Thu.Jan 09, 2025

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2025 Trends in Retail, Franchising, and the Gig Economy

AllBusiness.com

The holiday shopping season was successful for U.S. retailers. A preliminary report from Mastercard SpendingPulse shows that 2024 holiday sales increased 3.8% over 2023’s holiday season. There’s every reason to believe American consumers will continue spending this year while still searching for value. And more shoppers are opting to shop online: online retail sales rose 6.7%, while in-store sales were up 2.9%.

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How Hourly Workers Differ From Salaried Workers

Scott Greenberg

When it comes to managing employees, one size does not fit all. Just as businesses tailor their product lines and marketing strategies to meet the needs of specific consumer segments, managers must adapt their leadership approaches to effectively engage the segment of the labor market they employ. Nowhere is this more critical than in understanding the distinct differences between hourly and salaried workers.