Chinese factories fire up again, but shoppers stay home
Chinese industrial production rose in April, marking its first gain this year. But the service sector remains a worry, with shoppers choosing to stay home. Julian Satterthwaite reports......»»
There’s a conditional upside from coronavirus: cleaner air
As Chinese factories closed and workers were ordered to stay home after the discovery of the coronavirus late last year, emissions at least temporarily dropped......»»
Demand dives at apparel retailers as virus-wary shoppers stay home
As virus-wary shoppers stayed home in the United States and Europe, apparel retailers braced for a blow to sales and a potential inventory glut. Some slashed orders at garment factories while others began discounting merchandise......»»
China"s stay-at-home shoppers propel luxury sales: Bain
Luxury brands will increasingly have to court Chinese shoppers on their home turf, as local purchases soar among a clientele who are forecast to generate nearly half the industry's sales by 2025, a study showed on Thursday......»»
It’s a made-in-China holiday season for cooped-up Americans
U.S. imports from China are surging as the year draws to a close, fueled by stay-at-home shoppers who are snapp.....»»
Eerie photos of reopened malls reveal the new normal
It was an eerie scene at malls that have reopened amid some states' easing of stay-at-home orders. Many shoppers have opted to stay home......»»
Costco sees sales drop as panic shopping wears off and stay-at-home restrictions keep shoppers out of stores
Kike Calvo/Universal Images Group via Getty Images Costco reported a decline in its monthly sales for the first time in years on .....»»
5 Gaming Stocks That Are on Fire as We Stay at Home
InvestorPlace - Stock Market News, Stock Advice & Trading Tips With much of the world.....»»
April will be ‘hideous’ for retail as stores remain shuttered and shoppers stay home, analyst says
April’s retail sales could be worse than March’s record 8.7% retail sales decline, experts say......»»
Toshiba to temporarily close factories, offices in Japan
Toshiba Corp on Wednesday said it will temporarily close factories and offices in Japan from May 6 to May 15, allowing as many as 76,000 to stay at home as the coronavirus spreads, Kyodo newswire reported......»»
Many businesses are closing to prevent the spread of the coronavirus. Not the defense industry.
While stores and factories around the country are shutting down, and millions are teleworking from home, defense contractors have been required, by and large, to stay open......»»
Apple"s China sales slump as shoppers stay home
Sales for Apple and other smartphone makers slumped in China in February as the coronavirus kept shoppers at home. Julian Satterthwaite reports......»»
China"s Geely starts online auto sales as virus epidemic keeps buyers at home
Chinese automaker Geely [GEELY.UL] has launched a service for customers to buy cars online and get them delivered directly to their homes, in a bid to drum up sales as the coronavirus outbreak prompts buyers to stay away from showrooms......»»
There’s a Lesson for Luxury in the Coronavirus Crisis
While Chinese shoppers are a powerful force for the luxury goods industry, no brand should neglect its customers closer to home......»»
Jeweler Pandora says China business at a "standstill"
Pandora's business in China has ground to a halt, the jewelry maker and retailer said on Tuesday, as a new flu-like virus forced the company to shut around a third of its stores in one of its top markets and shoppers stay at home......»»
Pier 1 reportedly plans to fire hundreds of employees and cancel orders as the company struggles to stay afloat
Shoshy Ciment/Business Insider Pier 1 is planning to lay off about 40% of its headquarters staff, or roughly 300 people, according to a Bloomberg report. The troubled home goods retailer ha.....»»
No place like home: Chinese firms stung by trade war build up domestic brands
For over a decade, manufacturer Matsutek plied away at building its business with big Western brands, supplying firms such as Philips and Honeywell with products made in its Chinese factories for the U.S. and other overseas markets......»»
U.S.-China trade war puts chill on CES tech show
U.S.-China tensions put a chill on world's biggest tech show CES in Las Vegas as some Chinese exhibitors stay home. Jane Lee reports......»»
China"s big factories had a terrible March, even as automakers roar to new highs
Weak domestic demand is causing Chinese companies to sell products en.....»»
How a stay-at-home dad turned his passion for pickleball into "a game changer" side hustle
Antoine Echavidre's side hustle is teaching pickleball. He's a stay-at-home dad with a.....»»
Canada Cannabis Update: Health Recall, Home Cultivation Ban Reversal, International Expansion
"Stay updated on the latest cannabis news in Canada. Learn about health recalls, regulatory changes, and international expansions. read more.....»»