Retailers Adapt to Economic Conditions

February 28, 2008

Chains such as J.C. Penney, Macy’s, Neiman Marcus and Target are trimming inventory, slowing store openings and engaging in a number of other moves to remain profitable even as consumers cut back on their purchases.

Recent News

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.