Retail sales plummeted by a record 16.4 percent in April, according to the latest U.S. Census Bureau data, as many businesses are running on limited capacity or have fully stopped operations amid the pandemic. March retail sales were revised downward by 8.3 percent. Get the Full...
U.K. online fashion retailer Boohoo is raising as much as £200 million ($243 million) with the anticipation of using it for acquisitions in the coming months as the pandemic unfolds, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
McDonald’s Corp. has provided its restaurant owners with a 59-page dine-in reopening guide that requires everything from cleaning bathrooms every half-hour to disinfecting kiosks after every order. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As of the first of June, the nation’s largest mall — Minnesota’s Mall of America — is set to reopen its doors to the public, following Gov. Tim Walz clearing the state’s retail locations to open as of Monday of this week (May 11), provided...
The COVID-19 pandemic is prompting many Americans to consider moving from urban areas to the suburbs or rural locales – a potentially bad sign for businesses like offices and downtown restaurants. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Lines outside of Chanel in China started growing when lockdowns eased and people clamored to trade sweatpants for luxury. But now those lines are just getting longer and branching out to more countries as rumors began circulating that prices for luxury handbags were about to...
The future of dining out is looking increasingly dark these days. The ranks of high-profile restaurateurs announcing that their grand reopening will be greatly delayed seems to be swelling by the week. Get the Full Story Complete the form to unlock this article and enjoy...
Sometimes illness can have a happy ending. It’s certainly a story that resonates right now and Fast CEO Domm Holland is happy to tell it. It started a few years ago when Holland’s son was briefly hospitalized and his wife’s grandmother was visiting to help...
Consumers may not have returned to their pre-crisis shopping behaviors, but they are setting records for drinking wine. Every online wine company that reports sales has noted big spikes during the pandemic. The latest to report, Wine.com – which bills itself as the nation’s leading...
