Monday, July 30, 2012

What We're Reading Today: Monday, July 30th

A big last few days for Supervalu, they fired their CEO Craig Herket today, replacing him with Wayne Sales.  A few days prior a federal judge denied class-action status to retailers pursuing antitrust litigation against Supervalu and C&S Wholesale grocers after a 2003 asset swap.

In honor of the July 24th marking the last time the federal minimum wage was raised three-years ago, AlterNet looks at 7 big corporations raking in massive profits while paying their workers peanuts.   Walmart rakes in at number 2.

And here's 5 good reasons why raising the minimum wage is good for you and me.

Whole Foods says their decision to open in smaller cities is paying off.

More warehouse violations at Walmart, but there's no pattern of that.

ROC wants to know: Do you eat ethically? Take a look behind the kitchen door.

The legal battle that may halt Walmart from expanding in Burbank, California will go to trial Aug. 17.

Zellers will close at least 64 stores, after Target purchased the Canadian retailer.  The move is expected to lay-off 6,400 workers.  The Canadian UFCW President said in a release, Target shows the same disregard for retailer workers as Walmart.  We agree.

Rite Aid workers in SoCal are positioned to strike after rejecting the companies latest contract proposal.  The UFCW members voted to authorize a strike.

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