Bloomingdales stock market status

Posted: Kilimersh Date: 24.06.2017

M stock quote - Macy's Inc Common Stock price - ylugudivalul.web.fc2.com

The department store's employees and the union that represents them are in a standoff with the company over how workers are paid, paving the way for the possible strike.

The issue is online sales.

When customers who hunt for products in stores with the help of an associate decide instead to later buy the items online for cheaper, the union says it hurts employees who work on commission.

Workers are demanding that their pay packages include commission on sales that in-store shoppers later place online. It's not clear how Bloomingdale's would be able to track those purchases. The union covers 2, workers at the flagship location and at the company's administrative headquarters in New York.

Their most recent agreement was signed in The workers have already staged protests outside the Bloomingdale's in New York City. Earlier this month, company spokeswoman Anne Keating told CNNMoney that Bloomingdale's is trying to reach a "fair and reasonable" agreement. Connor also said that most workers are paid entirely on commission, but Bloomingdale's has said this is "totally wrong.

The contracts expire at midnight, so the two sides are in a race against the clock to come to an agreement. The union members also have to vote to approve a deal -- or the decision to strike, depending on how negotiations fare. The union posted photos on Twitter at around noon Sunday of a half-empty conference room, saying, "so far no company at the table.

T hours till Bloomingdales contract expires and so far no company at the table. RWDSU local3 is ready to negotiate a fair contract.

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Workers at Bloomingdale's flagship store narrowly avoid a strike - May. 1,

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M:New York Stock Quote - Macy's Inc - Bloomberg Markets

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bloomingdales stock market status

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bloomingdales stock market status

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