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Study: Automation puts millions of U.S. retail jobs at risk
Automation may be mission-critical to operational longevity in the retail industry, but it could be creating a significant pool of “stranded workers.” Six million to 7.5 million retail jobs likely will be automated out of existence in the coming years, leaving a large portion of the retail workforce at risk of becoming “stranded workers.” Retail cashiers are at highest risk for automation technologies, and women hold 73% of these positions. -
NRF: Consumption tax system would cause retail spending, jobs to fall
The National Retail Federation continues to lead the charge against the consumption tax and the proposed border adjustment tax. The NRF on Thursday today urged Congress to focus on updating the existing federal income tax system rather than moving toward a consumption tax. Under either approach, Congress should reject a proposed $1 trillion border adjustment tax that would drive up prices for consumers and cost the economy jobs, NRF said.

