Ranked: The Fastest Growing and Declining Retail Brands
The COVID-19 outbreak has led to the savage disruption of retail the world over. Almost overnight, foot traffic in physical stores disappeared, and supply chains were left scrambled. Now at a major fork in the road, many retailers are forced to make tough decisions that were completely unforeseen. While some global retail giants are laying down their weapons and filing for bankruptcy, others are innovating to save themselves, serving their customers in new and unexpected ways
This is how Americans are spending their stimulus checks
When Americans received stimulus checks during the Great Recession, studies indicated many spent at least of portion of their money on cars. During the 2008 stimulus program, up to 90% of the rise in durable good spending had to do with auto spending, according to previous research by the American Economic Association. (At that time, the government paid an individual between $300 and $600 and couples received between $600 and $1,200. The government paid $300 per child as well
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