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Retail Labor Shortage Concerns Deepening

PYMNTS

A good economy is good news for retailers in a variety of regards. But for retailers going into the holiday season 2016, a good economy is creating yet another headwind for physical retailers who’ve spent much of the year being buffeted constantly by market pressures. percent in August, a drop from 5.1 ”

Retail 100
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Kroger Rolls Out New Grocery Delivery Offering

PYMNTS

The offering will debut in Houston, Louisville, Nashville and Kroger’s hometown of Cincinnati, Chain Store Age reported. With the service, consumers can buy 4,500 private-label products from the retailer, which are not otherwise available online, along with 50,000 different grocery items and household products.

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Why Panera Does Its Own Delivery

PYMNTS

Current CEO Blaine Hurst was the prime mover behind Panera’s first large-scale delivery test in Louisville, Kentucky, four years ago. I said, ‘Just let me finish the Louisville test. Digital — including online pick-up and kiosk orders — makes up 31 percent of its sales, or about $1.75 It will either work, or it won’t work.

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Kroger Same-Store Sales Miss Views As It Overhauls Stores

PYMNTS

Ever since Amazon acquired Whole Foods Market , Kroger has been in reinvention mode, launching new services to match the eCommerce giant. With the service, consumers can buy 4,500 private-label products from the retailer, which are not otherwise available online, along with 50,000 different grocery items and household products.

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Amazon Tracker: By Land, Air, Sea

PYMNTS

A quick look at consensus shows that investors are largely in a buying mood at the moment, and the company’s current market sits at over $392 billion. 2 after market close. Analysts expect the online retail giant to report a 25 percent increase in fourth-quarter sales to $44.7 billion, said a Thomson Reuters survey.

Kentucky 100
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Shipping Inconsistencies Plague Nonessential eCommerce

PYMNTS

Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis. As part of the collaboration, FEMA will gain access to UPS’ central Worldport facilities in Louisville for temporary staging. And eCommerce success is dependent upon shipping. Therein lies a serious problem.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

He sensed the family’s passion and liked their idea of starting with selling milk at farmers’ markets, roadside shops and small grocery stores. In each new market opened in 2021, the community bank found an experienced ag lender who was seeking a new position. Louisville. Bunnell listened. Philadelphia. Bristol Morgan Bank.