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Retail

Kansas Reopening Plan Starts Monday

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… more

AMC Gets Into Feud With Universal Studios

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… more

Consumer Spending Falls 7.5% in March

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… more

Platte County Rolls Back Stay-At-Home Order

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… more

Garmin Quarter Strong in Face of COVID-19

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… more

Contractor Confidence Hits Record Low

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… more

Missouri Reopening Guidelines Released

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… more

Major Retailers Call for Uniform Reopening Plans

Two of the biggest retail trade organizations are calling on governors to have a "mutually agreed upon blueprint" for reopening stores. The National Retail Federation and the Retail Industry Leaders Association are asking for states to follow CDC guidelines and… more

Consumer Confidence Plunges in April

Yet another economic report provided grim news in the wake of COVID-19's spread. The University of Michigan's Index of Consumer Sentiment has come in at 71.8 for the month, down 26.1 percent year over year and 19.4 percent month over… more

KC Fed Manufacturing Survey Hits Record Low

The Federal Reserve Bank of Kansas City's month manufacturing survey examining the region had its lowest reading in its history since launching in 1994. “Regional factory activity continued to decline in April, with our composite index falling to the lowest… more