América Retail | Homepage
Friday, April 28, 2017

La primera comunidad del retail en Latinoamérica

USA: Dollar stores seen benefiting from OT rule challenge

USA: Dollar stores seen benefiting from OT rule challenge

Noviembre 28, 2016

👤Periodista: María Alejandra Lopez 🕔28.Nov 2016

 

Credit Suisse thinks the dollar store sector could benefit if the legal challenge to extending overtime pay benefits to workers making up to $47K holds up.

“Dollar stores would have been most heavily impacted by the new overtime rule given the sheer number of stores they operate and their unique low-cost labor model,” reads the CS note.

Read AlsoRetailers launching new strategies to beat Amazon

“With only two to three employees per store typically working at any given time, store managers comprise a significant percentage of store labor and generally work heavy overtime.”

Beyond Dollar General (DG +0.6%) and Dollar Tree (DLTR +0.1%) — a list of companies that could benefit from the OT rules staying the same includes Five Below (FIVE -1.6%), Big Lots (BIG -0.5%) Fred’s (FRED-1.2%) and Ollie’s Bargain Outlet Holdings (OLLI -0.2%).

Source: Seeking Alpha 

Articulos relacionados

USA: G-III Apparel Group has violated several standard labor practices

USA: G-III Apparel Group has violated several standard labor practices

Abril 27, 2017

  G-III Apparel Group, the company that makes clothing for the Ivanka Trump brand, has violated several

Canada: Grocer Metro Inc. surprised the market again on Tuesday

Canada: Grocer Metro Inc. surprised the market again on Tuesday

Abril 27, 2017

  Grocer Metro Inc. surprised the market again on Tuesday, eking out higher than expected second-quarter

USA: Trabajadores de marca Ivanka Trump, ganan aproximadamente $62US por semana

USA: Trabajadores de marca Ivanka Trump, ganan aproximadamente $62US por semana

Abril 27, 2017

  Los trabajadores de una fábrica en la China que confeccionan prendas de vestir para la

USA: Hershey Makes ‘200 Calories or Less’ Commitment by 2022

USA: Hershey Makes ‘200 Calories or Less’ Commitment by 2022

Abril 27, 2017

  The Hershey Co. is reaffirming its commitment to choice and transparency. Through the company’s latest commitment,

USA: Starbucks is opening an enormous, super-upscale location in Chicago

USA: Starbucks is opening an enormous, super-upscale location in Chicago

Abril 27, 2017

  On Wednesday, the coffee giant announced it planned to open a four-story, 43,000-square-foot Roastery in

Últimas Noticias

Newsletter

SECTIONS

América Retail