KHD Buzz – Retail Spending Up 9.8% in March, Amazon Workers Vote No to Unions and More
Vaccines, Stimulus Checks Helped Retail Sales Soar 9% in March
Newly vaccinated against COVID-19 and with $1,400 stimulus checks in their bank accounts many Americans went on a shopping spree in March, boosting retail sales 9.8%. This was great news for the industry after a 3% drop in February had many concerned. Read More
Walmart Third Party Marketplace Continues to Gain on Amazon
Walmart Marketplace grew to an estimated 70,000 sellers in 2020, fueled by an increase in online shopping as a result of the Covid-19 pandemic, as well as a series of technology and vendor relationships investments that the company made in that time period.
According to projections from data firm Marketplace Pulse, that will increase by 146 percent by the end of 2022, giving Walmart the significant gains on Amazon it has been striving for in the online retail space. Read More
Trucking Companies Increase Wage Offers, Perks, to Solve Driver Shortage
As roaring consumer demand and tight shipping capacity stoke a resurgent freight market, U.S. trucking companies are scrambling to hire more drivers. In addition to pay increases of up to 40% companies are also offering new perks in an attempt to keep up with increasing service demands and worker turnover. Read More
Amazon Workers Vote No on Union
In a much-anticipated election last week, Amazon warehouse workers in Bessemer, Alabama, overwhelmingly voted against joining the Retail, Wholesale, and Department Store Union.
Amazon and business groups applauded the decision, claiming that warehouse workers were given the opportunity to weigh the benefits and drawbacks of union membership before voting to reject it.
However, labor activists argue that the lopsided vote demonstrates how unfairly the odds are stacked against union organizing efforts and emphasizes the need for Congress to reform labor law in the United States. The Protecting the Right to Organize Act, or PRO Act, was passed by the House last month, but it appears to be doomed in the Senate. Read More