UK Retailers Urge Government To Ensure Food Supplies As French Border Shut
Authored by Alexander Zhang via The Epoch Times, British retailers have urged the government to make an urgent effort to prevent prolonged suspension of cross-Channel transport, which they say would disrupt supplies of fresh produce to UK consumers. To prevent the spread of a new, more transmissible variant of the CCP (Chinese Communist Party) virus from the…
“No Exceptions” – UPS Places Shipping Limits On Major Retailers Amid Online Sales Boom
By Tyler Durden An internal memo reviewed by WSJ and confirmed by United Parcel Service workers outlines how the package delivery company imposed shipping restrictions on major retailers on Cyber Monday as the unprecedented pandemic-fueled online shopping season stretched delivery networks thin. The memo informs delivery drivers that on Cyber Monday, they were not to pick…
Struggling Retailers Owe $52 Billion In Overdue Rent Payments
By Tyler Durden The virus pandemic – with its temporary and permanent store closures, strict social distancing requirements, e-commerce boom, and supply chain disruption – since March has fueled uncertainty among US retailers as many find themselves in a $52 billion hole. Bloomberg, citing new data via CoStar Group Inc., outlines how restaurants, gyms, and…
Struggling Retailers Owe $52 Billion In Overdue Rents
The virus pandemic – with its temporary and permanent store closures, strict social distancing requirements, e-commerce boom, and supply chain disruption – since March has fueled uncertainty among US retailers as many find themselves in a $52 billion hole. Bloomberg, citing new data via CoStar Group Inc., outlines how restaurants, gyms, and other businesses have…