JCPenney’s June Sales Growth Slows Vs. Year-Ago

July 6, 2006

Comparable store sales for Penney’s increased 4.3 percent, as compared to a 7.4 percent gain in last year’s June period, while the company’s direct sales were up 6 percent vs. 9.1 percent a year ago. Internet sales rose 27 percent vs. 40 percent last year.

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Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.