Why Brick-And-Mortar Is Still Relevant Despite An E-Commerce Future

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2021-03-25 16:37:25

• 7 Ways You Can Actually Stimulate Your Local Economy

  Most of us have $1,400 on the way, and you're probably thinking about how to spend it. Before you blow your entire stimulus check, make sure you take care of any pressing debts: utilities, rent, car payments ... you know, the adult stuff. If you're lucky enough to have a bit leftover, here are some easy ways to make a difference in your local economy.Read Full StoryEconomyCandy BarsSmall BusinessStimulusLocal FoodGrocery StoresPet FoodDirect CareChain [email protected] DepositOnline SellersArtisanal CandlesWine ShopRamen Noodles

• European stocks slip as lockdowns cloud growth outlook

  (Reuters) - European stocks inched lower in early trading on Thursday as investors grew wary about the economic outlook following a new round of coronavirus restrictions in the euro zone and regulatory concerns hit Chinese stocks.The pan-European STOXX 600 index slipped 0.4% by 0812 GMT, with oil & gas, bank and retail stocks leading the decline.Global sentiment took a hit after a selloff in Chinese technology shares on worries that they will be de-listed from U.S. bourses, while the number of coronavirus cases in Germany saw the biggest increase since Jan. 9.H&M dropped 1.9% after at least one Chinese online retailer appeared to drop its products following social media attacks on the Swedish company for saying it was “deeply concerned” about reports of forced labour in the farwestern region of Xinjiang in China.Shares of German sportswear firm Adidas, which also came under fire, was down 3.2%.Cineworld fell 6.8% after it reported a $3 billion loss for 2020 and said it will ask shareholders to approve a raise in its debt ceiling.European StocksTechnology StocksLockdownsChinaMarketsChinese StocksU.S. InvestorsRetail InvestorsReutersPan-EuropeanSTOXXOil & GasH&MSwedishAdidas

• How $20,000 1985 Chicago Air Jordan 1s are professionally resoled

  The Cobblers is a shoe-repair shop in Miami. The shoe it's working on today is a rare pair of 1985 Chicago Air Jordan 1s. Its cobblers are going to show us how they replace the soles for this pair of shoes. Visit Insider's homepage for more stories. The following is...Read Full StoryRetailFashionWhite ShoesCobblersJordan ChicagoChicago Air JordanSneaker OperationsDerrick WinjeGlueShoemakersTodayVideoThings

• Colruyt N.V. : An opportunity over the medium term?

  The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria. In a short-term perspective, the company has interesting fundamentals. Strengths. The share is getting closer to its long-term support in weekly data, at EUR 48.08, which offers good...Read Full StoryN.v.MarketsMedium TermGrowth CompaniesEarnings EstimatesCurrent RatingsRetail CompaniesColruyt N.V.JavaScriptCompanyStrong FundamentalsShare EstimatesEnterprise ValueListed CompaniesInteresting Fundamentals

• Boohoo cuts supplier network after factory scandal

  Boohoo (PA Wire)Scandal-hit retailer Boohoo has slashed its supplier network by more than 400 firms amid an overhaul after allegations over working conditions for factory staff.The online fashion firm revealed a list of 78 approved suppliers across 100 factories – a significant drop on the estimated 500 suppliers previously identified in an independent review of the business by Alison Levitt QC.It follows moves by Boohoo to sever ties with 64 factories, consolidate others and cut out subcontracting.Boohoo has been seeking to repair its reputation after it was alleged last year that some factories in the UK working for the firm were paying staff as little as £3.50 an hour and had working conditions which did not meet lockdown restrictions.This is the not the end of a project for us at Boohoo but the beginning of a new way of working with our suppliersThe group said it has “ceased doing business with a number of manufacturers who were unable to demonstrate the high standard of transparency required, despite being provided with opportunities to address any issues identified in the auditing process”.It added that it asked the remaining suppliers to bring their so-called cut-make-trim units in-house “to allow for greater oversight and remove the issue of unapproved subcontracting”.The company had more than £1 billion wiped from its share value in two days after an article last year revealed the factory allegations.As other retailers such as Next and Asos dropped Boohoo clothing from their websites, the company hired top lawyer Ms Levitt to look into the allegations which its board said left them “shocked and appalled”.In September last year, Ms Levitt found that there were “serious issues” in the company’s supply chain.Boohoo has since pledged to strengthen internal controls, overhaul its suppliers and is also launching a sustainability strategy, called Up Front, to reduce its carbon footprint.Bosses also hired judge Sir Brian Leveson to supervise the firm’s Agenda for Change reforms.Sir Brian Leveson (PA Archive)In his second report published separately on Thursday, Sir Brian noted that improved supplier audits have changed the way the industry is run in Leicester and noted Boohoo’s efforts to embed a new way of working.John Lyttle, chief executive of Boohoo, said: “This is the not the end of a project for us at Boohoo but the beginning of a new way of working with our suppliers.“The publication of our UK Supply Chain List marks another step on our journey towards greater transparency and embedding positive change, not only in our own organisation, but through the wider network of businesses that make up our supply chain.”Shares in Boohoo lifted 2%.Retail analysts at Jefferies said: “We see today’s publication of a fully audited UK supplier list as an important step in re-establishing trust in the business and momentum in the shares.”Online RetailOnline BusinessesUKInternal ControlsNextAsosUp FrontJefferiesAgenda For ChangeBoohoo ClothingSupplier ListFactory StaffSuppliersRetailerCompanyBrian LevesonJohn Lyttle

• Disbursement of Small Business Assistance Grants

  At the Council of Governments meeting on Wednesday, March 24th, Lamont McClure detailed the disbursement of over $10 million in Small Business Assistance grants to 767 small businesses in Northampton County in 2020. The funding came from the CARES Act. Recipients of the grants included florists, gyms, retail stores, restaurants, hair salons and dentists across cities, townships and boroughs.Read Full StoryDisbursementEconomyOperating ExpensesGovernment JobsRetail BusinessFor RentSmall Business AssistanceTVLSBA Grant AllocationRecipientsBusinessesPayrollRetail StoresCitiesNorthampton County

• OnePlus 9R vs OnePlus Nord: An in-house rivalry for the value crown

  OnePlus pulled a surprise this year by adding a third member to the OnePlus 9 family in the form of the OnePlus 9R. Actually, it’s not necessarily a new device, but more like a OnePlus 8T donning a new suit and packing the Snapdragon 870 SoC inside. The objective is clear – OnePlus still wants to cater to its price-sensitive audience for whom the OnePlus 9 and 9 Pro might have gone out of reach. But is the gamble worth it, especially in the face of a well-received device like the OnePlus Nord? We try to do the math in this OnePlus 9R vs OnePlus Nord comparison:Read Full StoryOneplus NordOneplus XRetailAndroidPhotographySnapdragonSonySOCAmazonAMOLEDCorning Gorilla GlassQualcommRsIndianCarbon Black

• COVID vaccine wait list: How to claim “extra” doses regardless of age

  ORLANDO, Fla. — Pharmacists say COVID-19 vaccination “no-shows” are leaving them with extra doses that could end up going to waste.When a person fails to meet an appointment, the pharmacist is stuck with a thawed vaccine vial that could go bad.In order to reduce the amount of vaccines being discarded, Walmart has developed what they’re calling a “waste-avoidance” list, allowing people 18 and older to get in line for the extra dose.That person then has about an hour to get to the pharmacy and get the shot if they’re called.A 35-year-old Central Florida man says he was able to get a shot because one Walmart had extra doses.“It’s heartbreaking to know that some stuff’s been thrown out.”He’s asked not to be identified because of the backlash he says he received when he first shared his experience on social media.He’s a highly vulnerable cancer survivor and says he was desperate to get the vaccine by the time he learned about Walmart’s waste-avoidance list.“If there was anything left at the end of the day that they were not going to use, where people didn’t show up for appointments, they would call us and let us come back and get one of the vaccines.”He says he put his name on the list, waited, and was ultimately successful.“It was a huge sigh of relief.”A majority of Central Florida Walmart pharmacies confirmed they’re all keeping such a list, but some said they’ve temporarily stopped adding names.As for other retail pharmacies, Publix says their extra doses will go to eligible employees.CVS says they’re using patient profiles to identify people eligible to receive leftover vaccines. Walgreens is taking a similar approach, meaning Walmart, so far, is the only retailer making the offer.When asked if he regrets his decision because of the criticism on social media, the cancer survivor says, not at all.“If it’s not taken that day, it’s going to be thrown away...They want to get those shots into somebody’s arm.Covid-19 VaccineVaccinationRetailPublic HealthVaccine DosesPharmacy➡ PreregisterHttps://t.co/BtmviJtKgYEVP Of Health & WellnessWalmart Inc.Central Florida WalmartPublixCVSWalgreensFlorida Dept. Health

• Salt Lake City Mayor Erin Mendenhall gets COVID-19 vaccine

  SALT LAKE CITY (ABC4)- Salt Lake City Mayor Erin Mendenhall received her first dose of the COVID-19 vaccine on Wednesday. Mendenhall tweeted out a brief video receiving the vaccine saying, “I got my first dose of the vaccine! It was so easy and I’m feeling very hopeful. Everyone 16 and older is eligible in Utah. Make your appointment if you haven’t already: http://vaccine.utah.gov #ThisIsOurShot #utpol #slc“Read Full StoryCapital CityCovid-19 VaccinePublic HealthUtahnsHouseMayor MendenhallMendenhall SharesSpencer CoxABC4Barber ShopsGrocery StoresPicErin Mendenhall

• As LA County Heads Toward Orange Tier, Health Officials Warn of COVID Variants

  The county's recent decline in the COVID-19 case rate means the area could advance to the less-restrictive orange tier of the state's 'Blueprint for a Safer Econony'' by early April. 73 COVID test specimens that were closely examined over the past week, more than half were identified as 'variants of...Read Full StoryCovid-19EconomyRetailHealth OfficialsCounty OfficialsState OfficialsDepartment Of HealthPublic OfficialsNBCL.A. CountyCountiesCOVID-19 CasesState FiguresAlcohol ServiceLos Angeles CountyBarbara Ferrer