INSIDER
Pandemic highlights big box stores' ability to pivot
Read full article: Pandemic highlights big box stores' ability to pivotNEW YORK Late last year, Best Buy began testing curbside pickup at select stores as a way to respond to customer needs. Macys sales were down 45% and the company says it could have a loss of at least $1 billion in the quarter. Still, it shows how the pandemic is deepening the divide between big box stores and mall-based clothing chains. Target's CEO Brian Cornell said its stores were directly involved in supplying goods for 80% of online sales. It expects another 80 Macys stores to open for Memorial Day weekend and most of its stores, including its flagship stores in Manhattan, to open in mid-June.
Asian shares mixed as virus worries counter recovery hopes
Read full article: Asian shares mixed as virus worries counter recovery hopesAsian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. (AP Photo/Ahn Young-joon)TOKYO Asian shares were mixed Wednesday as market players waffled between hopes for recovery as economies gradually reopen and worries over the havoc wreaked by the pandemic. A late-day slide erased early strength in technology stocks and companies that rely on consumer spending. Investors are betting that the economy and corporate profits will begin to recover from the coronavirus pandemic as the U.S. and countries around the world slowly open up again. In other dealings, benchmark U.S. crude oil fell 4 cents to $31.92 a barrel in electronic trading on the New York Mercantile Exchange.
Here are the best Memorial Day deals stores are offering online in Michigan
Read full article: Here are the best Memorial Day deals stores are offering online in MichiganDETROIT Memorial Day is quickly approaching, and for Michigan retailers, that means its time to slash prices and move inventory, even with many stores closed in the area. Local 4s Help Me Hank took a look at the best deals he could find. Click here to view the Memorial Day deals. All the deals are on Dell.com, with some laptops up to 50% off through Memorial Day. AmazonAmazon has big deals through Memorial Day, including earbuds for 73% off, or $37.98.
Help Me Hank: Bridesmaid rescue, baby product recall, student loan debt scam
Read full article: Help Me Hank: Bridesmaid rescue, baby product recall, student loan debt scamYou can find it on our Help Me Hank Facebook page. This week, we were able to help a group of bridesmaids who were left in the lurch by a local shop. More than 42 million Americans are paying back student loan debt, which totals up to $1.5 trillion. In the biggest fine for a tech/social media company ever, Facebook was fined $5 billion by the FTC. The FTC is also enforcing stricter laws on privacy for Facebook and all the other apps the company owns.