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September 29, 2015 at 10:46 am
Whole Foods is cutting 1,500 jobs over the next two months, or about 1.6 percent of its workforce, as it focuses on its strategy to lower prices for customers, the grocery chain said Monday. The cuts come after Whole Foods added more than 9,000 jobs in the past year. The company said it expects "a significant…
September 29, 2015 at 10:42 am
Selfie walls! Wearables! 3-D printers! The newly renovated basement at Macy's massive flagship store in New York City's Herald Square is full of millennial buzzwords. It's called One Below, and the department store wants it to be a destination for young shoppers. One Below is part of a $400 million renovation at Macy's flagship location and…
September 29, 2015 at 10:32 am
Dallas-based Tuesday Morning Corp. said Tuesday that CEO Michael Rouleau, 76, has retired. The retailer of closeout gifts and home furnishings has hired search firm Herbert Mines Associates to find a new CEO. Rouleau will be a consultant to Tuesday Morning, a chain of 767 stores, through March. Tuesday Morning Chairman Steven R. Becker, 48, will become…
September 29, 2015 at 10:23 am
Amazon.com is using independent contractors for its Flex delivery program to ferry packages to customers, adopting a staffing method that's already attracted controversy and lawsuits. Amazon Flex, which the company describes as its newest delivery innovation, allows individuals to be their own bosses while earning up to $25 per hour or more delivering Prime Now orders,…
September 28, 2015 at 10:59 am
The $6.3 billion merger between the top two office supply chains has hit yet another bump: the European Union opened an “extensive” investigation into the would-be union of Staples and rival Office Depot. Reuters reports that EU antitrust regulators are probing the possibilities of price hikes should the two chains walk down the aisle. The EU said…
September 28, 2015 at 10:51 am
Starbucks has launched a loan program to help its U.K. staff put down a deposit on a rental property. Workers who have been at Starbucks for at least one year can apply for an interest-free loan equivalent to one month's wages to use as a deposit on a house, the coffee giant's U.K. branch announced on…
September 28, 2015 at 10:44 am
The Oct. 1 EMV deadline is quickly approaching – yet many retailers are racing to this finish line with uncertainty if they will make it or not. In fact, a recent survey from Strawhecker Group revealed that only 27 percent of U.S. merchants will be EMV ready by the Oct. 1 liability shift. This same…
September 28, 2015 at 10:23 am
Amazon.com is scheduled to announce today that it plans to build a technology hub in downtown Detroit with the creation of more full-time technology jobs. As part of its announcement, Amazon said it's donating $10,000 and 30 Amazon Fire tablets to the Carver STEM Academy program in the Detroit Public Schools. The academy offers students in…
September 28, 2015 at 10:17 am
The clothing chain Hollister will get rid of steps at its trademark entrances at dozens of stores across the U.S. to make the doorways wheelchair accessible as part of a settlement approved Thursday by a federal judge. The agreement marks the end of a six-year court battle involving the retailer that specializes in Southern California-inspired casual…
September 25, 2015 at 12:14 pm
Getting a prescription filled at Walgreens has been taking a lot longer than usual this week due to an ongoing outage of the drugstore chain's pharmacy computer database. Pharmacists have been filling prescriptions manually since the system went down Tuesday morning, causing delays for customers at all 8,200 Walgreens drugstores across the U.S.
