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U.S. Retail Sales Fall Record 16% in April

u.s. retail sales

U.S. retail sales fell 16.4 percent from March to April, as many cities and states enacted stay-at-home orders to stem the spread of COVID-19 in the country. The 16 percent drop seen in April nearly doubles the sales slowdown seen …

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Canadian Headlines for Retailers: May 18

canadian headlines

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. How Provinces Plan to Reopen A sense that …

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Get Paycheck Protection Program Answers

paycheck protection program answers

Though Paycheck Protection Program funds are still available to small businesses struggling amid economic hardships brought on by COVID-19, some borrowers and lenders are concerned about ambiguous terms of the loans. In an effort to help answer small business owners’ …

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COVID-19 Updates for Canadian Retailers: May 11

canadian headlines

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. Ontario Eyes Curbside Pickup as Quebec Reopens Ontario …

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Paycheck Protection Program Funds Still Available

paycheck protection program

Paycheck Protection Program loans are still available to small businesses struggling with the economic downturn caused by COVID-19. Since its start on April 3, the Paycheck Protection Program has delivered more than 3.8 million loans to small businesses through two …

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U.S. Unemployment Rate Hits 14.7%

The U.S. economy lost 20.5 million jobs in April, as many businesses either curtailed service or closed their doors indefinitely amid COVID-19. The decline in jobs is the largest since the government began recording employment data in 1939, reports CNN. …

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