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NRF forecasts lowest peak season since 2014

Dive Brief: Import levels at U.S. ports, which have dropped significantly across the country as a result of the pandemic, are expected to remain lower than last year heading into the fall, according to a new forecast from the Global Port Tracker published by the National Retail Federation (NRF) and Hackett Associates. “Economic indicators show …

NRF forecasts lowest peak season since 2014Read More

John Lewis staff bonus hits lowest level for 67 years | Business

John Lewis and Waitrose staff are to receive a bonus of only 2%, their lowest payout in 67 years after the company reported a 23% fall in profits. The John Lewis Partnership, which is owned by its staff through a trust, said profits fell to £123m in the year to 25 January, its third consecutive …

John Lewis staff bonus hits lowest level for 67 years | BusinessRead More

Waitrose staff to get lowest bonus in 67 years as profits fall | Business

John Lewis and Waitrose staff are to receive their lowest bonus in 67 years – if they get one at all – as the company is expected to reveal its third consecutive drop in annual profits. The independent retail analyst Nick Bubb predicted the John Lewis Partnership will on Thursday announce a bonus worth 2% …

Waitrose staff to get lowest bonus in 67 years as profits fall | BusinessRead More

Franchising growth could fall to lowest rate in four years

McDonald’s worker prepares french fries to go. Getty Images America’s franchisees are poised for another year of growth in 2020 as the U.S. economy chugs along, bolstered by a strong consumer. But facing an election year and a historically tight jobs market, franchise establishment growth is slowing to its lowest rate in the past four …

Franchising growth could fall to lowest rate in four yearsRead More