Bloomingdale market stock

Author: Alorian Date: 04.07.2017

The department store will no longer require sales clerks to prepare online orders for in-store pickups, and managers cannot ask workers to leave their departments if it could cause them to lose a sale, according to the Retail, Wholesale and Department Store Union, which is representing the Bloomingdale's employees.

Members of the union say the deal will help ameliorate wages lost to online shopping.

bloomingdale market stock

The union covers 2, workers at Bloomingdale's flagship location and administrative headquarters. Its most recent contract with the company, signed in , expired Monday. Chelsea Connor, the union's spokeswoman, had said a strike was on the table. The new four-year deal also stipulates that some workers will now be paid hourly wages, instead of on a commission structure.

General wage increases and a higher percentage of company funding for medical and sick day benefits are also included, according to the union. Additionally, workers who owed money to the company because they had missed sales targets will essentially have their debts nullified, the union said.

Online orders are likely to be an ongoing issue.

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

Bloomingdale's said store employees will still need to "complete sales-related duties such as fulfillment" when they aren't with customers or on the phone. Connor, in response, said that the contract's language does not mandate online order fulfillment.

Salaire horaire de Stock chez Bloomingdale's | cilywadojup.web.fc2.com

Stores are closing at an epic pace. Initially, store clerks demanded that their pay packages include commission on sales that in-store shoppers later placed online. Bloomingdale's had 55 stores as of January, according to the latest filing by parent company Macy's M. Retailers cut tens of thousands of jobs. Macy's has been struggling to deal with declining foot traffic at its brick-and-mortar stores, facilitated by the online shopping boom and Amazon's growing apparel sales.

The company said in January that it's shutting down 68 stores and cutting more than 10, jobs -- part of efforts to close stores announced last August. Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.

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