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Gold’s Gym Files For Chapter 11 Bankruptcy

Gold’s Gym Files For Chapter 11 Bankruptcy
Gold’s Gym Files For Chapter 11 Bankruptcy
May 05, 2020  |  Retail

Gold’s Gym International Inc. filed for Chapter 11 bankruptcy protection on Tuesday (May 5), citing financial disruptions created by the COVID-19 pandemic, per a company...

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SEC Offers SMB COVID-19 Relief With Temporary Crowdfunding Rules
SEC Offers SMB COVID-19 Relief With Temporary Crowdfunding Rules
May 05, 2020  |  B2B Payments

To allow for faster crowdfunding offerings, the U.S. Securities and Exchange Commission (SEC) unveiled temporary, conditional relief for “established smaller companies” impacted by COVID-19. The...

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Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
May 05, 2020  |  Retail

Online retail giant Wayfair saw its sales surge in the first quarter of 2020, even while its net loss grew. The increase in sales figures...

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Marriott Takes In $920M Via Credit Card Deals Amid COVID-19
Marriott Takes In $920M Via Credit Card Deals Amid COVID-19
May 05, 2020  |  Retail

As it weathers a lull in travel because of COVID-19, Marriott International Inc. has taken in $920 million in cash via arrangements with co-branded credit...

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Restaurants Warn Of Higher Prices To Offset Reduced Capacity
Restaurants Warn Of Higher Prices To Offset Reduced Capacity
May 05, 2020  |  Retail

While it’s become increasingly obvious that many of the restaurants that have closed during the COVID-19 pandemic might never come back, it may be surprising...

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Starbucks Reopens Most Stores For Order Ahead Only
Starbucks Reopens Most Stores For Order Ahead Only
May 05, 2020  |  Retail

Starbucks locations across the country will soon reopen, with most stores offering pickup and drive-thru service but keeping seating areas closed for now. Get the...

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Lack Of Travelers Puts The Hurt On Hertz
Lack Of Travelers Puts The Hurt On Hertz
May 05, 2020  |  Retail

As if you needed more evidence that the stay at home, all digital world was shattering the “old” economy, or that online platforms have provided...

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PPP Loan Program’s Flaw: It Pays To Be Jobless
PPP Loan Program’s Flaw: It Pays To Be Jobless
May 05, 2020  |  SMBs

The $2.2 trillion CARES Act passed by Congress last month brought good news for the unemployed workers and small businesses. Get the Full Story Complete...

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