Tech Insider : Economy
A retail worker in a red vest stocks a shelf with crayons
Major retailers have been spending a lot of money to try get workers to stay, but it might not be enough.
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walmart employee
Walmart increasing its minimum wage to $14 per hour was followed by an avalanche of similar moves from other retailers.
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Kroger
Kroger will invest $770 million more in pay and benefits for its employees this year, making it the latest retailer to spend more as the retail labor market remains tight.
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Kroger
Kroger CFO Gary Millerchip described digital grocery as "becoming less of a headwind" — indicating that investments are still outweighing profits.
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Kroger
Kroger wants to grow profit using the data it collects on consumers' purchases, raising privacy concerns, The Markup reported.
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Kroger
Kroger CFO Gary Millerchip described digital grocery as "becoming less of a headwind" — indicating that investments are still outweighing profits.