business news in context, analysis with attitude

• Safeway reportedly has decided to discontinue its PowerPump fuel rewards program under threat of a patent infringement lawsuit by Excentus, which provides the FuelPerks reward program to retailers in the US. According to reports, Safeway is saying that customers must redeem their rewards by this Saturday, the day on which Safeway’s program will end.

Bloomberg reports that a study by software manufacturer Kronos suggests that hiring by supermarket chains, discounters and restaurant chains may be on the increase….slightly. According to the story, “Kronos analyzed the 8.9 million job applications received by 68 retailers in the first seven months of the year. In July, 2.99 of every 100 applications resulted in a hire, compared with 2.75 in January, a three-year low.”
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