Retail Intelligence

Did You Know?.... 24 March, 2020

By Donna Ahern
Did You Know?.... 24 March, 2020

Did you know?... Walmart Inc said on Monday it has temporarily raised entry wages for workers in its e-commerce warehouses by $2, following similar moves by rivals, as it attempts to manage a shopping surge brought about by the coronavirus outbreak, reports Reuters. Walmart said the hike will increase entry wages for workers in e-commerce fulfilment centres or warehouses to between $15 and $19 an hour effective immediately through Memorial Day, a holiday in the United States that falls on 25 May this year.

Did you know?... German retailer Netto Marken-Discount has rolled out avocados and oranges featuring the plant-based Apeel coating in all 4,260 outlets across Germany. Developed by the US-based company, Apeel Sciences, the invisible coating prolongs the shelf life of the fruit and vegetables. The colourless, odourless coating slows down water loss and oxidation, allowing fruit and vegetables to stay fresh for longer.

Did you know?... Sports Direct, Britain's largest sports retailer, wants to keep its shops open despite new regulations requiring non-essential shops to close during the coronavirus outbreak, and has asked the government for permission to do so, reports Reuters. Sports Direct, founded by billionaire Mike Ashley, was criticised by unions and politicians earlier on Tuesday after it said it would keep its stores open despite the new government measures, announced late on Monday, which said only shops like supermarkets and pharmacies could open.

Did you know?... Britain's biggest sportswear retailer JD Sports said on Tuesday it has delayed the publication of its financial results to May and has enough cash resources to ride out the coronavirus crisis, reports Reuters. The company, which has shut all its stores in the UK, United States and Europe, added it was experiencing major disruptions to its business operations.

© 2020 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign-up to subscribe to Checkout.


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