Actionable news
0
All posts from Actionable news
Actionable news in URBN: Urban Outfitters, Inc.,

Urban Outfitters (URBN) Stock Gains After Terminating On-Call Scheduling

NEW YORK (TheStreet) -- Urban Outfitters (URBN - Get Report) stock is rallying 4.68% to $28.65 on Wednesday after the retailer said today that it will no longer schedule employees for on-call shifts at its North America stores, CNBC.com reports.

This action applies to its brands Anthropologie and Free People as well. The Philadelphia-based company currently operates 518 stores in North America.

In April, New York Attorney General Eric Schneiderman sent letters to 13 retailers questioning them about on-calling scheduling. Since then, Gap (GPS), Abercrombie & Fitch (ANF), Victoria's Secret and Bath & Body Works have said that they will end on-call shifts. Now, Urban Outfitters joins them.

Exclusive Look Inside: You see Jim Cramer on TV. Now, see where he invests his money. Check out his multi-million dollar portfolio and discover which stocks he is trading. Click here to see the holdings for 14-days FREE.

For employees, being called to work last minute makes it hard for them to plan for child care or...


More