Retail Sales Plummet For Second Month In A Row, Lower Than Expected With Holiday Shopping Underway
THOMAS CATENACCI CONTRIBUTOR The U.S. reported lower than expected retail sales in November, marking the second straight month the figure decreased even as the holiday shopping season began. Retail sales totaled $546.5 billion in November, a 1.1% drop from October’s figures, according to a Wednesday Department of Commerce report. Economists had projected retail sales to decrease by […]
Governor Believes Businesses Can be Toggled On and Off Like Light Bulbs
By Susan Evers Apparently Governor Newsom believes that businesses can reopen on a dime. Problem is they are running out of dimes as evidenced by what I witnessed today at the Thousand Oaks Mall. I went there on my lunch break, having heard they were given the okay to reopen indoor malls. A ghost town. […]
Remodeled Spectrum Store Now Open in Ventura
Charter Communications, Inc. announced today the opening of a newly remodeled Spectrum Store in Ventura. The Spectrum store gives consumers in the Ventura area a convenient option for adding or managing their Spectrum Internet®, TV, Mobile or Voice services. “Our Spectrum stores team is here to help our local customers who need support in getting […]
Gap Planning to Reopen Hundreds of Stores in Coming Weeks
BY ZACHARY STIEBER Up to 800 Gap stores will reopen in the coming weeks, the company announced Wednesday. The first stores will open in Texas this weekend. Hundreds of others will welcome customers before the end of the month. Gap stores include Old Navy, Gap, and Banana Republic. A slew of changes are being implemented by the […]
Retail, manufacturing will be among first to reopen when California alters stay-at-home order
BY SOPHIA BOLLAG Retail establishments, manufacturers, offices that can’t operate remotely and public spaces will be in the first wave of workplaces to reopen in California, but the state isn’t yet ready to make that move, Gov. Gavin Newsom said Tuesday. “We believe we are weeks, not months away from making meaningful modifications,” Newsom said, […]
Bed Bath & Beyond’s New CEO Fires Most of His Executive Circle: Reports
BY JACK PHILLIPS In the midst of the holiday shopping season, the new CEO of Bed Bath & Beyond laid off most of his executive suite, according to news reports on Tuesday. The move comes weeks after the company announced it would close down dozens of stores across the United States. The firm announced six members of its […]
The ACUNA Arts Collective Team (AACT) Project in Downtown Oxnard
by Armando Vazquez The concept of providing multiple commercial business space in one large building or adjacent building is not a novel idea. Putting together public and non-profits together in a multiservice building has been around for a while as well. What is unique about our idea of opening public space for public […]
Walmart Tries To Keep Pace With Behemoth Amazon, Expands Unlimited Grocery Delivery
MATT M. MILLER CONTRIBUTOR Walmart announced Thursday it is expanding its unlimited grocery delivery subscription service over the fall, as it joins the race against delivery companies like Amazon. The service will charge subscribers an annual fee of $98, or a monthly fee of $12.95 for same-day grocery delivery, requiring a minimum order amount […]
Supreme Court Decides Wayfair Online Sales Tax Case
Joseph Bishop-Henchman The U.S. Supreme Court today handed down its anticipated decision in South Dakota v. Wayfair. The case challenges South Dakota’s application of its sales tax to internet retailers who sell into South Dakota but have no property or employees in the state. At issue is the case Quill Corp. v. North Dakotafrom 1992, […]
What Recovery? These Calif. Retailers On Verge Of Bankruptcy, New Moody’s Report Says
. . By Stephen Frank On a national level, retailers are going belly up. What about California? We can tell it is already happening here. So far this year, the State Controller is reporting that income and corporate tax revenues, along with sales tax revenues, are down by over $1 billion. That shows the slowdown […]
