When an announcement came in late November that Lauren Hobart would take the reins as chief executive at Dick’s Sporting Goods in early 2021, corporate America hit another major milestone for inclusivity that has been driven, in large part, by the retail industry. A record 41 female CEOs are soon …
Read More »Covid crisis made low-wage workers essential, but gains appear fleeting
A man bangs a spatula against a pot to show gratitude to medical workers from Lenox Hill Hospital as part of the nightly #ClapBecauseWeCare during the coronavirus pandemic on May 07, 2020 in New York City. Cindy Ord | Getty Images In the spring, cheers, claps and clanging pots and …
Read More »HHS Secretary Azar says the public will get Covid vaccine ‘by the end of February into March’
Health and Human Services Secretary Alex Azar told “The News with Shepard Smith” that most Americans can expect to get the coronavirus vaccine as soon as late February. “I believe by the end of February, the end of March, of course, depending on the decisions by our governors, but I …
Read More »Covid vaccine may be available at CVS, Walgreens stores in early spring
Health-care workers across the U.S. received Covid-19 vaccinations Monday, the first Americans to do so outside of a clinical trial. It will still be several months, however, before the average person can walk into their local drugstore or grocery store and receive the vaccine. In interviews with CNBC, Walgreens and …
Read More »Kroger prepared to start distribution, says CEO
Kroger CEO Rodney McMullen on Thursday expressed confidence about the distribution of coronavirus vaccines at its pharmacies, telling CNBC the grocer was “ready and anxious to get started.” “We’re definitely prepared,” he said on “Closing Bell,” adding the company has been coordinating with the federal government and states for weeks. …
Read More »What Thanksgiving looks like in a pandemic: Cornish hens and takeout
This year, instead of the traditional turkey, Nicole Beckler’s Thanksgiving table will feature two Cornish hens: the perfect sized birds for a dinner for two. Beckler, a travel agent based in Florida, downsized her dinner after deciding against flying to New Jersey to celebrate the holiday with her family. “Since …
Read More »Grocery workers face new challenges as Covid worsens, fatigue sets in
An employee bags a customer’s purchases at a Kroger store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images For some grocery workers who stock shelves and check out customers, the past few weeks have felt like deja vu. Hand sanitizer and masks are in short supply. Some customers …
Read More »Walmart and McDonald’s among top employers of Medicaid and food stamp beneficiaries
Cars drive past a Walmart store in Washington, DC, on August 18, 2020. Nicholas Kamm | AFP | Getty Images Walmart and McDonald’s are among the top employers of beneficiaries of federal aid programs like Medicaid and food stamps, according to a study by the nonpartisan Government Accountability Office. The …
Read More »Walmart sees localized grocery stockpiling as Covid cases rise
Walmart CEO Doug McMillion said Tuesday that customers are loading up on items like toilet paper again as coronavirus cases rise — but he said the retail giant is better prepared to keep up. “It feels to me like we’ll work through this period of time better than we did …
Read More »Walmart (WMT) Q3 2021 earnings
Customers shop at a Walmart store on May 19, 2020 in Chicago, Illinois. Scott Olson | Getty Images Walmart reported third-quarter earnings on Tuesday that topped Wall Street’s expectations as customers continued to shop online and sent U.S. e-commerce sales soaring by 79%. The discounter said customers are embracing the …
Read More »Walmart resumes metering customers in its stores
Customers shop at a Walmart store on May 19, 2020 in Chicago, Illinois. Walmart reported a 74% increase in U.S. online sales for the quarter that ended April 30, and a 10% increase in same store sales for the same period as the effects of the coronavirus helped to boost …
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