Costco will raise its company-wide minimum wage to $16 per hour, a one-dollar increase that raises its wages higher than its fellow big-box retailers, the company’s CEO said during a congressional hearing Thursday.
Costco plans to raise its minimum wage from $15 to $16 because it is committed to paying workers “very competitive retail wages,” CEO Craig Jelinek said during a Senate Budget Committee hearing Thursday. Jelinek stopped short of advocating in favor of a federal minimum wage overhaul, instead saying he was solely focused on Costco. Read More
Walmart announced it will raise wages for 425,000 store associates serving in “frontline” roles after the company reported record fourth-quarter revenue.
Walmart will increase starting wages to between $13 and $19 per hour depending on store location and market, according to a letter Walmart President and CEO John Furner sent to employees nationwide Thursday morning. The pay raises will begin on March 13 and apply to the company’s 425,000 store associates. Read More
Globally dominant retailers Amazon and Walmart saw profits soar in 2020 on the strength of surging online sales amid a traditional retail environment decimated by COVID-19 closures and shoppers too nervous to venture out into brick-and-mortar establishments. Read More
The Department of Justice sued Walmart Tuesday alleging that the big-box retailer fueled the U.S. opioid epidemic by knowingly filling illegitimate prescriptions and with price-cutting techniques.
Walmart transformed its 5,000 in-store pharmacies into a leading network of opioid suppliers, the Department of Justice (DOJ) lawsuit alleged, according to a press release. In addition, Walmart allegedly didn’t heed warnings from its pharmacists that there was an insufficient screening process for questionable prescriptions. Read More
Retailers like Target and Walmart stretched out their traditional Black Friday sales throughout the whole month, but post-Thanksgiving shopping sprees will still be available, according to press releases from the companies. Cyber Monday will feature big deals online as usual, but don’t forget Giving Tuesday and Small Business Saturday. Read More
Walmart has reversed course, announcing it is returning ammunition and firearms to their displays in its U.S. stores.
On Thursday the nation’s largest retailer said it had removed the items from displays due to “civil unrest” in some areas of the country. Guns and ammunition, however, had remained for sale at the stores, just not visible to shoppers. Read More
Virginia’s fiscal year 2020 sales tax revenue performed well all the way up until April 2020 when sales tax revenue decreased 0.4 percent from April 2019; May saw sales tax revenue drop 12.5 percent from May 2019, indicating harm to Virginia’s retailers. At the same time, online sales were booming. Read More
President Donald Trump said Saturday that he approved a transaction between Oracle and TikTok that allows the Chinese application to stay in the United States.
Part of the arrangement requires the newly U.S.-based TikTok company to direct $5 billion toward teaching American children “the real history of our country,” Trump told reporters at the White House, Bloomberg reported Saturday. The president later told rally attendees in North Carolina Saturday that he is establishing a “large fund for the education of American youth.” Read More
Walmart will require all customers to wear face coverings inside its stores beginning July 20, the company announced Wednesday.
“As the number of confirmed cases has spiked in communities across the country recently, so have the number and types of face covering mandates being implemented,” the retailer said in a press release. Read More
A man drove into a Northern California distribution center and started shooting at people Saturday afternoon, killing an employee and wounding four others before he was killed by police, authorities said.
The shooting by a 31-year-old man with a semi-automatic rifle started about 3:30 p.m. at the Walmart distribution center south of Red Bluff, a city of about 14,000 people about 131 miles (210 kilometers) north of Sacramento, California. Read More
Live from Music Row Tuesday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 a.m. to 8:00 a.m. – Leahy was joined on the line during the program’s second hour by Tennessee State Senator Kerry Roberts (R-Springfield.) Read More
Christmas season is in full swing as people try to buy and send presents to loved ones all over the country. Here are the deadlines for major shipping carriers. Read More
In a specific discussion Wednesday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 am to 8:00 am – Leahy welcomed in-studio guest Development Director of the Tennessee Firearms Association Jeff Hartline to the show to speak on the Second Amendment and Walmart’s decision to stop selling certain rifles and ammunition in their retail outlets. Read More
The executive director of the Tennessee Firearms Association wants all gun owners in the state to know about what he calls “Walmart’s increasing anti-gun stance.” In a column posted on the TFT website Tuesday, Executive Director John Harris said Walmart is no longer “a truly ‘American’ store. “Even worse… Read More
Several people were killed and one person was in custody Saturday after a mass shooting occurred in a shopping complex in the border town of El Paso, Texas, police said. Read More
Sears will live on— at least for now. The company’s chairman and largest shareholder, Eddie Lampert, won a bankruptcy auction for Sears in New York, averting liquidation of the iconic chain, according to a source familiar with the negotiations. The person agreed to speak on condition of anonymity because they… Read More
by Evie Fordham Walmart and CVS Health’s pharmacy benefit management (PBM) division announced they’re parting ways Tuesday, and it’s a split that could disproportionately impact rural patients, health care entrepreneur Dave Chase told The Daily Caller News Foundation. The split was brought on by a pricing dispute and means… Read More
by Amanda Snell Sen. Bernie Sanders is back again, with yet another attempt to indirectly mandate the $15 an hour minimum wage. It’s called the Stop WALMART Act, or Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act. It would affect large (500-plus employees) companies, and among… Read More