Retail
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…
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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…
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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…
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A price index for commercial real estate fell by 9.4 percent in April and is down by 10.4 percent below its peak from last year. Investment and research firm Green Street Advisors said that retail and hotel assets are doing…
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Oak Park Mall, Independence Center, and other area malls are reopening this week, as stay-at-home orders are relaxed in several area municipalities. Oak Park, in Overland Park, is opening tomorrow, with 11 a.m. to 7 p.m. hours, while Independence Center…
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Kansas City, Mo., has released its long-awaited guidelines for reopening restaurants in the city. Starting on May 15, establishments will be able to open for in-dining businesses as long as they follow a specific set of rules put forward by…
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Kansas City, Mo., will start what Mayor Quinton Lucas is calling "responsible reopening" on May 15. "As we continue working to increase our testing capacity and contact tracing capabilities, I implore all who can to continue working from home and…
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J. C. Penney, which operates seven stores and a distribution center in the Kansas City area, could file bankruptcy this week and close about a quarter of its 850 stores. A report by Reuters said that company, which has closed…
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Hostess Brands had a favorable first quarter despite the onslaught of the COVID-19 pandemic, with revenues rising in the double digits. Sales rose 14.4 percent, hitting $243.5 million, mostly due to the $320-million acquisition of Voortman Cookies Limited in December.…
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The unemployment rate hit 14.7 percent in April after non-farm payroll fell by 20.5 million throughout the month, reported the U.S. Department of Labor Statistics. Unemployment rose by 10.3 percent, following several months of record-breaking strong employment numbers. The 20.5…
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