Clothing sales bounce back after a disastrous pandemic decline, as shoppers opt for a "vax summer" wardrobe refresh
Clothing sales dipped from March to April, but spiked 726.8% from 2020 to 2021, according .....»»
The stock market"s fear gauge is back at pre-pandemic lows, and it"s signaling big upside ahead, says Fundstrat"s Tom Lee
A decline in stock market volatility against the current interest rate backdrop could suggest upside ahead for stocks, says Fundstrat's Tom Lee. Global stocks slipped on Tues.....»»
: Flower shows and soccer matches will be the hottest post-pandemic events this summer
Crowds could be back at sporting events in the U.K. as soon as mid-May......»»
Columbus convention center slowly bringing back staff as economy recovers
The Greater Columbus Convention Center is slowly bringing back staff as it looks forward to increased business in 2021. The convention center laid off more than 140 employees last summer that it had previously furloughed as the pandemic caused .....»»
Best Buy cut 5,000 jobs this month, even as online sales soared during pandemic
Best Buy said it cut the jobs because more shoppers are choosing to buy online instead of coming inside stores. It said it will replac.....»»
This product’s fast-rising sales during pandemic took Kroger CEO by surprise
Kroger Co. CEO Rodney McMullen has been in the grocery business for four decades, going back to his days stocking shelves in eastern Kentucky, where he grew up. He’s 60 now, so it’s safe to say not much surprises him. But the coronavir.....»»
Uber and Lyft are "proxies for the reopening" as investors look to rideshare to predict the pandemic recovery
Analysts say Uber and Lyft offer early indicators of how the economy will bounce back from the pandemic, but that a lot remains to.....»»
Chemours stock jumps 5% as Q4 sales nearly back at pre-pandemic levels
Shares of Chemours Co. rose nearly 5% in the extended session Thursday after the maker of Teflon and other compounds swung to a fourth-quarter profit and reported quarterly sales in line with Wall Street expectations. Chemours said it ea.....»»
Working out from home: coronavirus pandemic powers Under Armour online sales, surprise profit
The company said revenue in its Asia-Pacific market jumped 26%, cushioning a sharp decline in its Europe, Middle East, and Africa (EMEA) market, where several stores have been closed due to a resurgence in COVID-19 cases......»»
Treasury Secretary Janet Yellen: Biden"s stimulus bill could help US employment bounce back to normal by 2022
Without a sufficient pandemic relief package, economic recovery will be slow and unemployment will remain elevated through 2025, Yellen said Sunday. Without the bill, recovery could p.....»»
Oreos go lickety-split during pandemic driving cookie company to higher sales
Oreo maker Mondelez International Inc. said it is making investments to maintain the ground it gained on competitors last year as shoppers bought more of its snacks while they spent time at home during the pandemic......»»
Pandemic-driven cleaning routines boost P&G sales forecast again
The company’s shares rose 1% before the opening bell after the Cincinnati-based conglomerate also said it would buy back up to $10 billion worth of shares in fiscal 2021, compared to $7 billion to $9 billion it expected earlier......»»
Arizona gun sales hit record in 2020, driven by pandemic, protests, politics
WASHINGTON – Background checks for gun purchases in Arizona hit their highest level ever in 2020, driven by an unprecedented convergence of a pandemic, a summer of national unrest and a presidential election, experts said. Through the end of Novemb.....»»
: The U.S. real estate markets that are poised for a post-pandemic boom in 2021
The pandemic has upended the country’s housing markets, and some cities and regions are better positioned to bounce back than others......»»
: These U.S. real estate markets are poised for a post-pandemic boom
The pandemic has upended the country’s housing markets, and some cities and regions are better positioned to bounce back than others......»»
U.S. consumer spending does "an almost unbelievable about-face"
China has not usurped the United States as the largest retail market in the world despite predictions the U.S. would have a tougher time bouncing back quickly from Covid-19 pandemic challenges; in fact, although November sales dipped as consumer.....»»
Shopping begins again in Northwest Indiana
In Illinois, retailers deemed non-essential are still limited to curbside service. But across the country, stores that closed during the COVID-19 pandemic have started letting shoppers back .....»»
U.S. Retail Sales Plunged a Record 16% in April As Coronavirus Swept the Country
The severity of the decline is unrivaled for retail figures that date back to 1992 (Baltimore) — U.S. retail sales tumble.....»»
Retail sales plunged 16.4 percent in April as coronavirus pandemic drives record decline
The drop was steeper than analysts had forecast and smashed March’s 8.3 percent slide......»»
‘It’s certainly sobering to know that New York will be without Broadway this summer.’ Why Broadway can’t bounce back from the coronavirus shutdown any time soon
New York’s theater industry won’t resume performances until at least September, the Broadway League announced this week......»»
Chin-Poon Industrial conservative about 2Q20 business
Automotive PCB maker Chin-Poon Industrial saw sales decline in first-quarter 2020 due to shrinking car sales in main markets in the wake of the coronavirus pandemic, and is conservative about business outlook for the second quarter......»»