retail news in context, analysis with attitude

• The Wall Street Journal reports that "retail beef prices are widely expected to set new records in coming weeks after wholesale prices, or the amount meatpackers charge sellers for beef, hit an all-time peak this past week ... After achieving new highs for three weeks, choice-grade beef, the most common variety in the U.S., jumped to $2.1137 a pound Thursday, according to the U.S. Department of Agriculture. That level broke a decade-old record for wholesale prices set in 2003, when a case of mad-cow disease in Canada led to a spike in export demand for U.S. beef."


Reuters reports that employees at Amazon.com's German logistics center were scheduled to go on strike again this week, the second time that they've staged a walkout over what they call inadequate pay and benefits.

According to the story, "Amazon employs around 9,000 people in Germany and has come under fire from the union for refusing to implement a collective agreement on employment conditions similar to deals at other mail order and retail firms. The union is also pressing for higher basic pay and bigger supplements for night shifts."
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