The report from the Commerce Department on Tuesday followed news early this month that the economy created 2.5 million jobs in May. Layoffs are also ebbing and manufacturing activity is improving, though production remains at very low levels. The surge in retail sales last month recouped 63% of March and April’s decreases. But the journey […]
Car dealership groups have already been forced to cut thousands of jobs, with Lookers making 1,500 redundancies in June, Pendragon cutting 1,800 and Jardine Motors cutting 500. Another dealer, Inchcape, has said it will cut head office roles, although it has not yet provided numbers.
”Covid has pushed retailers to do business differently. We are in a situation where we are probably six years ahead of where we would have been without Covid. Retailers have had to think about the interaction between their stores and online presence.”
DOS also announced that the sales of food and beverage services decreased by 43.5 percent year on year but grew 18.9 percent month on month in June. The sales value was estimated at 496 million Singapore dollars (about 361.7 million U.S. dollars), of which the proportion of online sales declined from 44.6 percent in May […]
Google.Expectations are changing, and now more than ever, people want the ability to buy and engage with the brand from the comfort of their home, Nikhil Bansal, Head of Industry, Automotive, Google India, said in a blog post on Monday.As a result of the pandemic, there is a rise in consumers’ desire for their own […]
Chemical Revolution was unearthed in the spring of 2019 in an operation that could have come from the script of a crime thriller: With undercover investigators and fake drug purchases; with insiders who collaborated with the police; with international networks and a young German principal offender who controlled the fate of the drug empire from […]
“I’ve gradually got used to communicating with customers online. My sales performance has been recovering, compared to the three months through May,” a Nomura sales person said on condition of anonymity. ($1 = 105.0400 yen) (Reporting by Takashi Umekawa, Editing by Sherry Jacob-Phillips and Himani Sarkar)
NEW COMMUNICATION STYLE Nomura’s asset management division posted 19.2 billion yen of pretax income, up 6% on year, while its retail division raked in 15.1 billion yen – an 86% surge despite a suspension of over-the-counter business at its branches for a month amid virus-related curbs.
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