retail news in context, analysis with attitude

Reuters reports that the US Supreme Court has agreed to hear Tyson Foods' appeal of a $5.8 million judgment in a case where some of its Iowa employees successfully sued "claiming they were entitled to overtime pay and damages because they were not paid for the time spent putting on and taking off protective equipment and walking to work stations."

According to the story, "the court will consider the company's objection to the use of statistics to determine damages instead of assessing individual damages for each plaintiff. Business groups, including the U.S. Chamber of Commerce and the National Association of Manufacturers, had asked the Supreme Court to take the case."

• The Chicago Tribune reports that Walgreen is on the defensive over its decision last month to dump the inventory of a closed Wyoming store in a landfill rather than donate it to charity.

The store apparently had been closed for more than a year because of safety issues related to a landslide. Walgreen says that it was not confident in the safety and efficacy of the products that had been sitting inside the store for all that time, and so decided to dump the products. Critics, however, say that items like paper towels, toilet paper, toys and cleaning suppliers should not have been dumped.

• According to the National Retail Federation (NRF) 2015 Father's Day Spending Survey, total spending on dad this year is likely to hit about $12.7 billion. "The average person will spend $115.57 on gifts, nearly even with last year’s $113.80. The survey found 75.4 percent of Americans said they plan to celebrate Father’s Day."
KC's View: