Industry: Retail
Sept. 2, 2015
The cost of that wage increase has been estimated at more than $1 billion, and it seems as though the retailer is offsetting that cost with cuts to employee hours. The reductions began weeks ago, during the busy back-to-school shopping period.
Aug. 17, 2015
Business groups opposed the bill, arguing that it would force a company to keep its predecessor's employees and adhere to contracts that the new owner did not negotiate. The California Chamber of Commerce labeled the measure, AB 359, a “job killer.”
June 30, 2015
. . . use of the chargers is included in the price of a Tesla, and advertised as being “free for life.” While many of its rivals spend big money on advertising, Tesla has invested millions of dollars in charging stations meant to be an extra incentive for buyers to consider its pricey electric car.
June 17, 2015
The shops and the two manufacturing facilities that serve them will close by the end of September.
June 15, 2015
Clothing giant Gap, Inc. (NYSE: GPS) will lay off 250 workers at its San Francisco headquarters and shutter 175 stores, the company said Monday.
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