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Chewy CEO: pandemic puppy trend is ongoing06/11/2021
Americans adopted puppies and kittens in big numbers as they hunkered down in their homes during the early months of the novel coronavirus pandemic. That trend continued even as restrictions were lifted, according to Chewy CEO Sumit Singh. The online pet product retailer launched an adoption service last month and is working with 6,000 animal…
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McDonald?s suffers hack attack06/11/2021
McDonald’s reported that hackers gained access to its computer systems in some markets, including the U.S., South Korea and Taiwan. The company told employees and franchisees that business contact information had been accessed along with details about restaurant seating capacity and the square footage of play areas. No customer information was accessed in the attack.
Pay gap between CEOs and workers widened during the pandemic06/11/2021
CEO pay jumped 14.1 percent last year compared to 1.9 percent for the median employee, according to a survey conducted by Equilar, an executive compensation firm. Chief executives earned 274 times that of the median worker at their companies last year, up from 245 percent in 2019.
Prime Day offers retail rivals a reason to be cheerful06/11/2021
Amazon.com is not the only retailer to enjoy record sales during its Prime Day event. No, many of its rivals have rolled out their own-time adjacent events and seen sales jump in the process.
Netflix opens its own online store06/11/2021
Netflix.shop will offer themed merchandise from hit shows running on the television and movie subscription service. Retailers sold $128 billion of entertainment-themed apparel in 2019.
Amazon and National Safety Council team up to reduce workplace injuries06/11/2021
Amazon.com is working with the National Safety Council on a campaign designed to cut down on the number of musculoskeletal injuries that occur in American workplaces. The partnership will provide grants to fund research on the topic and will create an advisory council that brings together corporations, researchers and safety experts.
Computer chip shortage complicates restaurant management06/11/2021
Restaurants pivoting to contactless forms of payments are more dependent on point of sale technology than ever before. A lack of terminals and handheld devices resulting from a shortage of computer chips is another factor negatively affecting restaurants, which are trying to staff up at a time when competition for labor is particularly high.
Macy?s fireworks show is back06/11/2021
Macy’s announced that it would bring back its July 4 fireworks show, a signal of life returning to normal in New York City and across America. The department store retailer was forced to alter its big show last year to opt for smaller displays across New York’s boroughs due to the spread of the novel…
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PCC Community Markets hits pause on new store citing lack of staff06/10/2021
PCC Community Markets is delaying the opening of a new store in downtown Seattle until next spring due to a lack of workers to staff the location. PCC also cited a concern about a potential lack of customers for its decision as it and other businesses wait to see if office workers will return to…
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Companies find $15 an hour starting pay attracts job seekers06/10/2021
Klavon’s Ice Cream Parlor in Pittsburgh needed workers and found very few takers when it posted jobs for $7.25 an hour plus tips. The owner of the business decided to raise the starting wage to $15 an hour and one week later had more than 1,000 applications for jobs. “It was like a dam broke,”…
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