Retail - wages

Lidl Raises Pay For British Workers

The British arm of German supermarket group Lidl will next year increase wages for thousands of workers by 2.9% to 3.4%, continuing to pay them at an hourl...

Acceleration In Wage Growth Likely To Benefit UK Retailers: AJ Bell

Investment and stockbroking firm AJ Bell has sad that while an acceleration in wage growth for UK workers might ‘put the Bank of England on a state o...

Walmart's Wage Hike Would Represent Just Five Hours Of Sales

Walmart jolted the retail industry Thursday by raising its US starting pay to $11 an hour, a roughly 10% gain from the current level. But what does that...

Retail Pay On The Increase In UK, BRC Finds

The average hourly pay in the UK retail sector is up 4.6% in 2017, according to the British Retail Consortium’s analysis of the recent ONS Annual Sur...

UK Retail Sales Fall More Than Forecast As Squeeze Hits

UK retail sales plunged in May for the second time in three months as rising inflation ate into the purchasing power of consumers. The volume of goods s...

UK Squeeze Tightens As Wages Grow At Slowest Pace In Two Years

The squeeze on UK households intensified in the three months through April as wage growth lagged further behind inflation. Average earnings rose 1.7%, t...

Tesco To Raise Pay For Store Staff As UK Living Wage Looms

Tesco, the UK's biggest private-sector employer, will increase the minimum hourly rate of pay for its in-store staff this year, following moves by competit...

Increased Wages Force Walmart To Shrink Profit Forecast

Walmart has reduced its 2015 profit forecast, citing increased wages, currency exchange-rate changes, and added competition as reasons which necessitate th...

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