Amazon said workers can earn an average pay of $19 per hour, based on their position and location within the U.S.
for frontline workers by a dollar, a move aimed towards attracting more employees in a tight labor market. It also said it would make changes so employees can get paid more frequently than one or twice a month.
Salesforce, which analyzes online shopping data, forecasts digital sales to reach $265 billion in the U.S. in November and December. That means holiday sales will remain essentially flat compared to last year, bumping up only 3%, despite a strong showing compared to pre-pandemic levels, Salesforce said. Analysts note higher prices could also lead to fewer total orders. And the current inflation rate of 8.3% means retailers would see a decrease in real sales.
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