What people are buying during the coronavirus outbreak and why

What people are buying during the coronavirus outbreak and why

Young Man shopping in a supermarket, breathing through a medical mask. RealPeopleGroup In the weeks since the U.S. confirmed its first case of COVID-19, consumer habits have been shifting.  Medical masks, hand sanitizer, gloves and toilet paper have flown off shelves...
Nordstrom suspends dividend, taps credit in midst of coronavirus

Nordstrom suspends dividend, taps credit in midst of coronavirus

Nordstrom signage (Photo by Tim Boyle/Getty Images) Tim Boyle | Getty Images News | Getty Images Nordstrom said Monday it is suspending its dividend, halting share buybacks and has drawn down $800 million on its revolving credit facility, in the midst of the...
Retailers with shuttered stores push online deals to try to get sales

Retailers with shuttered stores push online deals to try to get sales

Nike, Macy’s and Vineyard Vines are just a few of the companies currently offering decent deals online, to try to stir up some sales as their stores sit dark.  Many retailers are also throwing in free shipping — if they did not already offer it — and extending...
3M CEO says it’s disappointing to see N95s at stores

3M CEO says it’s disappointing to see N95s at stores

3M Chairman and CEO Mike Roman told CNBC on Monday he was not happy to find out that N95 respirator masks, which health-care workers need to protect themselves from the coronavirus, were available at some retail stores. “It’s disappointing when you see...
CVS Health looking to fill 50,000 jobs to meet demand

CVS Health looking to fill 50,000 jobs to meet demand

A driver unloads merchandise from a delivery truck outside a CVS Health Corp. location in New Rochelle, New York, U.S., on Monday, March 16, 2020. Angus Mordant | Bloomberg | Getty Images CVS Health said it plans to immediately fill 50,000 jobs across the U.S. to keep...