made to get more organized!”

Another customer wrote, “I am using these cubbies for my hobby room to keep my things easily accessible and organized. It went together easily and quickly. I would definitely recommend these to others.”

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Step up your organization game for less with the Best Choice Products 9-Cube Storage Organizer. The shelving unit won’t be available for just $85 for long, so add this product to your cart now to secure the savings.

Democrats on the Senate’s Permanent Subcommittee on Intelligence published a report alleging that USDT had become a key tool for the Iranian government.

A new Walmart (WMT) pricing patent and the spread of digital price tags in thousands of stores had shoppers worried that the country’s biggest retailer was about to charge different people different prices based on what its systems knew about them.

On Sept. 25, Walmart Inc. President and CEO John Furner responded to customers in a letter. He wrote that Walmart will not raise a shopper’s price based on their income, their shopping history, how urgently they need something, or what the company thinks they can afford.

The letter arrived on the same day the Federal Trade Commission closed public comments on personalized pricing, and it draws a clear line for how Walmart plans to use artificial intelligence and store technology in the years to come.

Furner puts Walmart’s pricing promise in writing

“We price the product, not the person,” Furner wrote on Walmart’s corporate site.

He linked the promise to Every Day Low Prices, Walmart’s more than 50-year-old rule of keeping the same shelf price for everyone, no matter who is buying.

Furner gave three promises. Walmart will not use personal data to adjust prices. Sparky, the AI shopping assistant Walmart launched this year, will not be used to raise prices or hide cheaper options. Customers still choose what data they share with the assistant.

“When you engage with Sparky, that’s an invitation to serve you better, not to use your personal information to set a personalized price,” Furner wrote.

Furner also explained why Walmart uses digital shelf labels. The electronic tags, now in about 2,300 stores, keep shelf prices matched to what customers pay at checkout, and they save workers the time of changing paper tags by hand. They are not there to change prices based on the time of day or the customer standing in front of them.

Walmart CEO John Furner detailed the retailer’s pricing pledge in a Sept. 25 letter to customers and Sam’s Club members.NurPhoto / Getty Images

Why regulators and rival retailers are paying close attention

Federal regulators are paying close attention to this issue. The FTC had just closed public comments on a proposal that would force companies to disclose when they use personal data to set different prices for different shoppers. Consumer advocates call this surveillance pricing. 

Walmart itself had faced questions this year after it won two US patents, PYMNTS reported. One was for automating online price discounts and the other for using machine learning to predict demand, though the company said neither would be used for pricing.

Some organizations still think disclosure alone is not enough to protect shoppers. Open Markets Institute, a nonprofit that studies competition in US markets, told the FTC that “transparency is not an adequate response to the power surveillance pricing gives corporations over their customers.” The group noted that dominant retailers still have significant power over shoppers who have no other store nearby.

Walmart is the country’s largest private employer and its biggest retailer. When it publicly rejects individual pricing, that message reaches every rival that watches Walmart. Grocery chains and delivery platforms now face a higher standard for how they use shopper data.

How the pledge fits Walmart’s broader business

Walmart runs big stores and Sam’s Club warehouses. It also sells products online, and rents ad space on its website and app to brands that want to reach shoppers. In its earnings report on Aug. 20, Walmart brought in revenue of $187.94 billion for the quarter, which is a 5.9% increase from a year earlier. 

Online sales rose 23% globally, and membership fees increased 17%. Walmart also raised its full-year profit forecast to a range of $2.80 to $2.87 a share. WMT shares closed at $107.98 on Thursday, Sept. 24, down 4.24% year to date, though the stock is up 5.21% over the past month.

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JPMorgan analyst Christopher Horvers, who has covered retail stocks at the bank for more than 10 years and has been right on about 59% of his calls, cut his Walmart price target to $125 in August.

However, he still tells investors to buy the stock. His team said the picture is mixed, with US same-store sales up just 2.6% and health and wellness sales slowing. Even so, the average Wall Street price target of about $128 suggests there’s still room for the stock to rise.

What Walmart shoppers and WMT investors should watch next

Furner clearly said that overall Walmart prices can still change based on the costs to buy and ship. If a supplier raises prices, or if fuel costs climb, the prices at the store will also increase. Shoppers who see higher prices in the coming months are most likely seeing the effect of those cost increases.

Walmart will still tailor its ads, its Walmart+ recommendations, and Sparky’s suggestions to each shopper’s history. The price itself does not change. Two shoppers picking up the same item pay the same amount.

For WMT investors, the real growth drivers are the parts of the business that make money without changing shelf prices. Walmart Connect (its ad business), Walmart Fulfillment Services (which helps third-party sellers ship products), and Walmart+ (its paid membership program) all earn higher profit margins than groceries.

All three depend on customer trust, and the pricing promise helps to protect that trust as they keep growing.

Related: BofA points to crucial Walmart numbers most investors ignore

In a video statement on Monday, Florida Attorney General James Uthmeier asked the company to stop calling its technology “safe.”

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“We have an ironclad prenup.”

Gen Z is entering the market unusually young, with easier access to investing than previous generations but vastly different amounts of money to put to work.

More commonly called an RV village or a campsite village in the U.S., a holiday park is a British term for a wider holiday resort built around either a campsite, cabin village, or luxury lodges rather than a hotel.

Some are simple sites for traveling campers to park their car for a night and access water and electricity, while others are elaborate resort-style villages with everything from swimming pools and on-site bars and restaurants to an attached amusement park with common attractions such as go-karts, mini-golf, ropes courses, and fun-fair games.

Parkdean Resorts and Haven Holiday Parks are two of the biggest holiday park operators in the United Kingdom, running more than 100 parks across the country between the two.

Cove Communities Venture 2 Medmerry OpCo Limited enters administration in U.K.

Medmerry Holiday Park, a smaller holiday park in the West Sussex ceremonial county in the southeast region, has attracted a loyal visitor base since it opened in 1925 but has been closed since April 2024, when seasonal flooding through the region devastated the 90-acre site and prompted evacuations of both local residents and holidayers.

The company behind the holiday park, Cove Communities Venture 2 Medmerry OpCo Limited, has now entered administration. The British term is used for insolvent businesses and is the closest equivalent to filing for Chapter 11 bankruptcy in the U.S.

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The other properties under Cove Communities include the Gwel an Mor Resort in Cornwall, the Solway Holiday Park in England’s Lake District, and the Argyll Holidays holiday park in Scotland. According to the administrators, those parks are not affected by the insolvency proceedings and are expected to continue operating as usual.

The full Medmerry Nature Reserve and Bracklesham Bay Beach was home to 308 chalets built around a central pub and restaurant and an outdoor swimming pool.

Much of West Sussex experienced devastating floods in April 2024.Gareth Fuller – PA Images / Getty Images

What will happen to Medmerry Holiday Park?

The park owners confirmed that, with the company now under administration, Medmerry will not reopen to visitors. The closure after the flooding was initially presented as temporary for the period during which repairs to the grounds could be made.

Further details around the parent company’s financial state have not been made publicly available. Leaseholders operating on the property had been offered the chance to exit their leases early, months prior to the administration filing.

Most have chosen not to, and the question of how and whether they will be compensated, given the complete shutdown, now looms unresolved.

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As it had been a community staple for over 100 years, the flooding and subsequent inability to reopen Medmerry prompted sadness from both locals and travelers to the area who had generational memories of staying at the camp.

“Having just returned from a four day break and was blown away with this park, the friendly and well informed staff and quality and price of the food in the restaurant was second to none,” one local resident wrote underneath a post announcing that the holiday park was under administration, The Sun reported.

Related: Another 119-year-old American theme park closes forever

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