| What an Amazon-J.C. Penney Deal Could Mean for Retail Real Estate Amazon could be the next owner of embattled J.C. Penney, and experts say the transaction would be less focused on the bankrupt department store’s business and more on its real estate. The e-commerce giant in recent weeks is said to be considering a purchase of the department store, which filed for chapter…» |
| It’s a New Scene for Grocery Shopping as Pandemic Changes Behaviors The arrival of coronavirus in the United States upended Americans’ grocery shopping habits, triggering more store visits and online purchases as consumers tried new ways of shopping and shifted to eating at home, according to the FMI-The Food Industry Association’s annual U.S. Grocery Shopper…» |
| Walmart Among Retailers Playing ‘Truly Essential’ Role During COVID-19 Three retail giants rank among the top 10 companies that played a truly essential role during the COVID-19 crisis. The Harris Poll released The Harris Poll Essential 100, a ranking of corporate response to the COVID-19 pandemic. Americans said 100 leading companies played a truly essential…» |
| Mortgage Rates Tumble to an All-time Low The average rate for a 30-year conforming fixed-rate mortgage fell to a record low of 3.1%, on Thursday, according to data from Optimal Blue. It came after a rocky ride that saw rates jump to a one-month high on the previous Friday, the day the government issued a report saying the jobless…» |
| Unemployment Claims in Arizona Decline, Still High Arizona employers continue to lay off workers even with the end of restrictions that Gov. Doug Ducey placed on individuals and businesses. New figures from the Arizona Department of Economic Security show that 23,037 individuals filed for first-time jobless benefits in the past week…» |