In 2019, online sales for direct-to-consumer brands reached $14.28 billion, according to data from eMarketer. In 2020, sales are forecast by the firm to grow 24.3% to $17.75 billion, slowing from 33.1% growth last year, and down from 56.5% growth in 2018.
Workers at many small businesses (those with under 500 employees) will soon see paid sick leave, as well as extended family leave, for certain coronavirus-related reasons. Others may not. Here's the skinny.
The recovery likely will be more U-shaped as consumers struggle to recover from an economic near-stoppage, Dallas Fed President Robert Kaplan told CNBC
Shopify suspended its full year 2020 guidance due to growing disruptions from the coronavirus pandemic, but said it expects first quarter revenue to be in-line with expectations.
Walgreens is one of the retailers where U.S. customers have gone in recent weeks to stock up on over-the-counter medications, prescriptions and items such as cleaning supplies and disposable gloves.
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and an expert serving on President Donald Trump's coronavirus task force, has been assigned a security detail after receiving multiple threats, according to news reports.
The drawdown is another example of how Royal, along with peers Carnival Corp. and Norwegian Cruise, have sought cash infusions to remain solvent after the industry announced a suspension of operations due to the coronavirus pandemic.
Macy's won't be the last company kicked out of the S&P 500. Judged solely by market capitalization, many companies in the index appear in danger of being kicked out.