According to National Retail Federation chief economist Jack Kleinhenz, the United States Federal Reserve faces “a tricky job” in addressing inflation, but ongoing growth in employment, wages and consumer spending make it unlikely the effort will generate a major...
Despite a stronger than expected sales gain in the first fiscal quarter, Walmart missed a Wall Street analyst consensus estimate on income as inflation, a temporary labor imbalance and supply chain costs took dollars off the bottom line. Walmart posted company net...
Honey-Can-Do International, a Berkeley, Illinois-based supplier of storage and organization products, announced it raised its minimum wage on warehouse workers to $15.50 per hour, effective immediately. In addition to raising the wages of those previously below that...