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Tag: millions

Restaurant chains that received millions in PPP loans during coronavirus crisis

A statue of a horse stands at the entrance to a P.F. Chang’s restaurant in Schaumburg, Illinois. Scott Olson | Getty Images Large restaurant chains once again received millions in loans from the Paycheck Protection Program, according to data released Monday by the Small Business Administration.  Businesses in the accommodation and food services sector received more …

Restaurant chains that received millions in PPP loans during coronavirus crisisRead More

‘Millions still need cash’: UK project aims to preserve use of physical currency | Business

Allison Taylor had a cash-only policy when she first opened the Pastiche gift shop on Ampthill’s high street 26 years ago, but the steady loss of ATMs and bank branches have made it harder to keep coins and notes flowing through the Bedfordshire town. “We had plenty of cashpoints, including across the road, and now …

‘Millions still need cash’: UK project aims to preserve use of physical currency | BusinessRead More

Video games sales soar as coronavirus leaves millions trapped at home

Gamers line up for a copy of Animal Crossing video game outside an EB Games store on Yonge St., in downtown Toronto despite requests to self-distance and stay home. Andrew Francis Wallace | Toronto Star via Getty Images Sales of the latest video games have smashed records as millions are stuck at home after governments around …

Video games sales soar as coronavirus leaves millions trapped at homeRead More

Millions to need food aid in days as virus exposes UK supply | World news

Millions of people in the UK will need food aid in the coming days, food charities are warning, as the coronavirus outbreak threatens to quickly spiral into a crisis of hunger unless the government acts immediately to reinvent the way we feed ourselves. In just a few weeks, experts say, the pandemic has exposed the …

Millions to need food aid in days as virus exposes UK supply | World newsRead More

India lockdown throws online delivery out of gear, millions cry

In an unprecedented crisis despite Prime Minister Narendra Modi assuring the continuation of essential services like food and groceries, online marketplaces like Flipkart and Amazon along with delivery platforms like Bigbasket, Grofers and FreshToHomes hit a major blockade on Wednesday as local authorities shut warehouses and sent delivery boys back, even harassed them. Millions of …

India lockdown throws online delivery out of gear, millions cryRead More

Walmart saves millions of dollars each year by making these small changes

Because of its scale as the world’s biggest retailer, Walmart can save millions of dollars by making even the slightest tweaks to how it runs its business. It will save $60 million annually by changing its process for buying shopping bags, CFO Brett Biggs said Tuesday, during a meeting with investors in New York. It …

Walmart saves millions of dollars each year by making these small changesRead More

Mike Ashley spent millions on private flights as profits fell 80% | UK news

Mike Ashley spent millions of pounds on flights by helicopter and private jet as his company’s annual profit fell 80%, the latest accounts show. The Sports Direct owner’s family also received more than £100,000 of hospitality at Newcastle United, Ashley’s football club. Ashley’s spending was revealed in the annual accounts for Mash Holdings, through which …

Mike Ashley spent millions on private flights as profits fell 80% | UK newsRead More

Why Amazon returns cost millions and how Kohl’s is helping

Returns cost companies millions and create billions of pounds of waste. Now, Amazon is making the process more efficient in hopes of enticing customers with easy returns. Forrester Research estimates 25% of items bought online are returned, with $207 billion in returned commerce goods expected this year. Amazon was dumping millions of pounds of this …

Why Amazon returns cost millions and how Kohl’s is helpingRead More