high

British high street reeling as another 5,000 jobs go

By Kate Holton

LONDON (Reuters) – Two of the biggest names on the British high street said they would cut more than 5,000 jobs on Thursday after conceding that customers were unlikely to return to their old ways after the COVID-19 crisis upended retail.

Health and beauty chain Boots, owned by Walgreens Boots Alliance <WBA.O>, said it would cut 4,000 jobs and close 48 optician stores after shopper numbers plunged 85% in April at the height of the coronavirus lockdown.

John Lewis, middle England’s favourite department store, said it would close eight stores and lose a possible 1,300 jobs after it predicted that online sales would make up to 70% of its total sales this year and next, from 40% prior to the crisis.

“Closing a shop is always incredibly difficult,” said Sharon White, chairman of the John Lewis Partnership. “However, we believe closures are necessary to help us secure

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Current Volume Level Is Likely Unsustainable, But Just How High Can We Expect Throughput To Be Post-Fourth?

This week’s DHL Supply Chain Pricing Power Index: 55 (Carriers)

Last week’s DHL Supply Chain Pricing Power Index: 50 (Balanced)

Three-month DHL Supply Chain Pricing Power Index Outlook: 60 (Carriers)

The DHL Supply Chain Pricing Power Index uses the analytics and data contained in FreightWaves SONAR to analyze the market and estimate the negotiating power for rates between shippers and carriers.

Volumes have continued to burst all around the country this week. Carriers are rejecting loads at rates only seen during the March panic-buying spree buildup. Spot rates have been bid up above 2019 levels in many markets around the country, but this trend is unlikely to continue given typical seasonality. However, volumes are so high currently that a significant decline could still keep OTVI above 2018/2019 comparables. 

The Pricing Power Index is based on the following indicators:

Load volumes: Absolute levels and momentum positive for carriers

Outbound tender volumes

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Restaurants face high fees from delivery apps. Uber buying Postmates will make it worse.

Restaurants face high fees from delivery apps. Uber buying Postmates will make it worse.
Restaurants face high fees from delivery apps. Uber buying Postmates will make it worse.

Nobu Shiozawa is determined to get customers his restaurant’s homemade tofu and sushi without using delivery apps such as Uber Eats, Grubhub, DoorDash, and Postmates.

That’s not easy these days. Thanks to COVID-19, New York City banned restaurant dining in March. So Shiozawa, who owns and manages in New York City, uses his own small crew to avoid high commissions from the apps, usually .

“If I start using the food delivery service providers during the pandemic, the number of orders and the amount of sales would be increased,” he admitted.

But then he would have to hire more workers to handle the extra orders, which was hard for him to justify with the high fees and the fact he cut more than 60 percent of his staff after the pandemic started.

Image: Nobu Shiozawa

Image:

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The Best High School Movies to Make You Feel All the Nostalgic Feels

Photo credit: Abby Silverman
Photo credit: Abby Silverman

From Cosmopolitan

From football games to lunchroom fights to ruthless competition for the title of prom king or queen, high school is filled with enough angst and Hollywood-level theatrics to keep things interesting year after year—and movie after movie. Who doesn’t love watching a coming-of-age melodrama filled with actors who are not-so-secretly well above the legal drinking age? Makes me wonder where all the guys with chiseled jawlines and good style were when I was in school, but that’s beside the point.

Sure, some high school movies tend to be a little, shall we say, larger than life—I mean, how many high schoolers just happen to find out they’re royalty à la Princess Diaries? But who cares! Watching all of those extremely complicated friendship (and romantic) dynamics play out on the big screen is like a familiar (albeit slightly triggering) hug. From oldies like Sixteen

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High Risk for Coronavirus | Protect Yourself

Consumer Reports has no financial relationship with advertisers on this site.

As the COVID-19 pandemic continues unfolding around the globe, people who are at higher risk for severe disease need to take special care.

COVID-19 appears to cause mild to moderate symptoms in most people who are infected. And some people seem to have no apparent effects from the virus.

But the older you are, the greater your risk for hospitalization, admission to an intensive care unit, being placed on a ventilator, and death, according to new guidance from the Centers for Disease Control and Prevention. 

For instance, people in their 50s are at higher risk than those in their 40s, and those in their 60s and 70s are at greater risk than those in their 50s, the CDC says. People 85 and older are at the greatest risk. (In the U.S., about 8 in 10 deaths from COVID-19 are

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Broadway closed until 2021; high price set for promising drug; Fauci optimistic of vaccine by year’s end

Broadway stages will remain dark through 2020 amid a national boom in coronavirus cases, but the nation’s leading infectious diseases expert remains “cautiously optimistic” that a vaccine could be widely available by year’s end.

And a drug company’s steep price for remdesivir, a drug that has proved to shorten recovery times for severe COVID-19 patients by about 31%, is drawing criticism.

Nashville, Tennessee, is requiring masks as of Monday. San Francisco Mayor London Breed halted its plans for businesses that were scheduled to reopen Monday. In Arizona, the mayor of one town said he has no plans to cancel a slew of upcoming summer events or require masks despite a boom in cases in his state.

“It is somewhat alarming how many expect and almost invite a more drastic infringement on their freedoms,” Eagar Mayor Bryce Hamblin said in a statement. “My response from the onset of COVID-19 pandemic has

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How to Register for Dior x Nike Jordan 1 OG High & Low: Microsite Launched Today

Click here to read the full article.

Dior launched the microsite today where you can register to buy its limited-edition Air Jordan 1 OG Dior sneakers that collectors all over the world over have been awaiting with bated breath.

Participants must select just one boutique and register only once for their desired style and size. They can choose to register for either the Air Jordan 1 High OG Dior sneaker or the Air Jordan 1 Low OG Dior sneaker, selecting their size and preferred pick-up location.

More from Footwear News

Pop-ups will now take place shortly in London (UK) and Chengdu (China). For other markets including key U.S. locations such as New York, Los Angeles, Miami, Las Vegas; in Paris, Milan, Dusseldorf, Moscow and Dubai in the EMEA region; plus multiple locations in Japan, Asia and Australia including Hong Kong, Seoul, Singapore, Sydney, Tokyo and Bangkok, pick-up locations will be

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