Senate Proposes PPP Improvements
The Senate is considering a bi-partisan proposal to change how and when Paycheck Protection Program (PPP) loans could be spent.
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Appliance
Feds Release PPP Loan Forgiveness Application
The Small Business Administration (SBA) and the U.S. Treasury Department have released an 11-page application for borrowers seeking loan forgiveness under the Paycheck Protection Program (PPP).
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JCPenney Given Two Months to Avoid Liquidation
JCPenney’s lenders are giving the bankrupt retailer two months to come up with an acceptable turnaround plan or face either a sale of the business or liquidation.
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Most Consumers Express Caution Over Post-Lockdown Lifestyle
Although everyone is surely stir-crazy at best by weeks of mandatory lockdowns, consumers are still leery about resuming their pre-COVID lifestyles even after stay-at-home orders are eased.
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U.S. Retail Takes a Pounding in April
Despite a solid showing by BrandSource members, the majority of the nation’s retailers took it on the chin last month as the full effects of the COVID crisis took hold.
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Whirlpool Easing the Anguish of the Global Pandemic
As one of the world’s largest manufacturers of home appliances — products that sanitize our clothes and cookware and keep our food safe — Whirlpool Corp. is uniquely positioned to help in the fight against coronavirus.
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Appliance Servicing Summit Slated for Tuesday
The United Appliance Servicers Association is holding a virtual service industry summit and question-and-answer session this Tuesday, May 12, at 7:00 p.m. ET.
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Appliance Vendors Navigating Through Choppy Waters
For major appliance manufacturers, the impact of the global pandemic can be seen in factory closures and reduced consumer demand.
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Vendors Facing Further Factory Shutdowns
Appliance and electronics manufacturers are contending with continued intermittent plant closures due to outbreaks of coronavirus affecting factories in the U.S. and Mexico.
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U.S. Appliance Factories Resume Production
America’s appliance plants are up and running again following sporadic interruptions for COVID cleansings.
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