Macy's Flagship Store Employees Threaten First Macy's Strike in Over Forty Years

Macy's Inc M flagship store in New York City demand a contract by midnight or they will strike, according to ABC News. At issue are:

• Healthcare costs

Unpredictable schedules
Liberal return policies

The return policies are an area of contention because sales returns are credited against commission-dependent employees pay. The company has become more lax in their acceptance of returns as a response to the rise in online shopping. Employees at other Macy’s stores are rumored to be joining in.

Macy’s shares seemed altogether unaffected, trading up almost 2 percent at $31.92 just before Wednesday’s close.