Workers Authorize Strike at Bloomingdale’s NYC Flagship
New York City Workers have authorized a strike at Bloomingdale’s Manhattan store, which could lead to the first shutdown at the famed flagship in more than four decades, according to the Associated Press.
A spokeswoman for the Retail, Wholesale and Department Store Union said talks were continuing, but the 2,000 workers at the store have authorized a walkout if a contract dispute is not resolved by Thursday.
Bloomingdale’s spokesman David Ender said negotiations have been “mutually respectful,” and that the company expects an agreement before the contract expires Wednesday evening.
Union spokeswoman Carolyn Daly said the union and management are split over health-care coverage and raises, the report said. Negotiations began in February, and the contract was extended until Thursday. Daly said no date has been set for a walkout.
The walkout would affect only Bloomingdale’s 59th Street store.
Sharper Image agrees to sell company
SAN FRANCISCO Sharper Image reported that it has decided to pursue a sale of its business and assets pursuant to the provisions of the bankruptcy code and will solicit indications of interest from potential acquirers.
The company notified interested parties that any sale will be subject to approval of the bankruptcy court having jurisdiction of the company’s chapter 11 case.
The company said it intends to complete the sale process and seek approval of the sale by the bankruptcy court by the end of May 2008.
Robert Conway, ceo, said that “given the present retail climate and specialty nature of the company, as well as the limited financing available to the company, a sale of its business and assets at this time will preserve values and yield the best recovery to the company.”
Supervalu offers incentives for rebate use
MINNEAPOLIS Supervalu is encouraging customers to spend their stimulus or tax refund checks in its stores by offering gift cards in $300 increments with an extra $30 added to each card. The offer is available May 2 through July 31, at all Supervalu stores.
“We recognize that in today’s economy, consumers’ budgets are strained,” said Jeff Noddle, Supervalu chairman and ceo. “At the same time, however, they still want to feed their families fresh and healthy meals, affordably. We’re always looking for ways to help our shoppers stretch their food dollars even further, and this is a program that we hope can help them achieve that.”