1. Associates & Employees

California fast-food workers are now making $20 an hour. Other businesses might have to catch up

Written by Posted on Less than 0 min read

Fast-food workers in California will start earning $20 an hour. Other businesses may raise their own wages to keep up.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Department: HBC

Ulta Beauty shares pop as sales climb 6%

Ulta Beauty reported a jump in sales year over year and said its chief financial officer would retire in April. View Original Article Dept. HBC Executives Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Department: Food

That mysterious New Jersey deli once owned by a publicly traded company is closed, regulatory filing shows

Your Hometown Deli in New Jersey, once the sole asset of a publicly traded company, is closed. View Original Article Dept. Deli Dept. Fresh Prepared CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Media & Marketing

Retailers are gamifying shopping with virtual storefronts to boost engagement, loyalty

​[[“value”:”J. Crew and a string of other retailers are turning to gamified shopping in virtual storefronts to boost engagement and customer loyalty.”]]  View Original Article Marketing: Loyalty & Subscription Shoppers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Bernstein names Amazon its ‘best idea’ for internet stocks in 2024. We see a lot to like, too

​ ​  ​[[“value”:”Club holding Amazon (AMZN) is a stock to own going into 2024, with the ecommerce giant poised for further profitability, according to Bernstein Research.”]]  View Original Article Amazon Predictions and Forecasts Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Holiday & Events

Three reasons a strong Black Friday weekend may not mean a blowout holiday season for retailers

​ ​  ​[[“value”:”Retailers got a boost from cooler temperatures, deep discounts and more online shopping over the five-day holiday weekend.”]]  View Original Article Marketing: Trade Pricing & Promotions Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Department: Consumer Durables

Abercrombie, American Eagle and Lululemon raise holiday sales outlooks

​[[“value”:”Investors are starting to get a clearer picture of which companies captured more of holiday shoppers’ dollars.”]]  View Original Article Shoppers Dept. Apparel Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Stores & Formats

Buy Buy Baby suitors lose interest in keeping stores open as auction nears

​[[“value”:”While Bed Bath & Beyond’s Buy Buy Baby has a number of suitors circling its assets, interest has waned in keeping the chain’s store footprint alive.”]]  View Original Article Bed Bath & Beyond Brick and Mortar CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Channel: Delivery

Rapid grocery delivery boom comes to a grinding halt as Getir, Gorillas slash jobs

Fears of an impending recession are forcing rapid grocery delivery companies to slam the brakes on growth. This week, two of the largest instant grocery apps, Getir and Gorillas, announced decisions to lay off hundreds of employees. Another firm, Zapp, said it is proposing redundancies in its U.K. team.
3 min read
0
5
  1. Uncategorized

CEOs do matter when picking stocks. 5 things we look for in a leader and examples from our portfolio

​Our goal is to invest in businesses that make money over the long run. That’s why we care so much about who is charge.  View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Corporate Strategy

Ford signs five-year payments deal with Stripe for e-commerce drive

The tie-up marks one of the biggest client wins yet for Stripe, and forms part of Ford’s turnaround plan under CEO Jim Farley. View Original Article Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Shopper & Customer

Ulta posts strong holiday quarter as shoppers squeeze makeup into their budgets

​   ​  Ulta sales have benefited from the overall resilience of the beauty category as shoppers budget for affordable luxuries like makeup and wellness products.    View Original Article Dept. HBC Health & Wellness Shoppers Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Channel: Mass

Walmart cuts profit outlook as inflation forces shoppers to spend more on necessities

Walmart shares fell after the company cut its profit expectations due to inflation’s impact on shoppers’ choices. View Original Article Economy Shoppers Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Trends & External Forces

Roe v. Wade’s demise forces companies to grapple with health care plans, employee privacy and more

The Supreme Court abortion decision will have far-reaching implications in the corporate world. View Original Article Dept. HBC Health & Wellness CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million […]
< 1 min read
0
  1. Channel: Restaurants

Why restaurant chains are investing in robots and what it means for workers

Restaurant chains experimented with automation this year as the labor crunch pressured their profits.[[ Getty Images And on an earnings call this summer, McDonald CEO Chris Kempczinski threw cold water on the feasibility of total automation. “The idea of robots and all those things, while it maybe is great for garnering headlines, it’s not practical […]
< 1 min read
0
  1. CPG: Adult Beverage

P&G, Constellation Brands see solid U.S. demand, even as prices rise — a key reason we’re shareholders

​   ​     View Original Article CPG: Adult Beverage CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com Do you like CNBC's articles? […]
< 1 min read
0
  1. Associates & Employees

Apple discourages retail employees from joining unions in internal video

The missive to employees is the clearest sign so far that the company is against employees entering into collective bargaining agreements. View Original Article Associates CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Trends & External Forces

Walmart to shutter health centers, virtual care service in latest failed push into health care

Walmart said clinics are not a sustainable business model due to a challenging reimbursement environment for primary care and increasing operating costs. View Original Article Walmart Dept. HBC Sustainability Health & Wellness CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Channel: Specialty & Other

Overstock.com bids $21.5 million for Bed Bath & Beyond intellectual property assets

​[[“value”:”Online retailer Overstock.com’s $21.5 million bid for Bed Bath & Beyond’s intellectual property will set the floor for a bankruptcy-run auction.”]]  View Original Article Bed Bath & Beyond Bankruptcy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Shopper & Customer

The ‘internet’s favorite underwear’ goes mainstream: Gen Z brand Parade agrees to be bought

​[[“value”:”Parade, the underwear startup that vowed to be the opposite of Victoria’s Secret, has agreed to be bought by Fruit of the Loom licensee Ariela & Associates.”]]  View Original Article Associates Dept. Fresh Consumers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Trends & External Forces

Lowe’s cuts full-year sales forecast, as spending on do-it-yourself projects weakens

​Lowe’s beat first-quarter earnings expectations but lowered its full-year sales outlook.  View Original Article Predictions and Forecasts Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
Next