business news in context, analysis with attitude

•  Schnuck Markets announced that "following a successful launch in its hometown area of St. Louis, Missouri," the company is "expanding its 'Flexforce' employment option to additional locations in Illinois, Indiana and Missouri (complete list below). Schnucks Flexforce teammates can optimize their work schedules by selecting shifts and store locations that best fit their personal schedules while creating opportunities for growth and learning at a pace determined by the teammate.

"Flexforce teammates are able to log into a Schnucks scheduling app to view and claim open shifts and, if they choose, can also opt-in to receive notifications of open shifts."

•  From the Wall Street Journal:

"The Food and Drug Administration is studying whether legal cannabis is safe in food or supplements and plans to make recommendations for how to regulate the growing number of cannabis-derived products in the coming months, agency officials said.

"'Given what we know about the safety of CBD so far, it raises concerns for FDA about whether these existing regulatory pathways for food and dietary supplements are appropriate for this substance,' said FDA Principal Deputy Commissioner Janet Woodcock, who has led the agency’s efforts looking at cannabis regulation.

"Patrick Cournoyer, who heads the FDA office developing the agency’s cannabis strategy, said the agency wants to know whether CBD can be safely eaten every day for a long period or during pregnancy, for example. He pointed to concerns about future fertility."

•  Axios reports that Macy's has confirmed "that it will shutter more stores in 2023 as part of its Polaris transformation strategy, which was first announced in 2020.

"Four Macy's locations at shopping malls are slated to close, the company told Axios.  A clearance sale will begin in January and run for approximately eight to 12 weeks."

According to the story, "Neil Saunders, managing director of GlobalData, told Axios that much of 'the heavy lifting in closures has been completed over the past couple of years and much of the dead wood has been cut out.'

"'What we are seeing now is more an opportunistic and gentle pruning,' Saunders said of the new closings list. 'That said, I fully expect there to be more closures this year and in the years ahead as Macy’s still has a lot of sub-optimal stores that will probably perform badly as the consumer economy tightens'."