Remove On-Demand Remove Returns Remove Shutdown
article thumbnail

Coronavirus Boosts Mom, Apple Pie And A Return To ‘Leave It To Beaver’ America

PYMNTS

The stock market, the unemployment tick-up, the uncertainty, the growing number of coronavirus cases, the concerns about the healthcare system, the small business shutdowns with uncertain futures – pick your poison in terms of bad news. Baking’s Big Return . And no, that last one isn’t a joke – in fact, it seems to be a trend.

Returns 73
article thumbnail

After Summer Rebound, Canadian Businesses Brace For Harsh Winter

PYMNTS

After enjoying a revival in demand over the summer as shutdown measures were lifted, business executives across various Canadian industries are now bracing for slower improvement in the months ahead. The Bank of Canada’s quarterly outlook on business conditions fell over the summer to its lowest point since the Great Recession.

article thumbnail

Carnival Reports $2.2 Billion Q4 Loss As US Cruises Stay Docked

PYMNTS

30 because of the pandemic's shutdown of its voyages for almost a year now, The Wall Street Journal (WSJ) reported. Cruise ship operator Carnival is looking at a loss of $2.22 billion for the fourth quarter ending Nov. The loss is compared to the company's $423 million profit in the same quarter from a year prior, the report stated.

article thumbnail

Generation House Arrest? Retailers Anticipate Reinvention And Reopening

PYMNTS

At stake are the early returns on some issues that will determine the nature of consumer behavior and spending patterns, which are the lifeblood of retail for any season. It’s that day that several states, and now the federal government, have set as an unofficial day to begin reopening the economy.

article thumbnail

Delivery Platform Bringg Nets $30M

PYMNTS

Tel Aviv startup Bringg , which works in delivery services, has completed a Series D funding round for $30 million amid a global crisis that has seen demand for the company’s services skyrocketing, according to TechCrunch. The total raised is now $83 million.

article thumbnail

Today In How We Eat: Troubled Times And New Innovations

PYMNTS

With COVID-19 case counts on the rise and shutdowns going back into effect in an increasing number of states, the already rocky road restaurants had ahead of them looks to have gotten more treacherous. Which, in turn, has made more restaurateurs discover more novel approaches to serving their customers. According to U.S.

article thumbnail

Coronavirus Triggers Job Losses, Reduced Hours

PYMNTS

Slowing demand, brought on by the need for Americans to practice social distancing, is going to very likely immediately hurt those who work in at the nation’s hotels, restaurants, and bars,” said Andrew Challenger, senior VP of Challenger, Gray & Christmas. We are certainly beginning to see the cracks in the foundation.