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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......»»

Category: topSource: marketwatchMay 15th, 2020

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......»»

Category: topSource: marketwatchMay 15th, 2020

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......»»

Category: topSource: reutersMay 21st, 2019

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......»»

Category: topSource: moneycentralApr 16th, 2018

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......»»

Category: topSource: reutersJan 10th, 2019

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......»»

Category: topSource: reutersJan 10th, 2019

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......»»

Category: topSource: reutersJan 10th, 2019

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......»»

Category: topSource: moneycentralJan 10th, 2019

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......»»

Category: topSource: moneycentralJan 10th, 2019

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.....»»

Category: blogSource: zerohedgeJan 18th, 2019

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......»»

Category: topSource: reutersJan 25th, 2019

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......»»

Category: topSource: reutersJan 25th, 2019

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......»»

Category: topSource: bizjournalsApr 12th, 2024

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......»»

Category: topSource: bizjournalsApr 12th, 2024

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.....»»

Category: blogSource: theflyonthewallMay 19th, 2021

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.”.....»»

Category: topSource: bizjournalsMay 13th, 2021

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......»»

Category: topSource: bizjournalsMay 12th, 2021

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.....»»

Category: blogSource: benzingaMay 11th, 2021

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......»»

Category: topSource: bizjournalsMay 7th, 2021

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......»»

Category: topSource: bizjournalsMay 1st, 2021