Major retailers including Target, Walmart, Whole Foods, Walgreens, and CVS have all recently decided to close locations across major US cities, raising concerns about the future of retail in some of the most distinguished business …
The good news is the waning pandemic has allowed consumers to return to in-person shopping; the bad news is the return has been coupled with a sharp rise in retail shoplifting theft, a $100 billion …
Welcome to the FI Newscast! Each week, we note the latest industry trends and consumer insights, with guest appearances by the foremost industry experts. This week’s guest was Kelly Springer, CEO of Kelly’s Choice. Produced …
Now that Walmart has joined Target and Costco by raising their minimum pay to about double the federal rate of $7.25 an hour, fast-food outlets may have to consider boosting their minimum to $20 to …
Where have all the corner drug stores gone? Those of a certain age remember the traditional corner drug store – the place you went after school, nickels clutched in hand, to buy a piece of …
Higher pay. Flexible work hours. A retirement account. What more do workers want? The answer is: plenty. The pandemic changed the way a lot of people think about work, and employers are not only scrambling …
Ahead of Labor Day Weekend, the labor situation for grocers and restaurants is anything but rosy. Although both the Bureau of Labor Statistics (BLS) and ADP showed a net gain in jobs for August, hiring …
Today is International Women’s Day (IWD), a day created in 1911 to celebrate the achievements of women. These days, IWD is largely viewed as an opportunity to celebrate the accomplishments of women in areas such …
Despite reaching a sobering coronavirus milestone earlier this week, U.S. drug stores and grocers are increasingly optimistic that they will be able to support in-store COVID-19 vaccination efforts as supplies become available at their stores. …
Neighborhood grocery stores will likely serve as major providers of COVID-19 vaccinations, reported The Wall Street Journal (Nov. 30). Supermarkets are working to secure storage materials for the vaccines, and other medical gear required for …
Amazon opened an online pharmacy Nov. 16, allowing customers to order medications and prescription refills for delivery, reported CNBC (Nov. 17). The retail giant has been building its pharmacy offering for several years now. In …
