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Day: March 30, 2020

Small businesses make tough calls while waiting on government loans

Jeanie Wright was planning for a year of major growth in 2020 with her confection business, Alaskan Sweet Thing’s. The company makes gourmet taffy, popcorn, fudge and more from glacier water, selling online and at its retail location. A big part of her business comes from tourists traveling to Alaska, as the state has become …

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My knight in shining armour | Letters | World news

Food has become a major issue for us all and, as an 80-year old, I have been unsuccessful in securing home deliveries from local supermarkets, and I am now exhorted not to shop at all. To my rescue came a knight in shining armour, in the form of John Vincent, co-founder of Leon restaurants. I …

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Container Store thinks Next Generation

The Container Store has unveiled a reimagined flagship store in Dallas focused on its Next Generation concept of personalized customer service. Complete with a different architectural design and digital resources, the retailer used consumer research to create a space that balances digital innovation and experience. Research was conducted by architectural firm FRCH Design Worldwide and digital agency MJD, …

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NRAI urges mall owner to waive rents for restaurants till June

Hit by the coronavirus crisis and the nation-wide lockdown, the National Restaurant Association of India (NRAI) has urged landlords in the food and beverage (F&B) or restaurant industry to waive their rents and the common area maintenance charges till June or till the lockdown lasts. In an open letter to the landlords in the food …

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Yum Brands CEO to forgo 2020 salary to fund general manager bonuses

David Gibbs Stefanie Smith | CNBC Yum Brands said Monday that CEO David Gibbs will forgo the rest of his base salary in 2020 to fund one-time $1,000 bonuses to the company’s nearly 1,200 restaurant general managers across KFC, Pizza Hut, Taco Bell and The Habit Burger Grill.  His salary will also help fund the Yum …

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Hammerson shop rent takings down two thirds | Business

Hammerson, one of Britain’s biggest shopping centre owners, was paid only about a third of the quarterly rent it was due last week as cash-strapped retailers struggled to survive the coronavirus crisis. The company, which owns the Bullring in Birmingham and Brent Cross in London, said it had been deluged with requests for rent deferrals, …

Hammerson shop rent takings down two thirds | BusinessRead More