Business

Thursday’s business headlines

INDIANAPOLIS (WISH) — Here’s a look at Thursday’s business headlines with Jane King.

Americans delaying or canceling retirement plans

A new report says we should be putting more money into retirement.

PWC says one in four Americans have no retirement savings and those who are saving aren’t putting away enough to cover costs in retirement.

Amazon employees expected back in offices

Amazon wants workers to trickle back into their corporate offices over the summer.

The timeline for returning to different offices will vary by infection and vaccination rates, according to a company memo.

Amazon has about 800,000 employees in the U.S.

Kroger looking to grow

Kroger says it will grow through a number of strategies, including fresh food sales increases, accelerating digital, which the company says is now a growth engine, and wider competitive moats, such as continued innovation in its private label our brands.

COVID-19 drove a surge in online grocery, with competitor Albertsons announcing that it has partnered with Google on a number of digital initiatives.

Delta to resume selling middle seats

Delta Air Lines, the last remaining U.S. airline to keep middle seats unbooked, has lifted that prohibition as of May 1.

It is another sign of a rebound in demand for air travel and greater willingness of people to resume pre-pandemic activities.

The CEO says as vaccinations become more widespread, consumer demand and behaviors show us that confidence in travel is on the rise and customers are ready to reclaim their lives.

Fruit influencers

The Sumo Citrus is a hot seller due to buzz from Instagram influencers, and placed splashy magazine ads and targeted billboards to attract consumers.

Over the past year, consumers spent nearly $62 million on Sumo Citrus fruits, according to Nielsen, still a small sliver of the $2.1 billion mandarin market.

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