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Retail

‘Panic Shopping’ Boosts Walmart

Walmart reported strong sales and profits during its most recent quarter due to a surge in sales due to consumers wanting to stock up on household goods during the COVID-19 pandemic. Same-store sales rose 10 percent year over year at… more

KS Phase 2 Reopening Planned for Friday

The second phase of Kansas' reopening plan, which would allow more consumer access to businesses, is set to start on Friday. Gov. Laura Kelly modified the order, saying that the reason for the change is due to the slowing number… more

J. C. Penney Closing 30 Percent of Stores

In another blow to the retail real estate industry, retailer JCPenney plans to pare back its store count by 30 percent, or 240 stores. It will leave it with about 600 total stores. The company, which operates seven stores and… more

Q&A With … Mike Boehm, City of Lenexa

Mike Boehm is the major of the City of Lenexa, which has seen major construction growth over the the last few years. Q. Have you seen any delay in the construction of City Center as a result of COVID-19? A.… more

Restaurant Industry Wants More Time for PPP Loans

Leaders in the restaurant industry want more time to spend PPP loans, increasing that window from eight to 24 weeks. They met with President Donald Trump and said that they were concerned about various social distancing rules in states and… more

J. C. Penney Restructuring Plan Includes REIT

Retailer J. C. Penney, which filed for bankruptcy on Friday, is creating a real estate investment trust to spin off its real estate assets to pay off debt. "By entering this restructuring support agreement with our lenders, we expect to… more

Retail Getting Clobbered

Retail sales beat another unfortunate record in April, with sales falling a record 16.4 percent from the previous month.  The March decrease of 8.3 percent was already the biggest decline on record, according to data tracked by the U.S. Census… more

Theme Parks, Like Worlds of Fun, Face Changes

Theme parks, such as Kansas City's Worlds of Fun, will not be be running in business-as-usual mode when they start to re-open, due to social distancing requirements that will change the capacities of rides. For its part, Worlds of Fun… more

Gov. Kelly Re-Tightens Restrictions

Kansas Gov. Laura Kelly has added a new phase to stay-at-home restrictions which would require certain business across the state to close back down on Monday, under a plan called Phase 1.5. They include bars, casinos, museums, theaters and entertainment… more

Passing the Test?

The COVID-19 pandemic metrics suggest that Missouri and Kansas are emerging from the worst of the crisis. Will those trend lines hold as economic restrictions are lifted. The good news, to people starving for some amid the carnage of the… more