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COVID-19 Disrupts Leisure In US, But China Expects ‘Revenge Travel’ Boost

PYMNTS

New York City, in one case, is calling off festivals, concerts, and nonessential gatherings through May and potentially June while the city aims to reduce COVID-19 infection rates, CNBC reported. New COVID-19 hospitalizations in New York City fell from 386 on Tuesday to 329 on Wednesday.

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Grubhub Offers Eateries $30M In Promo Support During COVID-19

PYMNTS

Chicago-headquartered delivery unicorn Grubhub said it will spend $30 million to help support more than 100,000 independent restaurants and regional franchises as the coronavirus pandemic changes everyday life, the company announced on Thursday (April 2). Grubhub is donating its services to oversee the ordering and delivery operation.

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What To Make Of The Gradual Return Of The In-Office Workforce

PYMNTS

But not every city is San Francisco, and when one looks at a place like Dallas-Fort Worth, which has led the nation for the last two months in the number of workers returning to their offices, the story is a bit different. Nationally, however, the reality seems to be somewhere between San Francisco and Dallas.

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Amazon Sets Sights On Southeast Asia

PYMNTS

The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. Southeast Asia certainly has the population Amazon seeks in its international investments: The region is home to over 600 million consumers.

Regional 148
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Shellfish Industry Tries DTC Strategy

PYMNTS

As it slowly starts to recover from the devastating losses of the restaurant business during the early days of the pandemic, shellfishing companies in the region are now trying to find new ways to get their product to market. In New York City, indoor dining is still closed. The way I see it, people want real food.

Industry 157
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CRE risk management: Navigating hazards and opportunities

Abrigo

Use portfolio risk management tools, which make it easier to continue supporting local and national economies prudently. The point is this: There’s a lot of these surveys, and when you read them, they are New York City, San Francisco, Chicago. Certainly, one asset class, the regional mall, is quite dead,” Kirby said.

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American Apparel And Postmates Pair Up

PYMNTS

“The combination of American Apparel’s real-time, local inventory paired with Postmates’ superior delivery technology and national footprint is changing the way customers can access their favorite brands,” Luedorf said in a statement.