Ups and Downs in Retail: How the Industry Fares



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The crown crisis helped some companies achieve record sales, while others suffered. On Wednesday night they agreed to a 1.5 percent salary increase. Can the Christmas business save a difficult year?

In times of crisis, people come closer. That certainly applies to the social partners. In trade, salary negotiators reached an agreement on Wednesday after eleven o’clock on the first day: the salaries of the 415,000 employees and the apprentice compensation of the 18,000 trainees will increase by 1.5 percent as of 1 January 2021.

However, the union-required crown employee bonus is not part of the new collective agreement. However, the social partners agreed on an invitation to companies that can afford to pay a bonus of 150 euros. The union had campaigned in advance for a bonus for the “maintainers of the system”, who were widely applauded during the crisis, but business representatives said there was little to distribute.

How is the situation in the industry that has come to the fore in the crown crisis? An overview.

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