Wednesday’s business headlines
INDIANAPOLIS (WISH) – Here’s a look at Wednesday’s business headlines.
Uninsured Americans
The number of Americans without health insurance rose last year.
The Census Bureau says almost 2 million more people were without insurance.
Driving the drop was the decrease in people covered by Medicaid.
United promo
United announced a new promotion to reach the oldest members of Generation Z: travelers between the ages of 18 and 22.
Flights must be booked through the airline’s mobile app; passengers have to be members of the loyalty program; and discounts are available only for economy or the no-frills class known as “basic economy.”
Kroger
Some Kroger stores will soon put plant-based meat alternatives in the conventional meat department.
The experiment is with the plant-based food association and how it will measure meat and plant-based products sales are impacted by product placement.
Plant-based companies like Beyond Meat have argued their products should go in the meat aisle.
Gamestop
Gamestop is closing 180-200 stores for good.
Sales at Gamestop were down 14% during the company’s fiscal, the Hollywood Reporter says.
It has been hit hard by online competitors.