Posts filed as “Retail industry”

Room service no more: why luxury is leaving the middle class behind | Helaine Olen

Hilton's pulling of room service in New York is another example of how middle income earners are losing access to life's luxuries

New York City's Hilton Hotels recently announced they would end room service this summer, offering customers instead a high-end food shop in the lobby.

That's right. For $200 a night plus taxes, you'll be expected to brown-bag it.

Think of this as one more demonstration of how services for the middle...Read more.

Room service no more: why luxury is leaving the middle class behind | Helaine Olen

Hilton's pulling of room service in New York is another example of how middle income earners are losing access to life's luxuries

New York City's Hilton Hotels recently announced they would end room service this summer, offering customers instead a high-end food shop in the lobby.

That's right. For $200 a night plus taxes, you'll be expected to brown-bag it.

Think of this as one more demonstration of how services for the middle...Read more.

American retail workers need more than $10 an hour

The more workers are earning low wages, the less likely the economy will reach escape velocity

The retail sector has been a star of recent jobs reports. May's numbers from the Department of Labor say it was responsible for adding 28,000 positions to the overall economy. It's on an upward trend – the monthly retail employment number has averaged 20,000 for the past year.

Considering one in nine Americans work in, for...Read more.

American retail workers need more than $10 an hour

The more workers are earning low wages, the less likely the economy will reach escape velocity

The retail sector has been a star of recent jobs reports. May's numbers from the Department of Labor say it was responsible for adding 28,000 positions to the overall economy. It's on an upward trend – the monthly retail employment number has averaged 20,000 for the past year.

Considering one in nine Americans work in, for...Read more.