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Walmart, Amazon, Kroger snipe over who pays a $15 minimum wage

Massive retailers have stayed mostly quiet about minimum wage regulation. But, they have more to say when it comes to taking shots at the competition. ....

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Walmart posts 'record' Q4 thanks to online and holiday demand

Dive Brief:
As the pandemic moved holiday shopping online, Walmart s U.S. comp sales growth beat expectations at 8.6%, and e-commerce sales grew 69% year over year in the fourth quarter. Comps at Sam s Club also grew 10.8%.
Walmart s revenue rose 7.3% year over year to $152.1 billion from $141.7 billion, according to a Thursday press release. For the fiscal year, the retailer s revenue rose 6.7% to $559.2 billion, with U.S. comps up 8.6%, e-commerce up 79% and Sam s Club comps up 11.8%.
The retailer is also raising wages for 425,000 associates working frontline roles to an average of above $15 per hour, per the release.
Dive Insight:
Walmart s results continue to be shaped by a rising number of COVID cases during the end of 2020, capping off a robust year with a Q4 that rode on e-commerce and holiday shopping demand. During the pandemic, Walmart has leaned on its scale, existing e-commerce assets and status as a one-stop-shop to cater to consumers evol ....

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Many challenges are awaiting Amazon's new CEO

Many challenges are awaiting Amazon’s new CEO
More scrutiny is likely now that Amazon is the second-largest private employer, coming just behind Walmart.
In 1995, few could imagine that the modest online bookstore built by Jeff Bezos would turn into a $1.7 trillion behemoth that sells everything from diapers to sofas, produces movies, owns a grocery chain and provides cloud computing services to businesses all over the globe.
Amazon has become all of that and more, and now it will be up to Andy Jassy to lead the company forward as CEO.
On Tuesday, Amazon announced that Bezos would step aside this summer and assume the role of executive chairman so he can focus on new products and initiatives being developed at Amazon. ....

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بعد تنحي بيزوس .. أي رياح ستهب على أمازون؟

بعد تنحي بيزوس .. أي رياح ستهب على أمازون؟
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5 challenges awaiting Amazon's new CEO - The Washington Post

In 1995, few could imagine that the modest online bookstore built by Jeff Bezos would turn into a $1.7 trillion behemoth that sells everything from diapers to sofas, produces movies, owns a grocery chain and provides cloud computing services to businesses all over the globe ....

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