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-0.000343312276847098 -0.000343312276847098 0.00119472672342748 0.0020873386432299 0.00370777258994776 0.00230019225487489 0.00501922548750339 0.00501922548750339
Stock impact report

California bill could remove self-checkout lanes at grocers, certain retailers [FOX Business Network]

Five Below, Inc. (FIVE) 
Last five below, inc. earnings: 3/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fivebelow.com/investor-relations
A newly proposed bill in California could ban grocery stores and certain retailers from offering self-checkout options for customers in an effort to cut down on theft. Senate Bill 1446 would "prohibit a grocery or retail drug establishment from providing a self-service checkout option for customers unless specified conditions are met," according to a summary of the proposed legislation. Some of these conditions are that no more than two self-service checkout stations can be monitored by any one employee and the employee has to be relieved of all other duties, according to the bill summary. It would also make grocers and certain retailers assess the potential impact of using certain artifical intelligence or other technology that "significantly affects the essential job functions of its employees" or completely eliminates their jobs. Democratic state Sen. Lola Smallwood-Cuevas, who introduced the bill, said self-checkout machines cause 16 times more losses compared to check-ou Show less Read more
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