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NewsWatch: Retail sales crater record 16% in April amid coronavirus lockdowns and spending slump
Sales at U.S. retailers sank a record 16.4% in April after coronavirus lockdowns shuttered much of the economy, cost millions of jobs and triggered an unprecedented slump in consumer spending......»»
Economic Report: Retail sales crater a record 16.4% in April amid coronavirus lockdowns and spending slump
Sales at U.S. retailers sank a record 16.4% in April after coronavirus lockdowns shuttered much of the economy, cost millions of jobs and triggered an unprecedented slump in consumer spending......»»
Home Depot same-store sales disappoint, warns of tariff impact
Home Depot Inc on Tuesday blamed wet weather in February and a slump in lumber prices for its slowest growth in quarterly same-store sales in at least three years, while warning of a $1 billion impact from new tariffs on Chinese imports......»»
Jaguar Land Rover cuts 1,000 jobs amid Brexit, falling sales
Jaguar Land Rover, the biggest automaker in the UK, is cutting 1,000 jobs at its Birmingham factory as Brexit and a diesel backlash has caused sales to slump......»»
Jaguar Land Rover to cut thousands of UK jobs after China, diesel slump: source
Britain's biggest carmaker Jaguar Land Rover (JLR) is set to announce "substantial" job cuts in the thousands, a source told Reuters, as the company faces double-digit drops in demand in China and a slump in sales for diesel cars in Europe......»»
Jaguar Land Rover to cut thousands of UK jobs after China, diesel slump
Britain's biggest carmaker Jaguar Land Rover (JLR) is set to cut thousands of jobs as the company faces lower demand in China and a slump in sales of diesel cars in Europe......»»
Jaguar Land Rover to slash UK jobs after China, diesel drop
Jaguar Land Rover (JLR) will cut 10 percent of its workforce, mostly in its home market, as Britain's biggest carmaker faces lower Chinese demand and a slump in European diesel sales......»»
Jaguar to slash 4,500 jobs amid Brexit slump
Jaguar Land Rover plans to slash 4,500 jobs worldwide, as the U.K.’s biggest automobile maker responds to the sales slowdown caused by Brexit, flagging demand for diesel-powered vehicles and a downturn in China......»»
Jaguar to slash 4,500 jobs amid Brexit slump
Jaguar Land Rover plans to slash 4,500 jobs worldwide, as the U.K.’s biggest automobile maker responds to the sales slowdown caused by Brexit, flagging demand for diesel-powered vehicles and a downturn in China......»»
Foxconn Cuts 50,000 Jobs Due To iPhone Sales Slowdown
In the latest indication that the slump in sales of Apple's most recent batch of iPhones isn't a transitory trend, Nikkei Asia Review on Friday reported that Foxconn, one of Apple.....»»
Hyundai Motor to cut China jobs after sales slump
Hyundai Motor said on Friday that its Chinese joint venture is accepting voluntary retirements from employees, after its sales slumped......»»
Hyundai Motor to cut China jobs, review optimization plans after sales slump
Hyundai Motor said its Chinese joint venture is accepting voluntary retirements from employees and reviewing various "optimization plans" at its factories in the country, following a slump in car sales......»»
Nike CEO John Donahoe blames remote for innovation slump, acknowledes overinvestment in direct sales
In a CNBC interview Nike CEO John Donahoe also said the company leaned too hard on direct sales......»»
China orders telecom carriers to phase out foreign microprocessors
Santa Clara-based Intel Corp and Advanced Micro Devices Inc. (AMD) to see major sales impact by 2027......»»
TJX sees $275M-$325M negative impact to Q2 sales due to store closures
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Encumbered boats and upset customers: barge transportation co. talks "huge impact" of bridge closure
“It has a huge impact on us, on a daily basis,” said Ken Groth, director of organization development for ACBL. “We’re talking thousands and thousands of dollars a day, per boat.”.....»»
Mana Up, Shop Small Hawaii team up to host virtual job fair for Hawaii small businesses
Over 20 local entrepreneurs at the event are looking to fill intern, part-time, and full-time jobs for positions such as marketing managers, retail assistant store managers and e-commerce sales specialist positions......»»
The Pandemic Changed Our Money Habits — Here"s Exactly How
By Lacey Cobb There’s no doubt that the pandemic has had a significant impact on people’s finances. Millions of people lost their jobs, forcing them to cut back on their spending. read more.....»»
Maui, Hawaii Island condo sales double and triple in April
While Maui and Hawaii Island saw condominium sales double and triple, Kauai posted a more moderate increase, when considering the impact of the Covid-19 pandemic a year ago......»»
5 economic and environmental benefits to recycling construction and demolition material
The economic impact of the recycling and reuse industry within Austin created more than 6,300 jobs and $1.1 billion in overall activity in 2018......»»