Tag: good

Stocks week ahead: This bond market took off in 2020. And it’s all for a good cause

What’s happening: Social bonds have raised more than $163 billion this year, more than 10 times the $13 billion raised in 2019, according to a report from law firm Linklaters. The coronavirus pandemic has been the primary driver of the exponential growth in the asset class.

“Social bonds emerged as a useful tool in the fight against the pandemic by mitigating the socio-economic impact of the crisis,” said Linklaters capital markets partner Richard O’Callaghan.

The European Union was the largest issuer of social bonds, raising $47.3 billion across five deals. Other major fundraisers included the Asian Development Bank, as well … Read More

Online Grocery Shopping Will Continue Post-COVID Says Data From Online Grocer Good Eggs

Yesterday Good Eggs announced the results of a nationwide grocery shopping survey conducted in August, 2020, amongst 2,598 consumers beyond their own customers and operating geography in the San Francisco Bay Area.

Results showed that two-thirds of people have bought groceries online, compared to only 13% of households surveyed one year ago (August 2019, by Brick Meets Click), representing a five-fold increase. The bigger news—and opportunity—is

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Shoe repair stores used to be a good way to make a living. Then, the pandemic sent corporate workers home.

He had regulars for decades and tourists always boosted his business. These days, hardly any clients trickle in. On a recent morning, the customers who did come asked how he was doing and wished him well.

Chris Burnett, who works in finance, made a trip to Rockefeller Center just to go to Eddie’s. Burnett, 35, used to come to the store often.

“I would bring my boss in here when he was in town,” he said, adding that to see the place so empty was shocking. “There would be eight guys lined up, and we couldn’t even get a spot

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Shopping online? That deal or gift exchange may be too good to be true

FORT MYERS, Fla. – In downtown Fort Myers, it’s beginning to look a lot like Christmas. First Street is lined with colorful decorations.

But at Enjewel Boutique, owner Tim Ferguson isn’t yet seeing a holiday rush.

“Well, definitely sales are down,” Ferguson said. “We’re not seeing as many shoppers.”

Early returns show in-store shopping on Black Friday in the U.S. wasn’t good – down more than 50 percent from last year. 

The COVID-19 pandemic is causing more people to turn to laptops instead of the mall. But beware – your money could be at risk when shopping online.  

“Eighty-one percent

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Good News for Mall Owners: J.C. Penney Rescue Deal Nears Completion

For the past few months, bankrupt department store chain J.C. Penney (OTC:JCPN.Q) has been in a race against the clock to sell itself before the holiday season. Management and lawyers for the company fear that an extended stay in bankruptcy could cause lenders to lose patience and demand a liquidation: a fate that has befallen several other prominent retailers in recent years.

However, J.C. Penney now appears to have cleared the last major hurdle preventing a sale of its retail operations to Simon Property Group (NYSE:SPG) and Brookfield Property Partners (NASDAQ:BPY). That’s a

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