Mar 17 Panic buying leaves retailers scrambling to restock By Anne D'Innocenzio, Associated Press Grocers big and small are hiring more workers, paying overtime and limiting purchases on certain high demand items as they scramble to restock shelves that have been wiped out by panic shopping in response to the global viral pandemic. Continue reading
Oct 16 U.S. retail sales dip 0.3 percent in September By Martin Crutsinger, Associated Press Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending. Continue reading
Apr 23 Coming to store shelves: cameras that guess your age and gender By Joseph Pisani, Associated Press Eyeing that can of soda in the supermarket cooler? Or maybe you're craving a pint of ice cream? A camera could be watching you. Continue reading
Oct 15 Watch 6:33 The fall of a retail icon: why Americans stopped shopping at Sears The once formidable retail giant Sears files for bankruptcy protection. The company, which also owns Kmart, will continue to operate as executives try to reverse a downward spiral exacerbated by e-commerce. John Yang examines the company’s storied legacy and tumultuous… Continue watching
Aug 24 Watch 8:49 How retailers are banking on options and experiences to draw in shoppers By PBS News Hour Is traditional retail dead? There have been more store closings this year than any since the Great Recession, with retailers filing for bankruptcy at a record pace. And yet online retailers like Amazon and Warby Parker are adding brick-and-mortar stores. Continue watching
Aug 17 Watch 9:52 Can online shopping absorb traditional retail workers? By PBS News Hour The growth of e-commerce continues to wreak havoc on traditional retail and its workforce, with 5,300 store closings announced in the first half of 2017 and 64,000 job cuts expected. What will become of the 16 million Americans who work… Continue watching
May 17 Were you laid off from your retail job? The PBS NewsHour wants to hear from you By Diane Lincoln Estes We want to hear from retail workers who have been affected by a "retail apocalypse."… Continue reading
Feb 25 TJ Maxx parent company will raise workers’ pay to $10 an hour in 2016 By Jasmine Wright The parent company that owns retailers T.J. Maxx, Marshalls and HomeGoods announced on Wednesday a plan to raise their workers' wages to $9 an hour in June, with an eventual rise to $10 an hour by 2016. The move makes… Continue reading
Dec 12 Why employees earn more at big-box chains than mom-and-pop shops By Simone Pathe Large retail chains are the target of frequent criticism for paying low wages and exploiting workers, but a new working paper from the National Bureau of Economic Research suggests that big-box stores have actually increased wages in the retail sector,… Continue reading
Oct 10 Why would Amazon open a brick-and-mortar store in New York? By Meredith P. Garretson After two decades of championing e-commerce, why would Amazon decide to open a retail store in New York?… Continue reading