Richa Naidu

Factbox: How Target, Home Depot, UPS, FedEx plan to ease U.S. port congestion

Oct 13 2021

President Joe Biden on Wednesday pushed to ease supply chain logjams that are threatening the all-important U.S. holiday shopping season.

From 'Animal Crossing' to Netflix: Unilever and P&G search for young consumers in a pandemic

Oct 04 2021

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.

Nike warns on holiday delays, cuts full-year sales estimate

Sep 23 2021

(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 to hire 100,000 seasonal workers this holiday season, fewer than last year

Sep 23 2021

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.

High-stakes Christmas looms as surging toy demand meets supply-chain snarls

Sep 20 2021

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

Walmart's wage bump signals pressure to raise pay in industry battle for labor

Sep 02 2021

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.

Walmart bumps up hourly wages for 565,000 workers by $1 ahead of holidays

Sep 02 2021

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.

Kroger plans for 1 million Covid-19 booster shots a week, including in nursing homes

Aug 25 2021

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.

Walmart's media arm to offer brands a tool to help manage digital ads

Aug 25 2021

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.

Analysis-Higher U.S. food benefits give legs to dollar stores' fresh food push

Aug 25 2021

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.

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