• On August 31, sustainable shoe maker Allbirds said that they have lost money since the start and expect to be unprofitable in the foreseeable future as they file for an initial public offering
• Allbirds is hoping to cash in on increasing demand, especially among younger shoppers, for products that are sustainably sourced

Worker wages at Walgreens to increase by November 2022

• Walgreens Boot Alliance plans to raise wages for their hourly workers to $15 per hour by November 2022
• The pay increases are reported to start this October and Walgreens said it will cost $450 million over the next three years to increase its pay

National Restaurant Association find hiring increasingly challenging 

• The National Restaurant Association projects restaurant and food service industry sales will jump nearly 20% to $789 billion this year, from $659 billion in 2020
• The estimate is still far below pre-pandemic sales of $864 billion
• Labor challenges have intensified this year, according to restaurant owners. They also are concerned about rising food costs and the potential for the Covid delta variant to stall recovery

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