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Macy's Thanksgiving Day Parade

Strike averted at Macy's flagship store with tentative deal

Hours after a midnight deadline had passed Macy's announced a tentative deal with workers, averting what could have become the first strike at its flagship Manhattan store in more than four decades.

The Retail, Wholesale and Department Store Union said Thursday that it negotiated higher wages and more affordable health care. The union declined to release further details about the four-year contract until it is approved by workers. Macy's also would not discuss specifics of the new contract.

The strike would have brought in other area Macy's stores as well. The union represents 5,000 Macy's workers in the New York City area, including 3,500 employees the flagship...

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