Retailers boost worker bonuses as pandemic surge continues
Walmart will give 1.5 million U S employees extra cash bonuses in a fourth round during the pandemic. Target Lowe's and Amazon also announced similar bonuses as labor groups press for more pay amid rising virus cases and heavy online orders. Mastercard Spending Pulse shows November retail sales up 5.1 percent with online spending up 52.6 percent, while Kroger reports stronger Q3 results as COVID-19 infections rise and pantry restocking grows.
MENTIONED IN THIS ARTICLE
Walmart
U.S
Target
Lowe’s
Amazon
Mastercard
Kroger
Grocer
Wall Street
Zacks Investment Research
Neil Saunders
GlobalData
Virus altered santas adapt to pandemic age
In the Coronavirus Age Santas like MIAMI-Brad Six perform with face shields and plexiglass, many doing outdoor or virtual visits as traditional laps become unsafe. Agencies report revenue shifts, with prices from twenty to one hundred dollars and Santas adapting tools and skills for online chats while some take the season off.
MENTIONED IN THIS ARTICLE
Miami
Brad Six
Santa Claus
Miami Outdoor Supply
Six
Santa
Stephen Arnold
IBRBS
International Brotherhood of
Mitch Allen
Hire- Santa
Allen
Jac Grimes
Greensboro
North Carolina
Grimes
Mrs. Claus
Allen’s
Christopher Saunders
Tool
Texas
Dallas
US service sector growth slows for second month
The Institute for Supply Management reports November services activity at 55.9, down from 56.6 in October, marking the sixth straight month of expansion. While generally positive, the slower pace amid rising COVID cases and colder weather raises concerns for consumer facing firms and outdoor dining.
MENTIONED IN THIS ARTICLE
Silver Spring
U.S
Institute For Supply Management
Oxford Economics
UPS tests holiday capacity as online shopping spikes
The Sandy Springs based UPS reports capacity constraints as online orders surge this season. Major retailers including Macy's Gap Nike New Egg L L Bean and Hot Topic faced restricted package pickups. Adobe data show Thanksgiving to Cyber Monday spending at 34.4 billion and Monday as the largest online shopping day in U S history. UPS aims to stagger peak volumes with capacity allocations and higher surcharges to preserve reliability for small and mid sized businesses and everyday shoppers.
MENTIONED IN THIS ARTICLE
UPS
Sandy Springs
Also Mentioned on This Page
New York
The
Associated Press
Bass Pro
Lynne Sladky
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!