President Joe Biden on Wednesday pushed to ease supply chain logjams that are threatening the all-important U.S. holiday shopping season.
CHICAGO Unilever Plc and Procter & Gamble, the world's top two advertisers, are seeking out younger audiences by reallocating some 2021 spending away from traditional TV and into video games, streaming services and media programs operated by retailers like Walmart and Tesco.
(Reuters) -Nike Inc on Thursday cut its fiscal 2022 sales expectations and said it expects delays during the holiday shopping season, blaming a supply chain crunch that has left it with soaring freight costs and products stuck in transit.
Target Corp said on Thursday it plans to hire 100,000 seasonal workers this year, fewer than last year, to prepare for the holiday season at a time when the industry grapples with tight labor supply.
CHICAGO/LOS ANGELES With demand for toys at an all-time high, U.S. suppliers and retailers are racing to outrun severe air, sea and land shipping snarls so Santa has a mountain of dolls, scooters and video game consoles to deliver at Christmas. | Video
CHICAGO Walmart Inc's move on Thursday to give 565,000 of its U.S. store workers raises of at least $1 puts the spotlight on the industry's tight, competitive labor market as the all-important holiday shopping season is set to kick off.
CHICAGO, Sept 2 Walmart said on Thursday
that it plans to raise wages for more than 565,000 store workers
by at least $1 an hour, as the all-important holiday shopping
season is set to kick off in the middle of a desperate labor
crunch across the country.
CHICAGO U.S. grocery chain Kroger Co is gearing up to administer 1 million COVID-19 booster shots a week once they are available to the general public, and plans to offer vaccines in nursing homes for those who cannot go to its stores.
CHICAGO Walmart said in a blog post on Wednesday its advertising arm will start offering brands a demand-side platform (DSP) that will help them buy digital ad space more efficiently, just months ahead of the holiday shopping season.
CHICAGO U.S. dollar stores including Dollar General and Family Dollar are likely to see a sales and earnings boost from the Biden administration's plan to hike food stamp benefits, an added payoff for the chains' strategy to tap the $274 billion fresh food market.