Kansas
Leawood-based AMC Theatres, which has had its screens closed for several months due to the COVID-19 pandemic, is facing a $2.4-billion loss as a result. There is is also reportedly a "going concern" that the company can remain in business,…
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John Sweeney is a brokerage executive with Reece Commercial in Kansas City. Q. What’s your sense of how bankruptcies by major retailers will affect the market here? A. It will affect landlords and employment most of all. There remain plenty…
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Dick's Sporting Goods, which has seven locations in the metro area, saw same-store sales drop in its first quarter by nearly 30 percent. Management said that the same-store-sales drop of 29.5 percent was driven primarily by the spread of COVID-19.…
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The Kansas City area saw a major spike in home-sales transactions month over month, according to Zillow. Newly-pending sales were up 32.3 percent, while they rose 9.6 percent week over week. Those numbers are above the national average of 4.2…
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Malls around the country have been struggling for a while, due to challenges from e-commerce and competition from mass-merchandise chains. Meanwhile, several around the metro area, including Oak Park Mall, in Overland Park, and the Legends Outlets, in Kansas City,…
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Two primary new rules have been issued by OSHA for those in the construction industry dealing with COVID-19. The agency said that construction firms must record symptoms of employees, as defined by CDC rules, so that contract tracing can be…
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Clyde McQueen is the chief executive officer for the Full Employment Council in Kansas City, which provides job-training services and programs to connect skilled workers with employers. Q. The employment world has changed a great deal since we last spoke…
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There are several universities with major endowment funds are facing budget cuts, along with public universities. For example, Stanford University, in California, which has an endowment of $27 billion, is considering those measures. The same could be the case for…
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Since most states are facing budget shortfalls, the same goes for their K-12 schools. Both Kansas and Missouri have announced revenue shortfalls and are on a list of states that could see budget cuts to public school systems. “If you…
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Live-performance venues are asking Congress for help, since they have been closed during the ongoing COVID-19 pandemic. There are reportedly 41 senators who are in favor of such a proposal. Uptown Theater, in Kansas City, says it has had to…
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