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U S Retail Sales Pull Back Much More Than Expected In February

WASHINGTON (dpa-AFX) - After reporting a substantial increase in U.S. retail sales in the previous month, the Commerce Department released a report on Tuesday showing retail sales pulled back

The unionization campaign at Amazon: A top-down operation, with no program for workers

The unionization campaign at Amazon: A top-down operation, with no program for workers Less than two weeks of voting remain for the 5,800 Bessemer, Alabama Amazon warehouse workers who are deciding whether to accept representation by the Retail, Wholesale and Department Store Union (RWDSU). More than 3,000 workers signed cards in favor of a union election in the period leading up to the vote, which began on February 8. Workers have until March 29 to mail in their ballots, with the tally to be announced the following day. Reps Jamaal Bowman and Cori Bush at Amazon Beesemar facility. (Photo: Twitter/Cori Bush) The campaign has been heavily promoted by the Democratic Party and its media affiliates nationwide, as well as by President Biden. But very little has been said of the concrete demands of Amazon workers at the Bessemer warehouse in any fight with management. This is because, in fact, there are none.

Arvind Fashions gains on value buying

Arvind Fashions rose 2.31% to Rs 161.50 on bargain hunting after a recent slide. The stock declined 8.41% in the past five sessions to end at Rs 157.85 yesterday (15 March 2021), from its recent closing high of Rs 172.35 on 5 March 2021. In the past one year, the stock has declined by 33.65% while the benchmark Sensex has added 61.50% during the same period. On the technical front, the stock s RSI (relative strength index) stood at 52.072. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. The stock was trading above its 50-day, 100-day and 200-day daily simple moving average (SMA) placed at 155.77, 145.90 and 143.92, respectively.

Courthouse Landmark Block Redevelopment Set for County Board Vote

(Updated at 11:50 a.m.) Will the proposed development for Landmark Block in Courthouse be the site of a “revolution” in urban living? Arlington County says so. And developer Greystar Real Estate Partners appears ready to ignite this uprising, with plans to replace the aging, low-slung buildings on the 2000 block of Wilson Blvd including the former Summers Restaurant into an apartment tower surrounded by a pedestrian promenade and a curbless street. But for some Planning Commission members, aspects of the proposal are not revolutionary enough, and one could be unsafe for pedestrians. In 2015, the county published its vision for the square as an “attractive, accessible, and inclusive public space,” a sustainable 18-hour-a-day hub that celebrates Courthouse Square’s “rich history.”

Sobeys parent Empire buys controlling stake in Longo s, Grocery Gateway

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Melissa Tait/The Globe and Mail Sobeys owner Empire Company Ltd. is expanding its presence in Ontario, with a $357-million deal to buy 51 per cent of grocery store chain Longo’s and its e-commerce service, Grocery Gateway. The deal announced on Tuesday adds 36 Longo’s stores in the Greater Toronto Area and Southern Ontario to Empire’s retail portfolio. The Stellarton, N.S.-based grocer already owns banners that include Sobeys, Safeway, FreshCo, Foodland and others. It is also the second acquisition of a smaller Ontario grocer since Michael Medline was appointed Empire’s chief executive in 2017 – the following year, the company bought a majority stake in Farm Boy. Like that chain, Longo’s will continue t

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