Warehouse operators across the U.S. are sanitizing workplaces, providing protective gear to workers and separating staff as they try to keep supply chains running while much of the country's economy shuts down amid the coronavirus pandemic. Some businesses, such as TJX Cos., the parent of discount retailer T.J. Maxx, have suspended distribution and fulfillment operations in pre-emptive actions aimed at containing the pandemic.
The following are forecasts for next week's U.S. data from a survey compiled by The Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Monday 1000 Pending Home Sales Feb +0.5% +5.2% 1030 Dallas Fed Mfg Svy Mar N/A 1.2 Tuesday 0900 S&P/Case-Shiller 20- City Jan N/A +2.9% HPI Y/Y 0945 Chicago PMI Mar 40.5 49.0 1000 Consumer Confidence Mar 110.0 130.7 Wednesday 0815 ADP Jobs Mar -263 K +183 K 0945 Markit Mfg PMI Mar N/A 49.2* 1000 ISM Mfg PMI Mar 44.0 50.1 1000 Construction...
AUSTIN, Texas, March 25, 2020 Tiger Pistol, the only social advertising platform that delivers local activation at global scale, today announced that it has won the prestigious Localogy Excellence Award for "Best Localized Marketing Campaign." Paul Elliott.
NEW YORK and LOS ANGELES and CHICAGO, March 25, 2020 Reich Brothers is pleased to announce that it has entered into a long term lease with Amazon for its 129,850 square foot facility in Salem, OR. The Class-A facility was originally constructed by Panasonic in 2009 and is located on a 19+ acre site at 5475 Gaffin Road SE. The building features clear ceiling heights to 38 feet, heavy power, and ...
Sales volume is expected to slow significantly in the months ahead as a result of the coronavirus pandemic. The numbers: Sales of newly-constructed homes in the U.S. dipped 4.4% on a monthly basis in February to a seasonally- adjusted annual rate of 765,000, the government reported Tuesday. January's upwardly-revised figure represented the highest pace of new-home sales since June 2007, marking a cycle high for the U.S. real-estate industry.
As home sales screech to a halt, home-buying companies will face massive expenses. As state and local governments across the country put restrictions on business activity to stop the spread of the coronavirus, so-called "iBuyer" companies have stopped purchasing homes. Whether the iBuying business model-- in which companies use technology to make instant offers on homes and then sell those properties for a profit-- will survive any recession that results from the COVID-19...
The market for issuing securities backed by commercial mortgages has frozen up, leaving some of the biggest names on Wall Street stuck with billions of dollars of loans that are rapidly deteriorating in value. This market usually enables lenders to owners of offices, hotels and other commercial buildings to unload their debt into a financial market and reduce their exposure. But it has stopped functioning properly since the novel coronavirus pandemic caused financial...
The following are forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Tuesday 0945 Markit Mfg PMI Flash Mar 42.5 50.7* 0945 Markit Services PMI Flash Mar 42.0 49.4* 1000 New Home Sales Feb 757 K 764 K-- percent change Feb -0.9% +7.9% 1000 Richmond Fed Svy Mar -12.5 -2 Wednesday 0830 Durable Goods Orders Feb -0.5% -0.2% Thursday 0830 Jobless Claims Mar 21 1500 K 281 K 0830 Real GDP 4 Q +2.1% +2.1%** 0830...
Sanderson Farms, Inc. (SAFM) today confirmed that an employee at the Companys McComb, Mississippi, processing plant has tested positive for novel coronavirus. Sanderson Farms (SAFM) has implemented a site infection control plan at all its locations under which Company health professionals have been trained to identify employees with symptoms of COVID-19, the illness caused by the novel coronavirus.
Amazon.com Inc (AMZN) said on Saturday it is raising overtime pay for associates working in its U.S. warehouses as the world's largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck at home during the coronavirus outbreak.
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