Latest Coronavirus: Target Sales Rise As Stimulus And Reopens Fuel Spending

The United States has distributed more than 275 million doses of coronavirus vaccine since the start of the deployment, inoculating nearly half of all Americans. The latest data from the Centers for Disease Control and Prevention showed that 158 ​​million Americans, or 47.7% of the total population, have received at least one vaccine.

Ukraine’s parliament ousted Health Minister Maksym Stepanov for mismanaging the deployment of the coronavirus vaccine. The country of 42 million people put just under 1 million blows in the arms and with only 27,454 inhabitants having received two doses. Denys Shmyhal, Prime Minister, called on Parliament to remove Stepanov from his government.

Local Texas officials attempting to impose a mask warrant could face a fine of up to $ 1,000, Governor Greg Abbott has announced as part of an executive order banning state government entities . requiring face covers. The ruling applies to counties, cities, school districts, public health authorities and civil servants.

Around 28.5 billion coronavirus vaccines would likely be needed to end the pandemic by 2023 and slow down viral mutations in the coming years, according to Deutsche Post DHL estimates. The research paper from one of the world’s largest logistics companies and McKinsey suggests that 7 to 9 billion doses need to be distributed in each of the next two years.

Shoppers wear masks at a Walmart store in Bradford, Pa. © Brendan McDermid / Reuters

Revenues at Walmart, the world’s largest retailer, rose 2.7% year-on-year to $ 138 billion for the three months ending in late April, beating analysts’ forecasts by $ 132 billion. Comparable sales at Walmart stores in the United States jumped 6 percent excluding fuel, above estimates for a gain of 0.8 percent, the company gained market share in grocery stores.

Jaguar Land Rover made a profit of £ 534million between January and March as car sales rebounded in China and the United States, although the company fell to a year-long loss after writing off costs old technology. The group suffered a financial blow of £ 1.5bn on its previous investments as it swivels to electric vehicles and end its long-standing dependence on diesel.

New York-based retail chain Macy’s said demand remained strong in the home, jewelry, fragrance and luxury categories. sales picked up faster than expected in the first quarter of the year. Macy’s revenue rose by more than half to $ 4.7 billion, and the company raised its forecast to $ 22.2 billion in net sales in 2021, from $ 20.8 billion.

Home Depot had record first quarter sales due to the surge in DIY projects fueled by the pandemic continued to stimulate demand. The retailer generated $ 37.5 billion in sales, a 32.7% year-over-year increase and beating analysts’ forecasts of $ 35 billion. Comparable store sales increased 31%, compared to a gain of 24.5% during the holiday season.

About Frances White

Check Also

Remarks by Undersecretary of the Treasury Wally Adeyemo at the Brookings Institution

As delivered Thank you all so much for being here today, and to David and …

Leave a Reply

Your email address will not be published.