The global pandemic has forced dealers and vendors to respond to supply chain disruptions and COVID outbreaks in creative and often dramatic ways.
GOVERNMENT LINKS
Centers for Disease Control & Prevention (CDC):
The federal government’s chief destination for COVID-19 information, plus guidance for businesses and employers.
• COVID-19 Page
Resources for Businesses/Employers
• FAQ and 14-day Monitoring Worksheet
World Health Organization (WHO):
A FAQ page from the United Nations’ global healthcare agency.
• Q&A on Coronavirus
Occupational Safety & Health Administration (OSHA):
Downloadable PDFs on steps businesses can take to help ensure employee safety.
• Guidance for Preparing Workplaces
• Prevent Worker Exposure
U.S. Department Of Labor:
What businesses need to know to remain in compliance with federal work rules.
• Family & Medical Leave Act Q&A
• Fair Labor Standards Q&A
U.S. Small Business Administration (SBA):
How to apply for low-interest disaster loans and measures for reducing workplace exposure.
• Small Business Guidance and Loan Resources
• Economic Injury Disaster Loan Program Info
INDUSTRY ASSOCIATIONS
The National Retail Federation (NRF):
A clearinghouse for retailer resources, from the industry’s largest trade association.
• NRF Coronavirus Resources for Retailers
Home Furnishings Association (HFA):
• COVID-19 Recovery Resources
• Payment Protection Program Loan Info Webinar
How COVID Changed Brick-and-Mortar Retail (for the Better)
After his obituary was published, Mark Twain famously wrote “The reports of my death are greatly exaggerated.
Coping With COVID: A Tale of Two Furniture Manufacturers
As we enter year two of the coronavirus, we think it’s worth recalling FurnitureToday’s recent account of how two upholstery manufacturers faced the pandemic’s labor and supply-chain challenges head on.
PPP Loan Alert: The Well is Running Dry!
Despite a two-month deadline extension, to May 31, time is nonetheless running out for members who wish to apply for a forgivable loan under the Paycheck Protection Program (PPP).
PPP Loan Deadline Likely Extended by Two Months
The Senate last week approved extending the deadline for loan applications under the Paycheck Protection Program (PPP) from this Wednesday to May 31.
Attention PPP Borrowers: Beware a Tax Bite from Your State
The experience of a small powder coating company in Minnesota can serve as a cautionary tale for PPP recipients who thought their forgivable loans came free and clear.
Trade Group Urges Early Vaccines for Retail Workers
The National Retail Federation (NRF), the world’s largest retail trade association, has petitioned the Centers for Disease Control and Prevention (CDC) to include retail workers in the early phases of COVID-19 vaccine distribution.
PPP Round Two: What You Need to Know
The new $900 billion COVID stimulus package passed this week by Congress contains a number of new provisions that could directly affect BrandSource members, including additional Paycheck Protection Program funding (PPP) and relaxed deductibility rules.
Business Groups Urge Congress to Restore PPP Loan Tax Breaks
Over 500 state and national trade associations, including the National Retail Federation (NRF), the National Association of Manufacturers (NAM) and the U.S. Chamber of Commerce, are pressing Congress to restore tax deductibility for business expenses paid with forgivable Paycheck Protection Program (PPP) loans.
SBA Proposes PPP Questionnaire for $2M+ Borrowers
In the wake of criticism for issuing Paycheck Protection Program (PPP) loans to financially viable companies like Shake Shack and the Los Angeles Lakers, and amid suspicion of widespread program abuse and fraud, the Small Business Administration (SBA) is seeking permission to question borrowers who received $2 million or more in PPP loans.
JIM RISTOW TOWN HALL
NEWS BRIEFS
Sweetening the Pot: Retailers are using sign-on bonuses, tuition assistance and higher pay to woo workers. Retail Dive
Chain Reaction: How appliance and CE dealers are countering COVID’s impact on the inventory pipeline. Dealerscope
In Memoriam: The home furnishings industry is mourning the loss of innovator and philanthropist Paul Broyhill, who built his family business into one of the most recognized furniture brands of all time. Home News Now
EDUCATION CALENDAR
Managing COVID-19 Related Employee Issues
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Small Business Administration Loan Process
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Marketing & Merchandising Webinar
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