The right way to treat workers during a pandemic

sellkatsell44

Well-Known Member


Lululemon announced Thursday that it will be paying all its workers through June 1, whether or not its stores reopen before then, amid the coronavirus pandemic.

Lululemon also has paid all its April rent to landlords. A hotly debated topic in the industry has been which retailers and restaurants will not be able to send in those rent checks.
 

TemptingFate

Well-Known Member
Uber would never give us cash but they could grant us stock options. That would improve morale and loyalty while costing Uber less than cash. They will still never do it.
 

mbd

Well-Known Member


Lululemon announced Thursday that it will be paying all its workers through June 1, whether or not its stores reopen before then, amid the coronavirus pandemic.

Lululemon also has paid all its April rent to landlords. A hotly debated topic in the industry has been which retailers and restaurants will not be able to send in those rent checks.
Most of their stores in highend neighborhoods.. high gross profit and clients will do online ordering
Macy and JC Penney way different story.
Lulu customers don’t go to JC Penney...elite crowd with high sun glasses wearing habit.
From the back look very hot, but it will flame out fast, as the person gets nearer.
If the CEO had to run JC Penney, he will not do the same move. They have high debt also.( JC Penney and others)
 

sellkatsell44

Well-Known Member
Most of their stores in highend neighborhoods.. high gross profit and clients will do online ordering
Macy and JC Penney way different story.
Lulu customers don’t go to JC Penney...elite crowd with high sun glasses wearing habit.
From the back look very hot, but it will flame out fast, as the person gets nearer.
If the CEO had to run JC Penney, he will not do the same move. They have high debt also.( JC Penney and others)
Right but they also create products that are ridiculously marked up and are good at selling it.

The idea is to celebrate brands that make $$ from the rich and treats it’s retail employees well (no matter how la de da) that at the end of the day, are still retail employees.

and you don’t need even a hs degree to work retail.
 

mbd

Well-Known Member
Right but they also create products that are ridiculously marked up and are good at selling it.

The idea is to celebrate brands that make $$ from the rich and treats it’s retail employees well (no matter how la de da) that at the end of the day, are still retail employees.

and you don’t need even a hs degree to work retail.
High gross margin ..JC Penney can’t do that .:smiles:
 
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