Monthly Archives - May 2020

America's century-old retail giant files for bankruptcy, more retailers may follow

America’s century-old retail giant files for bankruptcy,more retailers may follow

America’s century-old retail giant files for bankruptcyA novel coronavirus pandemic has pushed struggling department store chain JCPenney inc. into bankruptcy protection, foreign media said. It is the fourth major U.S. retailer to suffer that fate. The 118-year-old company said late Monday that it would close some stores as part of its restructuring plan. The stores will be closed in stages throughout the bankruptcy process, with details of the first phase to be disclosed in the coming weeks, the company said. JC Penney [...]

J.C. Penney

Wal-Mart, Home Depot,Costco Wholesaleand other retailers in the fourth quarter and full-year 2019

1. Walmart Inc.Net sales in the fourth quarter were US $ 140.6 billion, compared with the US $ 137.7 billion in the same period last year. Total revenue for the quarter was 141.7 billion US dollars, compared with 138.8 billion US dollars in the same period last year. Net profit for the quarter was $ 4.141 billion, compared with $ 3.687 billion in the same period last year. Net sales in the fiscal year were 519.9 billion US dollars, compared [...]

American media said our government's response to the pandemic was a state-sanctioned massacre

American media said our government’s response to the pandemic was a state-sanctioned massacre

Us media said our government’s response to the pandemic was a state-sanctioned massacre, Trump’s new policy on e-commerce The website called Pompeo a dog of trump’s who attacked other countries, essentially playing politics and trying to deflect criticism of the Trump administration’s handling of the outbreak.A 56-foot billboard titled “trump death clock” appeared in New York’s times square on Monday. It said the clock was showing US President Donald Trump appeared at a press conference on the outbreak again two weeks [...]

California's state and local counties have their own views on the difficulties of restarting America's economy.

California’s state and local counties have their own views on the difficulties of restarting America’s economy

Trump calls for ‘economic reset as soon as possible’The total number of confirmed COVID 19 cases in us exceeded 1.15 million and the death toll exceeded 67,000 on Wednesday. US President Donald Trump said again that “the economy must be restarted as soon as possible”. Trump held an “online convention” at the Lincoln Memorial in Washington that night to answer questions from voters. “We have to restart the economy as quickly and safely as possible,” he said, as some people [...]