Retail News & Headlines
August 04, 2021
Top stories in retail news and the business headlines that interest us today.
Shipping Container Crisis
“It’s the lament of U.S. toy manufacturers, large and small: All I want for Christmas is shipping containers.
Toy makers currently are playing a high stakes game in which they have to outbid and outmaneuver competitors for shipping containers to get their goods from overseas factories to U.S consumers in time for the holiday season.
In July, the time when toy companies typically start shipping their holiday toys to retailers, prices for shipping containers increased by as much as 500%, according to industry group The Toy Association.”
Amazon Wants Your Palm Print
“While the idea of contactlessly scanning your palm print to pay for goods during a pandemic might seem like a novel idea, it’s one to be met with caution and skepticism given Amazon’s past efforts in developing biometric technology. Amazon’s controversial facial recognition technology, which it historically sold to police and law enforcement, was the subject of lawsuits that allege the company violated state laws that bar the use of personal biometric data without permission.”
Retail Workers to Wear Masks Again
Business Insider — Walmart, Target, and other retailers are forcing workers to wear masks again even if they’re vaccinated — see the full list
“In the most recent guidelines, the CDC is once again recommending everyone wear face coverings indoors, even if they are vaccinated, in certain areas as the contagious Delta various spreads across the US.
Now some retailers are reinstating mask requirements that were lifted earlier this year. Here’s the list so far.”
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