Largely due to theft, inventory shrinkage
 
Supermarket News Daily

MAY 19, 2023

Podcast: Grocery is hard. AI and ChatGPT can help.

Instacart has jumped on board. And grocers are following suit. AI technology (and ChatGPT) isn’t going anywhere anytime soon.

TAKE A LISTEN

Advertisement

Target CEO: Theft issues are cutting into profits

Company head Brian Cornell said more needs to be done to prevent theft at Target.

READ MORE

Walgreens will pay $230M settlement in San Francisco opioid case

Judge accused the retailer of having a “fill, fill, fill” culture.

READ MORE

CVS to pay $6M in prescription settlement

The pharmacy giant is "pleased" to resolve the matter.

READ MORE

Walmart confident after strong Q1 earnings

Like Target, retailer seeing more grocery sales during hard economic times.

READ MORE

Organic food sales reach past $60B

The latest Organic Trade Association survey shows that even as sales growth slows, consumers increasingly value organic products’ health and environmental benefits.

READ MORE

SN parent company Informa acquires Winsight

Combined B2B services group will be the global leader providing information, events, and market intelligence to the restaurant and food industries.

READ MORE

This will age well

Circle K is starting with a private-label wine line in 3,000 U.S. stores.

READ MORE

SEAL of approval

Kroger wins sustainability award.

READ MORE

Grow your online sales 78% annually? Yes, please.

Medford County Market has grown ecommerce sales by an average of 11% per year, and online sales have grown an average of 78%.

READ MORE

Tell us what you think ...

Happy Friday. Here are the results of this week's SN poll.

Instacart has just settled a case for $46.5 million after the delivery giant was accused of paying California workers as if they were independent contractors between 2015 and 2020.

We asked:

Should Instacart's workers be considered full-time employees or contractors?

And you answered:
 
These are flexible contractors (75%)
Clearly full-time workers (23%)
Other (2%)

You also said:
John Marshall, CFA, Capital Strategies Director
The reality is 1) the majority of food retail workers are both "part-time" AND W-2 employees, and 2) the majority of the "hours" worked on management platforms like Instacart and DoorDash are performed by workers who are "required" to work significant hours, accept a large majority of assignments and comply with a host of other top-down mandates a true independent contractor would never have to put up with in order to be permitted to access the scheduling "flexibility" these companies brag about. These platform workers work hours that are comparable to the W-2 workers in the same industry, and are often doing the same jobs. And that's what the court case demonstrated.
--
Have another thought? Weigh in on our LinkedIn poll   here, or email the  SN staff at   contactus@supermarketnews.com.  Have a great weekend.

WHAT DO YOU THINK?