Tag: retail

Labor Board Orders New Union Election at Amazon Warehouse

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Amazon warehouse in Maryland

The National Labor Relations Board (NLRB) ordered a new unionization election at an Amazon warehouse in Alabama, ruling that the company violated federal labor law during the first election.

“Today’s decision confirms what we were saying all along – that Amazon’s intimidation and interference prevented workers from having a fair say in whether they wanted a union in their workplace – and as the Regional Director has indicated, that is both unacceptable and illegal,” Retail, Wholesale and Department Store Union (RWDSU) President Stuart Appelbaum said in a statement Monday.

“Amazon workers deserve to have a voice at work, which can only come from a union,” he continued.

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Retail Sales Beat Expectations Amid Surging Inflation

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Woman shopping in a department store

U.S. retail sales increased in September, beating expectations amid growing inflation and supply chain disruptions, the U.S. Census Bureau reported Friday.

Retail sales increased 0.7% in September, beating experts’ estimates of 0.2%, according to the Census Bureau report.  The number rose 0.8%, excluding auto sales, beating the 0.5% forecast.

Sales were up 13.9% compared to September 2020, and they increased 15.6% compared to September 2020, excluding auto sales, according to the Census Bureau.

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National Retail Chains, Restaurants Flee New York

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The New York Times reports that national retailers and restaurant chains such as J.C. Penney, Neiman Marcus, Le Pain Quotidien, and Subway are permanently closing locations in New York City in response to Mayor Bill de Blasio’s management of the coronavirus pandemic, which has led to a “mass exodus” of residents and businesses.

Business leaders warn that the city is facing a crisis of “historic proportions,” according to the Times.

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Brooks Brothers Files for Bankruptcy After 202 Years of Business

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Brooks Brothers, one of the United States’ oldest and most prestigious retailers, filed for Chapter 11 bankruptcy Wednesday after 202 years, CNBC reported.

The retailer, credited with dressing 40 U.S. presidents since its founding in 1818, had already been burdened with rising rent when it was devastated by the coronavirus pandemic, which sunk the company’s potential sale, according to CNBC.

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May Retail Sales Jumped 17.7 Percent, Double the Forecast As States Came Out of a Lockdown-Induced Hibernation

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Retail sales rebounded in May as states eased coronavirus-induced lockdown measures, allowing retail stores to regain more ground than analysts expected, according to Department of Commerce data.

Retail sales jumped 17.7% in May, effectively doubling expectations and marking the biggest single-month gain in records going back more than 20 years, according to a Commerce Department report released Tuesday. A Bloomberg News survey of economists had anticipated 8.4% increase in retail sales in May as COVID-19-related measures melted away following a 14% decline in April.

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Tennessee Lifts Restaurants and Retail Capacity Restrictions

Zachery Schmidt

Gov. Bill Lee announced Friday that Tennessee is lifting its capacity restrictions for restaurants and retail on May 22.

“Tennesseans have worked incredibly hard to do their part and help slow the spread of COVID-19 so that our state can begin to reopen. Thanks to their continued efforts, we’re able to allow restaurants and retail businesses to operate at greater capacity and large attractions to open in a safe and thoughtful way,” Lee said.

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