Orchard Supply Dividend Plan Raises Eyebrows

November 30, 2005

Carol Levenson, an analyst with Gimme Credit research service, calls Orchard Supply’s dividend plan, “a smoke and mirrors financial transaction…that disadvantages current unsecured Sears bond holders.”

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.