Consumer plans for holiday shopping include in-store and online, and more spending From Drug Store News, Sandra Levy, October 23, 2024 Total holiday retail sales are expected to grow by 3% year-over-year and online retail sales to increase by 9% year over year, per Coresight's survey. The company conducted a survey of over 3,500 U.S. consumers about their holiday shopping plans to compare spending last year The results reveal that total holiday retail sales are expected to grow by 3% year
New workplace poster required for Minnesota's minimum wage adjustments The State of Minnesota has released a new mandatory workplace poster reflecting updates to the minimum wage, effective January 1, 2025. All employers are required to display these updated posters prominently in the workplace. You can print the posters or order physical copies directly from the Department of Labor and Industry's (DLI) website using the following link: download posters. Beginning January 1, 2025,
Important update: Attorney General releases FAQ on Minnesota's price transparency (junk fee) lawOn Friday the Minnesota Attorney General sent Minnesota Retailers an FAQ document regarding the state's new price transparency law, commonly known as the "junk fee" law. This law, which will take effect on January 1, 2025, aims to provide consumers with clearer pricing by ensuring that all mandatory fees are disclosed upfront in advertised prices. The Attorney General's office mentioned to Minnesota Retailers
Minnesota Paid Leave Wage Reports Due October 31, 2024 Minnesota employers of all sizes will be required to submit their first employee wage reports to the state by October 31, 2024, as part of their obligations under the state’s Paid Leave law. The reports must include each employee’s name, Social Security number, hours worked, and wages paid for the period of July 1, 2024, through September 30, 2024. Employers will need to submit this information quarterly through the state’s Unemployment Insurance
"Manufacturing employment is growing in Northeast Minnesota." This is a statement that has not been uttered often over the last couple of decades. However, after a decade of significant decline, followed by a decade of stagnation, employment has now grown three consecutive years, building upon the modest growth that was perforated by the Pandemic Rescession. As a result, Manufacturing employment is at the highest it has been since before the Great Recession. To read more:Northeast Region / Minnesota
The 10 busiest shopping days of the 2024 holiday season From Chain Store Age, Marianne Wilson, September 17, 2024 With a shorter holiday shopping season this year due to a late Thanksgiving, retailers need to be ready for eight key dates in December — and two in November. Black Friday, Nov. 29, once again tops Sensormatic Solutions’ forecast of the top busiest shopping days of the 2024 holiday season which, due to the late Thanksgiving, has only 26 days between the holiday and Christmas Day
Labor law changes you need to know From the Minnesota Department of Labor and Industry, July 9, 2024 Employers and workers should know about updates to labor laws that might affect your workplace, including law changes that go into effect Aug. 1. Read our overview below. Personnel records. As of July 1, 2024, all workers in Minnesota can request to see their personnel or work records every six months and challenge any information they disagree with. Employers must tell new hires about