Retail and wholesale sector performance

A man wearing a mask walks by a window display at a J Crew store in Rockefeller Center, Saturday, May 2, 2020, in New York. On April 30, the company announced it would apply for bankruptcy protection amidst the COVID-19 pandemic. (AP Photo/Mark Lennihan)
May 04, 2020 - 2:15 pm
NEW YORK (AP) — Struggling fashion brand J.Crew has filed for bankruptcy protection, the first major retailer to do so since the coronavirus pandemic forced most stores across the United States to close their doors. More retail bankruptcies are expected in coming weeks, with Neiman Marcus and J.C...
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Volkswagen cars stand at a parking area during the production restart of the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany, Thursday, April 23, 2020. Volkswagen starts with step-by-step resumption of production. The car company are completely converting the plant in Zwickau from 100 percent combustion engine to 100 percent electric. (AP Photo/Jens Meyer)
April 23, 2020 - 6:40 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the global economy, the work place and the spread of the virus. ________________________ ALTERED STATE OF RETAIL: Retail stores are largely closed across...
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In this April 16, 2020 photo people line up to purchase Pennsylvania made liquor at Pennsylvania Libations in Pittsburgh's Strip District. The Pennsylvania liquor control board closed the Pennsylvania state-owned stores that retail nearly all of Pennsylvania's liquor in March, driving up demand from the state's distilleries, which have been allowed to continue production and sales, although some report stockpiles are rapidly drying up. (AP Photo/Gene J. Puskar)
April 19, 2020 - 11:58 am
HARRISBURG, Pa. (AP) — The unparalleled decision a month ago to close the state-owned stores that sell nearly all of Pennsylvania's liquor and much of its wine prompted some people to drive across state lines to stock up, risking a misdemeanor charge. Although Ohio, West Virginia and Delaware have...
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In this , Friday, April 17, 2020 photo junior director Christine Lang of the "Wernecker brewery" stands in the brewhouse of the brewery in Werneck, Germany. Due to the impact of the coronavirus the traditional brewery has to close 400 years after its foundation. (AP Photo/Michael Probst)
April 19, 2020 - 9:07 am
WERNECK, Germany (AP) — The Werneck Brewery has survived a lot: world wars, economic crises and decades of declining beer consumption. But after 400 years in existence it has finally met a challenge it can't overcome: the coronavirus outbreak. The brewery, which traces its history to 1617 and has...
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In this April 15, 2020 photo, people wear facemasks to protect against the spread of the new coronavirus cleans as they ride an escalator at a shopping mall in Beijing. China has reported its biggest economic decline since the 1970s as it fought the coronavirus in the first quarter of the year. (AP Photo/Mark Schiefelbein)
April 17, 2020 - 5:00 am
BEIJING (AP) — China faces a drawn-out struggle to revive an economy that suffered its biggest contraction since possibly the mid-1960s after millions of people were told to stay home to fight the coronavirus. The world’s second-largest economy shrank by 6.8% from a year earlier in the quarter...
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President Donald Trump listens during a briefing about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 16, 2020, in Washington. (AP Photo/Alex Brandon)
April 16, 2020 - 11:33 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Chinese police arrest 42 for mask production...
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Chicago Police officer Cheryl Clark, right, greets co-workers while she is waiting to get vital PPE from the World Vision in Chicago, Wednesday, April 15, 2020. One of Chicago's first responders World Vision is supplying personal protective equipment (PPE) for hundreds of members in the Chicago Police and Fire Departments and the Cook County Sheriff's Office at the World Vision Storehouse. (AP Photo/Nam Y. Huh)
WBEN Newsroom
April 15, 2020 - 10:59 pm
WASHINGTON (AP) — Government relief checks began arriving in Americans’ bank accounts as the economic damage to the U.S. from the coronavirus piled up Wednesday and sluggish sales at reopened stores in Europe and China made it clear that business won’t necessarily bounce right back when the crisis...
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Cars are parked in an auto dealer lot Wednesday, April 15, 2020, in Green Park, Mo. U.S. retail sales recorded a record drop in March, with auto sales down 25.6%, as the coronavirus outbreak closed down thousands of stores and shoppers stayed home. (AP Photo/Jeff Roberson)
April 15, 2020 - 5:32 pm
WASHINGTON (AP) — Evidence of the coronavirus' devastating impact on the U.S. economy has been steadily emerging, and the signs have grown ominous. Sales at stores and restaurants plunged in March by the largest amount on records dating back to 1992. The nation's industrial output fell by the...
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A nearly deserted street at the Village Pointe shopping mall is seen in Omaha, Neb., Wednesday, April 15, 2020. U.S. retail sales plummeted 8.7% in March as the coronavirus outbreak forced an almost complete lockdown of commerce. (AP Photo/Nati Harnik)
April 15, 2020 - 3:06 pm
WASHINGTON (AP) — The Federal Reserve is noting what most Americans are already acutely aware of: Economic activity contracted sharply and abruptly cross all regions of the country in recent weeks as the country locked down to combat the coronavirus pandemic. The Fed said Wednesday that the hardest...
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FILE - In this Oct. 14, 2019 file photo a Bank of America logo is attached to the exterior of the Bank of America Financial Center building, in Boston. Bank of America Corp. reports financial results Wednesday, April 15, 2020. (AP Photo/Steven Senne, File)
April 15, 2020 - 12:11 pm
NEW YORK (AP) — The major banks in the U.S. are anticipating a flood of loan defaults as households and business customers take a big financial hit from the coronavirus pandemic. JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Goldman Sachs raised the funds set aside for bad loans by...
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