Retail

Bartolomé Perez has made countless vats of fries and flipped more burgers than he cares to remember in his 30 years of working at a McDonald's in Los Angeles.

In that time, he's joined several strikes to demand higher wages and better benefits for workers. But the stakes felt very different during the coronavirus pandemic.

"We are between life and death," Perez says, speaking in Spanish. "You know that every time you go out, it could be your last ... it could be the most expensive hamburger you make in your life."

As the largest retail chain that remained open during the coronavirus pandemic, Walmart became a huge draw for shoppers. Its sales skyrocketed both in stores and online as people stocked up on food and necessities, as well as supplies to work out, teach, play and work from home.

The retailer says it hired a whopping 235,000 new workers during the health crisis to keep up with big demand at stores and warehouses.

U.S. retailers are looking forward to a strong holiday season this year after new numbers show higher than expected sales for November.

The Commerce Department said Thursday that retail and food sales were up 5.8 percent last month over November 2016, according to advance estimates. And, sales were up a seasonally adjusted 0.8 percent from October of this year.

via Creative Commons Attribution-Share Alike 3.0, Michael E. Cumpston

  After recently filing for bankruptcy a national outdoors products retail chain said Monday they will be liquidating all of their locations. Gander Mountain announced in a release after selling certain assets to RV and camping retailer ‘Camping World.’

With unemployment low and economic growth expected to bounce back from a slow first quarter, consumers are not in bad shape. But it has been an especially terrible year so far for retailers.

Nine U.S. chains have filed for Chapter 11 bankruptcy protection. Store closures are accelerating, and almost 90,000 retail workers have lost their jobs since October.

Experts say the industry's troubles are just beginning.

Payless ShoeSource is closing 400 stores across the country including locations in Hopkinsville, Madisonville, Murray and Paducah.