Financial hit from Stop & Shop strike could top $100 million
Parent Ahold Delhaize issues updated financial guidance
By Russell Redman | Apr 23, 2019 -- The 11-day strike at Stop & Shop stores in New England could impact the supermarket chain’s operating profit by more than $100 million.
The Backlash Against Cashless Stores Is Growing
New Jersey legislators last week passed a bill forcing retailers to accept paper money, a move that takes aim at the growing number of restaurants and shops that are going cashless.
How shutdown exposed the lie at the heart of the anti-union ‘right-to-work’ movement
JAN 27, 2019 -- Thousands of federal employees protested at the Hart Senate Office Building in Washington, D.C., this week, holding aloft empty plates during 33 minutes of silence—one minute for each day of the government shutdown. Some plates carried the message, “Will work for pay.”
Does the Walton family earn more in a minute than Walmart workers do in a year?
The Walton family makes more money in one minute than Walmart workers do in an entire year. This is what we mean when we talk about a rigged economy.”
— Sen. Bernie Sanders (I-Vt.), in a tweet, Feb. 14, 2019
This tweet from the campaign Twitter account of Sanders, a potential 2020 presidential candidate, caught our eye. Whether this is a definition of a rigged economy is a matter of opinion, but we were curious whether his factoid was right — does the Walton family make as much money in a minute as the company’s workers make in a year?
How the government shutdown could hurt retail
By Daphne Howland, Jan. 11, 2019 -- Furloughed workers, veterans and others dependent on federal services are the real victims of the shutdown. But it's not doing anyone any favors.