Topics

Demand

Amazon seeks to hire 33,000 people

What slowdown? Amazon seeks to hire 33,000 people

By: Joseph Pisani
Source: The Associated Press
Date of Publication: September 8th, 2020
In the latest sign of how it’s prospering while others are faltering during the pandemic, Amazon said Wednesday it is seeking to bring aboard 33,000 people for corporate and tech roles in the next few months.
Campbell Soup expects sales to fall as lockdowns ease

Campbell Soup expects sales to fall as lockdowns ease

By: Praveen Paramasivam, Richa Naidu
Source: Reuters
Date of Publication: September 3rd, 2020
Campbell Soup Co (CPB.N) on Thursday forecast first-quarter revenue largely above market estimates due to pandemic-buying, but said it expects sales to drop off in the second-half of its fiscal year as people start dining out again, sending shares down 5.5%.
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Virgin Atlantic to cut over 1,000 more jobs as demand languishes

Virgin Atlantic to cut over 1,000 more jobs as demand languishes

Source: Reuters
Date of Publication: September 3rd, 2020
Virgin Atlantic is preparing to cut more than 1,000 jobs after seeing a slower-than-expected recovery in international demand for air travel, Sky News reported bit.ly/3h0II1c on Thursday.
Covid-19 Vaccine Race Turns Deep Freezers Into a Hot Commodity - WSJ

Covid-19 Vaccine Race Turns Deep Freezers Into a Hot Commodity

By: Jared S. Hopkins
Source: The Wall Street Journal
Date of Publication: September 4th, 2020
Drug, logistics and public-health officials assemble a cold-storage supply chain as experimental vaccines approach the end of late-stage testing.
Coffee, donuts and Spic and Span: P&G finds new ways to plug products amid pandemic

Coffee, donuts and Spic and Span: P&G finds new ways to plug products amid pandemic

By: Richa Naidu, Hilary Russ
Source: Reuters
Date of Publication: September 2nd, 2020
Germ-conscious in the pandemic era but still craving a donut and coffee? Procter & Gamble, which has already teamed up with Dunkin’ Brands to promote the use of its cleaning products in restaurants, is looking for more partners — and it’s hoping for a payoff in the grocery store aisle.
Lego sales surge as housebound families turn to play

Lego sales surge as housebound families turn to play

By: Jacob Gronholt-Pedersen
Source: Reuters
Date of Publication: September 2nd, 2020
Sales of Lego jumped 14% in the first six months of the year as families under coronavirus lockdowns spent more time playing together at home, the Danish toy maker said on Wednesday.
Rolls-Royce says demand for luxury cars is recovering

Rolls-Royce says demand for luxury cars is recovering

Source: Reuters
Date of Publication: September 1st, 2020
The chief executive of Rolls-Royce said demand for his company’s luxury cars is rebounding, helped by sales in Asia, and he is optimistic about the outlook for next year after the coronavirus pandemic hit consumer confidence and closed dealerships.
Samsung eyes new opportunities as pandemic ignites demand for home appliances

Samsung eyes new opportunities as pandemic ignites demand for home appliances

By: Joyce Lee
Source: Reuters
Date of Publication: September 1st, 2020
From sanitizing closets to customizable fridges, the coronavirus pandemic has fanned demand for home appliances - so much so that Samsung Electronics Co Ltd (005930.KS) is adding warehouses and bringing popular products to more markets.
Small the new big for hotels post-pandemic, says Oyo CEO

Small the new big for hotels post-pandemic, says Oyo CEO

By: Axel Threlfall, Joshua Franklin
Source: Reuters
Date of Publication: September 1st, 2020
The COVID-19 pandemic will mean holiday-goers will shy away from larger hotels for the foreseeable future in favor of boutiques and home rentals, the CEO of India-based hospitality startup Oyo Hotels and Homes told Reuters.
Coffee, ketchup and Nike Air Max: it's the COVID consumer economy

Coffee, ketchup and Nike Air Max: it's the COVID consumer economy

By: Nick Carey, Richa Naidu, Siddharth Cavale
Source: Reuters
Date of Publication: September 1st, 2020
Instant coffee, ketchup, Lululemon yoga pants and Nike Air Max sneakers are all in. Bottled water, pricey diapers and Burberry luxury trench coats are out.