Arrangement under which workers are required to join a particular union within a specified period of time after beginning employment. Such an arrangement differs from the closed shop in that the employer's choice of new employees is not restricted to union members. Advocates of the union shop argue that it prevents workers from enjoying the benefits of unionism without bearing their share of the costs. Union shops are uncommon in most countries, but they are both legal and common in the U.S. and Japan. In the U.S., workers in an enterprise usually choose, by majority vote, a single union to represent them, though in some states right-to-work laws prohibit requiring union membership as a condition of employment, thus forbidding both the union shop and the closed shop.
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Selling of merchandise directly to the consumer. Retailing began several thousand years ago with peddlers hawking their wares at the earliest marketplaces. It is extremely competitive, and the failure rate of retail establishments is relatively high. Price is the most important arena of competition, but other factors include convenience of location, selection and display of merchandise, attractiveness of the establishment, and reputation. The diversity of retailing is evident in the many forms it now takes, including vending machines, door-to-door and telephone sales, direct-mail marketing, the Internet, discount houses, specialty stores, department stores, supermarkets, and consumer cooperatives.
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Arrangement whereby a company employs only workers who are members in good standing of a specified labour union. It is the most rigid of the various schemes for protecting labour unions (more flexible arrangements include the union shop). Closed shops were declared illegal in the U.S. under the Taft-Hartley Act of 1947, but in practice they continue to exist in some industries, such as construction.
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Shops Cash in for Christmas as Their Mark-Up Hits 500%; A Sheet of Wrapping Paper Costs Retailers 10p and Sells for 60p
Dec 13, 1998; shopS are cashing in on the festive season by putting a mark- up of up to 500 PER CENT on Christmas goods. Traders are...