retail news in context, analysis with attitude

•  The Wall Street Journal reports that "discount supermarket chain Aldi aims to hire more than 20,000 workers in the U.S. this year as its network grows and as it prepares for holiday shopping, the company said Monday.

"Jobs that Aldi is hiring for include cashiers, stockers and associates at its more than 2,100 American stores and its 25 warehouses. The company will be drawing from a tight U.S. labor market in which openings have recently exceeded the number of people looking for work.

"Against that backdrop, wages have been rising, including for low-skilled workers. Following a recent internal wage rise at Aldi, workers in the new positions will earn a national average of $15 an hour for store jobs and $19 an hour for warehouse jobs, the company said. The jobs come with healthcare and retirement plans and paid time off, Aldi said."

•  There tend to be a lot of stories here on MNB about adapting to new realities … which is exactly what the Boston Globe is talking about in a piece about how Procter & Gamble-owned Gillette is adapting to a world in which razors have lost a little bit of their usefulness.

"It’s safe to say beards were among the winners of the COVID-19 era," the Globe writes.  "Now, with life gradually returning to normal, the world’s largest shaving company is trying to figure out what men’s faces will look like going forward.

"Gillette, with its World Shaving Headquarters in South Boston, has come to embrace the beard … In a well-timed move last year, Gillette released a new line of men’s grooming products named after the company’s founder, King C. Gillette, which includes a line of beard oils and balms. It’s one of many ways the shaving giant is now aiming to reposition itself."

"We’re no longer a wet shave business,” says P&G CEO David Taylor.  "We’re truly a grooming business."