1. Associates & Employees

Millions of Workers May Be Eligible for Overtime Under New Biden Rule

Written by Posted on Less than 0 min read

The United States Department of Labor revealed that millions of workers may be eligible for overtime pay under President Joe Biden’s new rule.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Stores & Formats

Sam’s Club to open 30 new stores

Sam’s Club plans to open 30 new locations over the next few years, the first new clubs since 2017. The new locations will measure about 20,000 square feet larger than existing clubs and feature amenities such as sushi islands, full-service floral areas and optical centers. Sam’s also plans to open five new supply chain fulfillment […]
< 1 min read
0
  1. Channel: Drug

CVS moves closer to deal to acquire primary care provider

CVS Health is close to making a deal to acquire Oak Street Health, an operator of primary care clinics for Medicare recipients, in a deal valued at $10.5 billion. View Original Article CVS Health & Wellness Acquisition RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving […]
< 1 min read
0
  1. Trends & External Forces

EU Hits Apple With $2 Billion Antitrust Fine

In a landmark decision, Apple faced a hefty fine of 1.84 billion euros, marking its first violation of EU competition regulations. The penalty stems from allegations of hindering competition in the music streaming market through App Store restrictions. View Original Article Marketing: Digital Media Legal & Criminal Competition Government Streaming RetailWire Member since October 25, […]
< 1 min read
0
  1. Channel: Delivery

Instacart Is Going Public. For Real, This Time.

Grocery delivery company Instacart is reportedly gearing up to go public in an initial public offering (IPO) as early as September, according to Bloomberg. While the company has previously attempted to go public several times, this new move comes amid a decline in demand for grocery delivery services, with online grocery sales in the U.S…. […]
< 1 min read
0
  1. Technology & Innovation

Gen Z knows its generative AI

Gen Z students entering the workforce have been experimenting with generative artificial intelligence technology, bringing their enthusiasm and know-how to their jobs. Members of Gen Z born between 1997 and 2012 make up more than 13 percent of the workforce, according to the U.S. Bureau of Labor Statistics. Gen Z Accepting AI in the Workforce… […]
< 1 min read
0
  1. Uncategorized

Pentagon Invests $2.5B in L3Harris, Lockheed, and Sierra Space

Big news: the Pentagon has decided to invest a whopping $2.5 billion in three companies – L3Harris, Lockheed Martin, and Sierra Space – to build satellites. These aren’t ordinary satellites, though. They are part of a growing military system managed by the U.S. Space Force’s Space Development Agency (SDA). View Original Article RetailWire Member since […]
< 1 min read
0
  1. Associates & Employees

Target workers can wear shorts now, and they’re thrilled about it

Target has updated its dress code to allow most store employees to wear shorts to work. Previously, only cart attendants and drive-up fulfillment workers were allowed to wear shorts. The change comes after the U.S. experienced triple-digit heat waves and record-high global temperatures. Employees are still required to wear a full-length shirt with sleeves, preferably… […]
< 1 min read
0
  1. Department: Food

Pesticide Risks in US Produce: What You Should Know

Consumer Reports has completed an extensive review of pesticides in 59 types of fruits and vegetables commonly found in the U.S. The study analyzed seven years of data from the U.S. Department of Agriculture, revealing concerning findings about pesticide residues in our food. View Original Article Data & Insights Dept. Fresh Dept. Grocery Dept. Perimeter […]
< 1 min read
0
  1. Trends & External Forces

Small Businesses Battle Inflation and Workforce Shortages

The United States economy continues to be a source of concern for small businesses, with the ongoing worker scarcity and relentless inflation feeding into their pessimism. A slight rise in the Small Business Optimism Index was reported for December, but the atmosphere remains gloomy. View Original Article Associates Economy RetailWire Member since October 25, 2020 […]
< 1 min read
0
  1. Trends & External Forces

Annual and monthly inflation rates tell different stories

New data from the Bureau of Labor Statistics shows prices in February rose six percent year-over-year. Prices in January were up 6.4 percent. February’s prices were up 0.4 percent compared to January’s. View Original Article Associates Data & Insights Economy RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online […]
< 1 min read
0
  1. Channel: Restaurants

Robots go to work in restaurant kitchens

Fast-food and quick-serve restaurant chains including Chipotle, White Castle and Wing Zone have put robots to work in their kitchens to serve customers food. “The tide has turned, this is no longer a question of are robotics coming to the industry,” said Jake Brewer, chief strategy officer at Miso Robotics. “It’s a foregone conclusion. The […]
< 1 min read
0
  1. Trends & External Forces

Resale market competition heats up and puts pressure on profitability

The resale market underwent a wave of consolidation in 2022. As the new year begins, retailers will likely place growing emphasis on profitability in the face of more intense competition. View Original Article Competition RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as […]
< 1 min read
0
  1. Technology & Innovation

IHOP cutting limited time offering as its expands menu offerings

IHOP has revamped its menu across dayparts as it seeks to address the needs of its most important customers. The menu expansion–the chain will now have multiple varieties of Eggs Benedict for example–seeks to satisfy customers’ cravings and reduce the need for limited time offerings. “This is the largest innovation we’ve done and is part […]
< 1 min read
0
  1. Trends & External Forces

Retailers face uncertainty as 2023 begins

Retailers are looking for a strong finish in January to prop up their holiday season performance and to clear out what remains of excess inventory. Concerns over a potential economic downturn remain as the new year begins. View Original Article Predictions and Forecasts Operations & Supply Chain Economy Holiday & Events RetailWire Member since October […]
< 1 min read
0
  1. Trends & External Forces

Don’t blame high egg prices on inflation (entirely)

Recent reports on the inflationary price spikes at grocery stores tend to lump eggs in with flour and other baking needs that have become considerably more expensive in 2022, but eggs have a better excuse. The USDA reports that about 60 million birds have been lost so far due to avian flu, and the hit […]
< 1 min read
0
  1. Corporate Finance

Wayfair loses more than a million customers

More than a million fewer customers purchased products from Wayfair last quarter, a decrease of 22.6 percent year-over-year. The online furniture retailer’s sales fell nine percent during the quarter, which led to a loss of $283 million. “Wayfair’s business isn’t working and it is losing an extensive amount of market share,” said Neil Saunders, an […]
< 1 min read
0
  1. Channel: Drug

Justice Department sues Rite Aid for violating the Controlled Substances Act

The Justice Department on Monday filed a lawsuit against Rite Aid for allegedly violating the Controlled Substances Act, alleging that the company “knowingly filled unlawful prescriptions for controlled substances.” In a statement, Attorney General Merrick Garland said the Department of Justice is “using every tool at our disposal” to hold Rite Aid accountable for contributing […]
2 min read
0
5
  1. Channel: Club

Costco reports gains in sales and earnings

Costco’s same-store sales improved 6.6 percent year-over-year in its fiscal first quarter, and the warehouse club giant posted earnings of $3.07 a share, up from $2.98 in 2021. View Original Article Costco Results & Investment Operations & Supply Chain RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion […]
< 1 min read
0
  1. Shopper & Customer

Eli Lilly Uses LilyDirect To Sell Weight Loss Drugs Straight to Consumers

Eli Lilly is primed to redefine the traditional drug distribution model by vending their medicines, particularly their burgeoning weight-loss drugs, directly to consumers. View Original Article Consumers Operations & Supply Chain RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource […]
< 1 min read
0
  1. CPG: Food

Kellogg’s snack business gets new name ahead of spinoff

Snack brands Pringles and Cheez-Its will operate under Kellanova, the new name of Kellogg’s snack division. The consumer packaged goods giant plans to split its businesses into separate and independent operations. The other unit will be known as WK Kellog Co. View Original Article Dept. Grocery Operations & Supply Chain Consumers Kellogg's RetailWire Member since […]
< 1 min read
0
Next