News

A major grocery store called its workers ‘first responders’ early in the pandemic. Now, it’s making the ‘strategic decision’ to ditch in-house delivery in favour of contractors.

Albertsons made a “strategic decision” to abandon its in-house delivery fleet, and will start the transition on February 27, a spokesperson told Business Insider on Monday, which was first reported by local news outlet KNOCK. Last year, Albertsons called its workers “first responders” and pushed to get them priority access […]
A major grocery store called its workers ‘first responders’ early in the pandemic. Now, it’s making the ‘strategic decision’ to ditch in-house delivery in favour of contractors.
News

9 retailers that have hiked wages during the coronavirus pandemic

Amazon, Target, and Safeway have offered employees a temporary bonus during the coronavirus pandemic. A number of retailers have instituted additional changes to their wage policies, like paying employees regardless of whether or not they come into work. Chains are increasingly desperate for workers as the COVID-19 pandemic continues to […]
9 retailers that have hiked wages during the coronavirus pandemic
News

These are the 20 biggest retailers in America

America’s biggest retailers bring in billions of dollars in sales each year. A recent ranking in the National Retail Federation’s Stores magazine looked at the top 100 biggest retailers based on sales. Walmart,Kroger, and Amazon took the top three spots in the ranking, which used data from Kantar Consulting. The […]
These are the 20 biggest retailers in America
Markets

Walmart has a big opportunity to help reverse its online sales slump

Walmart has an opportunity to revitalize its online sales through a key category that other retailers will have more difficulty in: online groceries. The company’s “click & collect” option on its website will not only bring more online traffic, but also more customers off-line and into its stores, Credit Suisse […]
Walmart has a big opportunity to help reverse its online sales slump
Markets

The key for retailers to win the war against Amazon is to embrace it

Fred Killingsworth, the CEO of brand agency Hinge, thinks retailers should stop fighting Amazon, and start embracing it. He said that it is hard for even the biggest retailers to compete with Amazon in ecommerce spending. Instead, he advocates for an approach that helps retailers leverage all the potential that […]
The key for retailers to win the war against Amazon is to embrace it
Markets

Rite Aid gains after Albertsons agrees to the buy the drugstore chain

Rite Aid‘s stock rose Monday after Albertsons announced a deal to acquire the drugstore chain in a cash-and-stock deal. The resulting merger will bring in an expected $US83 billion in 2018 revenue. After the deal closes, Albertsons’ shares will be listed on the New York Stock Exchange. View Rite Aid’s […]
Rite Aid gains after Albertsons agrees to the buy the drugstore chain
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