Good Week: Facebook – COO Sheryl Sandberg announced that the social-media goliath will expand its paid leave policy to grant employees up to 20 days of bereavement leave in the event of a family member’s death, six weeks of paid leave to care for a sick family member and three days of paid family sick time to help out with a short-term illness. Like.
Bad Week: Nordstrom – Having just endured threatened boycotts from groups protesting it for carrying Ivanka Trump apparel, the high-end retailer now faces boycotts from those who are angry that it dropped the line. Nordstrom stock dropped after the uninvited attention from the White House, but rebounded. Clowns to the left of me, jokers to the right.
Worse Week: Whole Foods – Despite the growing popularity of organic foods among U.S. consumers, the Austin-based grocery chain is wilting like week-old lettuce, having announced its sixth consecutive quarter of dwindling same-store sales and plans to shutter nine stores: the most it’s ever closed at one time.
