Tag: pandemic

U.S. small businesses face mass closures without more pandemic aid

By Ann Saphir and Jonnelle Marte

OAKLAND, Calif./NEW YORK (Reuters) – After surviving two strokes at age 27, Olivia Colt threw herself into starting a catering business, a lifelong dream. Ten years and another stroke later, she had built Salt & Honey Catering Plus Events into a thriving operation in downtown Oakland.

Now with the coronavirus pandemic forcing cancellations of her customers’ weddings and events, she has slashed her staff from 25 to six and tried to drum up new business by selling groceries online. She secured a $100,000 forgivable loan under the U.S. Paycheck Protection Program (PPP) and another

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What People Are Shopping for Now, Months Into a Pandemic

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As the coronavirus pandemic drags on, online shopping habits continue to evolve.

Even with the easing of lockdown measures in most U.S. states (with some now reverting), a lot of people are still investing in staying at home, according to trends seen by media companies with large or growing affiliate businesses. This includes Wirecutter, owned by The New York Times; Vox, which owns New York Magazine and The Strategist and The Cut verticals; and Condé Nast, which is increasingly focused on affiliate revenue.

“I think we’ve reached a different stage, where it

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3 New York City businesses on what it’s been like reopening in the first U.S. epicenter of the pandemic

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New York City quickly became the epicenter of the COVID-19 pandemic in the United States this past spring. As the novel coronavirus has spread rapidly elsewhere nationwide, New York has been able to bring cases down and began to reopen businesses this summer, making it a possible blueprint for other American cities once they have the virus under control.

Anyone who has ventured out to a store or small business that is not a grocery store or a pharmacy

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Florida lawyers offering free living wills to teachers returning to school during the pandemic

A number of Florida lawyers are offering free or discounted living wills for teachers who may be required to return to the classroom this school year.

“I had read a story a few weeks ago about three Arizona teachers who’d gone back to school to work on a project,” said Charles Gallagher, whose St. Petersburg law firm, Gallagher & Associates, is among those offering teachers free living wills. “All three contracted COVID-19 and one died.”

Gallagher said he was “taken aback by the story” and he wasn’t the only one, as advocates are now warning about the risks of sending

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‘A scary number’ of retail companies are facing bankruptcy amid the coronavirus pandemic

This story has been updated.

COVID-19 continues to squeeze the life out of retail.

On Tuesday, regional retailer Paper Store filed for Chapter 11. The operator of 86 stationary and card stores in the Northeast said it’s looking for a buyer.

New York & Co. parent company RTW Retailwinds filed for Chapter 11 bankruptcy protection on Monday after years of growing irrelevance in malls. The women’s apparel company — which changed its name to the bizarre RTW Retailwinds as part of a rebranding in 2018 — operates 378 outlet and and mall-based stores across 32 states.

It may close all

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