1. Trends & External Forces

Walmart, Disney among top 12 employers that laid off thousands during the pandemic, House inquiry finds

Written by Posted on Less than 0 min read

A survey by the House Select Subcommittee on the Coronavirus Crisis found the nation’s largest employers laid off thousands between 2019 and 2021.

View Original Article
Post Views: 362
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Channel: Restaurants

Wendy’s prepares to overtake Burger King in breakfast, two years after its nationwide launch

Wendy’s launched its breakfast menu nationwide in early March 2020, just before pandemic lockdowns shuttered dining rooms. View Original Article COVID19 Restaurants Post Views: 421 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
  1. Media & Marketing

QVC is betting on TikTok to help revive its live shopping business

QVC Group, the owner of the QVC and HSN TV networks, is teaming up with TikTok Shop for 24/7 live shopping streams in an effort to revive its business. View Original Article Marketing: Broadcast Marketing: Social Media TikTok Post Views: 60 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized […]
< 1 min read
0
  1. Trends & External Forces

High school kids are vaping less, FDA and CDC say

​[[“value”:”E-cigarette usage among U.S. high school students has fallen as the government pursues aggressive action against companies selling illegal vape products.”]]  View Original Article Government Post Views: 251 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Channel: Restaurants

McDonald’s plans reorganization, job cuts as it accelerates restaurant openings

[[“value”:” In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT Noam Galai ]]  View Original Article Data & Insights Restaurants Post Views: 360 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Department: Consumer Durables

What Cramer says Nike must do to accelerate its turnaround and boost its stock

To keep investors in its corner, Nike has to keep showing progress. View Original Article Dept. Apparel Post Views: 23 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Shopper & Customer

Retail sales rose more than expected in June as consumers remain resilient despite inflation

Advance retail sales were expected to increase 0.9% in June, according to Dow Jones estimates. View Original Article Results & Investment Consumers Economy Post Views: 358 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Corporate Finance

Claire’s sells most of its North American business after filing for bankruptcy

Claire’s announced Wednesday that it is selling most of its North American business in an effort to stave off liquidation after filing for bankruptcy. View Original Article Bankruptcy Post Views: 32 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Technology & Innovation

Chinese tech giants’ push into U.S., Europe’s markets sets up potential clash with Amazon

ByteDance has launched a fashion website called If Yooou while Pinduoduo started an e-commerce site called Temu, selling items from electronics to clothing. View Original Article Technology & Innovation BigTech Dept. Apparel Dept. Nonfood Amazon Post Views: 396 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Uncategorized

How U.S. women’s soccer coach Emma Hayes plans to grow the sport

Women’s national team coach Emma Hayes is looking to redefine soccer in the U.S. View Original Article Post Views: 26 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Channel: Mass

Walmart sells plus-size clothing brand Eloquii, offloading its third digital brand this year

[[“value”:”The sales mark a reversal of a 2017-18 strategy led by Marc Lore, Walmart’s former head of e-commerce.”]]  View Original Article Walmart Strategy Dept. Apparel Post Views: 302 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Associates & Employees

Main Street’s labor problem is weighing on business owners as summer hiring picks up

​[[“value”:”Small business owners are concerned about hiring this summer, as factors including inflation, child care and housing make for a difficult market.”]]  View Original Article Associates Economy Post Views: 1,035 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Shopper & Customer

Retail sales posted unexpected 0.3% decline in May as inflation hammers consumers

Advance retail and food service spending fell 0.3% for the month, below the Dow Jones estimate for a 0.1% gain. View Original Article Dept. Grocery Results & Investment Consumers Economy Post Views: 441 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Channel: Restaurants

Why restaurant chains are investing in robots and what it means for workers

Restaurant chains experimented with automation this year as the labor crunch pressured their profits.[[ Getty Images And on an earnings call this summer, McDonald CEO Chris Kempczinski threw cold water on the feasibility of total automation. “The idea of robots and all those things, while it maybe is great for garnering headlines, it’s not practical […]
< 1 min read
0
  1. Channel: Specialty & Other

Buybuy Baby, a bright spot for Bed Bath & Beyond, reports steep drop in sales against tough comparisons

Bed Bath & Beyond chalked up the sales decline to tough year-over-year comparisons and pointed to initiatives to drive growth in the coming months. View Original Article Bed Bath & Beyond Post Views: 396 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Stores & Formats

As chain stores fail, mall vacancies rise, local business owners score rare real estate offers

Vacancy rates for shopping center leases are high as chain stores fail, allowing locally owned small businesses to score prime real estate deals. View Original Article Pricing & Promotions Brick and Mortar Post Views: 28 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Department: Nonfood

Petco CEO says company’s growth is inflation-proof, as Americans splurge on pets and bigger homes

Petco is trying to grab a bigger piece of the pet market by expanding vet care and private label offerings. KEY POINTS Petco CEO Ron Coughlin said customers don’t pull back on pet spending, even if prices go up and budgets get tighter. The company held its first investor day since returning the public market […]
2 min read
0
  1. Channel: Mass

Who needs another subscription service? Walmart is betting its millions of customers do

Walmart+ members tend to be more affluent than the average Walmart shopper, but 1 in 4 members receives government-provided food assistance. View Original Article Walmart Dept. Grocery Marketing: Loyalty & Subscription Government Shoppers Post Views: 350 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
5
  1. Data & Insights

Activist investor Nelson Peltz’s Trian won’t pursue Wendy’s takeover

[[“value”:” In this article WEN Follow your favorite stocksCREATE FREE ACCOUNT David Paul Morris ]]  View Original Article Data & Insights Post Views: 347 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Trends & External Forces

Federal prosecutors ask judge to postpone SEC case in alleged New Jersey deli stock fraud

Federal prosecutors want the SEC to postpone their civil case against the suspects behind the $100 million New Jersey deli. View Original Article Dept. Deli Dept. Fresh Prepared Legal & Criminal Government Post Views: 323 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Uncategorized

Peloton founder John Foley calls recent events ‘humbling,’ as cycle maker looks to redefine itself

“We own it. I own it. And we are holding ourselves accountable,” Peloton founder John Foley. “That starts today.” View Original Article Post Views: 460 CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by […]
< 1 min read
0
Next