US retailers hit back at contractor rule
The largest US retail trade association opposes the government's rule on worker classification as independent contractors.
11 January 2024
11 January 2024
The largest US retail trade association opposes the government's rule on worker classification as independent contractors.
The company's new £500m warehouse began operations at the end of 2023.
The retailer’s net sales and other revenue during the quarter increased to $18.6bn.
Insights of a retail landscape marked by resilience, budget-conscious choices, and the evolving preferences shaping the industry's future.
The CPI growth was led by significant rises in costs including those for housing, food and non-alcoholic beverages.
2023 was the eleventh successive year the UK music, video, and games markets increased, signalling a healthy start for 2024.
BRC data reveals that performance fell below the period's three-month average growth of 2.3%.
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While AI has been used by retailers for some time for tasks such as inventory management and forecasting, GlobalData expects its implementation to accelerate in the coming years, especially in areas such as personalized marketing, customer service, price optimization and supply chain management.
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