Chipotle Mexican Grill and McDonald’s plan to increase menu prices in California next year. The decision is a response to the state’s forthcoming minimum wage hike for fast-food workers, which will see employees earning a minimum of $20 per hour starting on April 1, CNBC reported Monday (Oct....
As the holiday shopping season approaches, Walmart has announced that it is will not hire additional staff to serve customers during this peak period. This comes as other major U.S. retailers, concerned about a potential slowdown in seasonal shopping, rising labor costs and economic uncertainties,...
U.S. restaurant chains dealt with slow-growing sales and lower demand among consumers during 2018 — and more pain is expected in the New Year. According to a report in Bloomberg citing analysts and industry watchers, U.S. restaurants are expected to face more pain in 2019...
To boost customer service, look to the robots? The Wall Street Journal (WSJ) reported that retail giants, such as Walmart and Target, want to automate some operational functions, with an eye on giving staff more time to personally attend to consumers. For Target, it’s a matter of...
April 30, 2024
American labor costs rose more than anticipated last quarter, new government data shows. The Employment Cost Index (ECI), a measure of wages and benefits, climbed 1.2% last quarter after increasing by an unrevised 0.9% during the last three months of 2023, the Bureau of Labor Statistics said Tuesday (April 30). Wage growth was more pronounced year-over-year, with […]
October 30, 2023
Chipotle Mexican Grill and McDonald’s plan to increase menu prices in California next year. The decision is a response to the state’s forthcoming minimum wage hike for fast-food workers, which will see employees...
October 16, 2023
As the holiday shopping season approaches, Walmart has announced that it is will not hire additional staff to serve customers during this peak period. This comes as other major U.S....
December 28, 2018
U.S. restaurant chains dealt with slow-growing sales and lower demand among consumers during 2018 — and more pain is expected in the New Year. According to a report in Bloomberg...
