in room revenue since mid-February and are "on pace to lose up to $400 million in room revenue per day based on current occupancy rates and revenue trends."Shoppers wear masks while walking at the Galleria Dallas mall in Dallas on Monday, May 4, 2020.Although retail stores are allowing curbside pick-up of items in recent weeks, the retail sector has taken a financial hit as places had to temporarily close during the outbreak.
reported that retail lost 2.1 million jobs in April, with clothing and accessory stores alone losing nearly 740,000 jobs.A strong majority of Americans believe grocery stores should get financial help from the government.Brunswick noted in their analysis that there is more than a 10 percentage point difference in support for government assistance between grocery stores and retail, the second highest sector.
Grocery stores have been one of the few places that have stayed open during the pandemic because they were classified as
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the Boeing Business Jet 787 Dreamliner's most luxurious designs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 1929 much? GTFOOH
Source: BusinessInsider - 🏆 729. / 51 Read more »
The Internet of Medical Things report - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Coronavirus: Sarepta CEO Doug Ingram on biotech industry - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
PRESENTING: Consultancy leaders disrupting the $130 billion industry - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Alt data shop SimilarWeb breaks down industries' pandemic web traffic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »