Retail

Business • Consumer & Service
First Amazon Fresh opens Woodland Hills, in Los Angeles
First Amazon Fresh opens Woodland Hills, in Los Angeles
Credit: Amazon, Screenshot via YouTube

After an invite-only phase, the first Amazon Fresh grocery store has opened its door to the public in Woodland Hills, Los Angeles. Amazon is also introducing Dash Carts, shopping carts featuring a scale and a variety of cameras and sensors to calculate your shopping total. Echo Show stations featuring Alexa will help customers find items and products in the store.

Business • Economy
German retail: 5% increase in theft

In the German retail trade, the inventory differences have increased again. In the current study, the trade research institute EHI published a damage of €3.75 billion due to theft. If you add organizational errors such as incorrectly priced goods, the total damnages in 2019 have been around €4.4 billion. This makes for an increase of around 5% compared to 2018.

Health
CVS, Target make face masks mandatory for customers
CVS, Target make face masks mandatory for customers
Credit: Screenshot via cvshealth.com

Target and CVS announced on Thursday that they would require all customers to wear a mask or face covering when entering their stores, following other large retailers such as Walmart, Costco and Apple.

"With the recent spike in COVID-19 infections, we're joining others in taking the next step and requiring all customers to wear face coverings when entering any of our stores throughout the country effective Monday, July 20," so CVS on Twitter.

Business • Economy
German retail to face worst retraction since WWII
Stefan Genth (Middle)
Stefan Genth (Middle) Credit: Bundestagsfraktion Bündnis 90/Die Grünen (Creative Commons Attribution 2.0)

The HDE Managing Director Stefan Genth said German non-food retailers would see sales drop by around 22% this year, putting the sector on track for its worst retraction since 1945.

The Covid-19 pandemic has changed consumer behavior, with many customers going online for their shopping needs.

Genth said: “Many consumers have changed their shopping habits and retailers need to adapt.”.

Business • Economy
Big U.S. retailers stopped "hero pay" due to decline in panic buying
A supermarket checker with face mask works behind a plastic shield
A supermarket checker with face mask works behind a plastic shield Credit: Russ Allison Loar / Wikimedia Commons (Creative Commons Attribution ShareAlike 4.0)

U.S. retailers, including Amazon, Stop & Shop and Kroger, have quietly ended the pandemic-related "hero pay" for its employees. The additional payment was initially meant as a pay raise, implemented as sales surged in March due to panic buying and hoarding.

Employees have voiced criticism as they are still being exposed to the novel Coronavirus on a daily basis. Stop & Shop produce manager Eddie Quezada, who contracted the virus, pointed out that their jobs were still "very risky", adding: "We should get at least something for that."