California businesses could take a profits hit with self-checkout elimination
Under the mandate, the state would need over 10K additional cashiers
By Daniella Genovese FOXBusiness
Brick-and-mortar retailers are 'taking it on the chin': David Nicholas
President and founder of Nicholas Wealth Management David Nicholas says the U.S. consumer is 'singlehandedly carrying the global economy on its back' in spite of inflation on 'Varney & Co.'
California businesses are at risk of taking another financial hit, according to industry experts. This time, it's because of a proposed bill that's aimed at eliminating self-checkout.
The goal of Senate Bill 1446 is to eliminate theft, which has been tied in part to self-checkout stations, but industry experts argue this bill could pile on significant costs for business owners.
According to a summary of the proposed legislation, if passed, grocery or retail drug establishments would be prohibited from providing a self-service checkout option for customers unless specified conditions are met.
https://www.foxbusiness.com/lifestyle/california-businesses-could-take-profits-hit-self-checkout-elimination