Retail
Kansas employment is expected to decline by 10.2 percent, according to a report by the Center for Economic Development and Business Research, based in Wichita. That decline would mean a contraction of about 140,000 jobs, most of the losses taking…
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J.Crew, which has namesake locations on the Country Club Plaza and Leawood, as well as Madewell locations in those areas and a factory store in Legends Outlets Kansas City, has filed for bankruptcy. Industry watchers say that J.Crew won't be…
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Berkshire Hathaway, Warren Buffett's investment company, has sold its shares of the four largest airlines after taking a $50-billion loss during its most recent quarter. However, the company still has $137.3 billion in cash. "The world has changed for the…
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Kansas Gov. Laura Kelly last night released her plan to reopen the Kansas economy in the wake of COVID-19, as the state reported 500 new cases in one day. The first phase will look much the same as things are…
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Leawood-based AMC Theatres, considered the country's largest cinema chain, is taking a stand against Universal Studios' decision to provide direct-to-home movies to consumers. As a result of Universal saying it would release films in that format from now on, as…
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Consumer spending fell by 7.5 percent in March, a according to the U.S. Bureau of Economic Analysis, which is a major shift in the small monthly increases seen prior to the COVID-19 outbreak. The decrease was $829.9 billion in spending…
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Platte County has joined neighboring Clay County and North Kansas City in rolling back its stay-at-home orders from May 15 to May 4. However, there were still be a significant number of restrictions on residents and businesses that are set…
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Garmin was a rare bright spot in public-company earnings during its first quarter despite an economy challenged by COVID-19. The Olathe-based GPS-device maker saw earnings per share rise 25 percent quarter over quarter, while revenues were up 17 percent year…
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Expectations for sales, profit margins and staffing levels expectations fell below the threshold of 50 for the first time in the history of the Associated Builders and Contractors (ABC) Construction Confidence Index. Sales expectations, due to COVID-19, decreased from 68.3…
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Many parts of the State of Missouri will reopen next week, and it's going to be all about social distancing come May 4. Retail stores will be able to open their doors if people are at least six feet away…
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