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US retail sales plummeted to a record 16% in April as a coronavirus struck



US retail sales plummeted to a record 16% in April as a coronavirus struck

US retail sales plummeted by a record 16.4% from March to April because business shutdowns caused by coronavirus drove buyers away, threatening the survival of stores across the country and further weighing on a sinking economy.

Friday’s Commerce Department report on retail purchases showed the sector had collapsed so quickly that sales over the past 12 months fell a crippling 21.6%. The severity of the decline is unmatched for retail figures that go back to 1992. The monthly decline in April nearly doubled the previous record decline of 8.3% – set just one month before.

“It’s like a storm coming and leveling the entire economy, and now we are trying to make it back up and running,” said Joshua Shapiro, chief US economist for consultant Maria Fiorini Ramirez.

Shapiro suggested that retail sales should recover slightly when states and regions reopen their economies. But he said overall sales would remain depressed “because there will be a large number of lost jobs that don’t return.”

The sharpest decline from March to April occurred in clothing, electronics and furniture stores. The old migration of consumers to online purchases is accelerating, with the segment posting a 8.4% increase every month. Measured from year to year, online sales jumped 21.6%.

Apart from being online, no retail categories were avoided in April. Car dealers experienced a monthly decline of 13%. Furniture stores absorb 59% risk. Electronics and equipment stores dropped more than 60%. Retailers selling building materials posted a decline of around 3%. After panicking buying in March, wholesale sales fell 13%.

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Clothing store sales plummeted 79%, department stores 29%. Restaurants, some of which have begun to close permanently, have decreased by almost 30% despite an aggressive shift to food delivery and delivery orders.

For the staggered retail sector, free fall in spending again poses a big risk. Department stores such as Neiman Marcus and J. Crew have filed for bankruptcy protection. Hotels, restaurants and car dealers are in danger. Nearly $ 1 of every $ 5 spent at retailers last month goes to non-store retailers.

Retailers are being threatened not only by the closure of businesses mandated by states and localities but also by the loss of a record 36 million jobs over the past two months. Unemployed usually pulls back sharply on retail purchases.

April analysis by a group of academic economists found that a one-month closing can remove 31% of non-wholesale retailers. Four-month closure can force 65% to close.

The fall in retail spending is the main reason why the US economy is contracting. Purchases at retailers are a major component of overall consumer spending, which triggers around 70% of economic activity.

With some Americans shopping, traveling, eating or shopping normally, economists project that gross domestic product – the widest measure of economic activity – shrank in the April-June quarter at an annual rate of around 40%. That would be the deepest quarterly decline on record.

Expenditures tracked by Opportunity Opportunities indicate that consumer spending may have reached its lowest point around mid-April before starting to rise slightly, at least in the general clothing and merchandise category. But spending on transportation, restaurants, hotels and arts and entertainment remains very depressed.

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Credit card purchases tracked by JPMorgan Chase found that expenses for necessities such as food, fuel, telephone services, and car repairs fell by 20% annually. Conversely, spending on “things that are not important,” such as eating out, plane tickets and personal services such as salons or yoga classes, dropped by 50% worse.

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The beginning of Part 1 will arrive in Portuguese in MANGA Plus – JBox



Imagem: O próprio Chainsaw Man.

past too it’s a spade! From July 13 first 3 chapters from the first part Chainsaw will be available from translation into Portuguese No MANGAPlusfree app to read manga from Shueisha.

Apparently, not all 97 chapters of this first phase will be available, but only these first 3. The series will also not be split into two parts on the website/app. Even if it is a new phase, it will be published as usual. on the page of the man with the chainsawso the first chapter of part 2 will be #98.

Translation and editing work done comediansalso responsible for other platform projects with pt-br version (cases One piece, spy x family, Tokyo Ghoul Re e Jiu-Jitsu Kaisen). The information came from a project manager for a company in Brazil.

Unfortunately, the series is not among those that can be read completely free in english app — so even with the most recent readings, fans will have to resort to printed versions or alternative means to learn about the entire series. MANGA Plus does not allow, at least for now, subscriptions for fans in Brazil.

It is worth remembering that the second part of the manga, which will begin July 13, will also be available in Portuguese. Until the long-awaited sequel, Tatsuki Fujimoto launched one-shots on the Shueisha platform look back e Goodbye Eriin addition to working with mangaka Toda Oto (To take off the flash).

Story Chainsaw approaches Denji, a poor man capable of anything for money, even hunting demons with his dog, Honor. He is an ordinary boy mired in debt, but one day everything changes when he is betrayed by a man he trusted. Now possessing demonic powers, Denji becomes the Chainsaw Man (“The Chainsaw Man”).

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Fujimoto first part in Shonen jump from 2018 to December 2020, 11 volumes have been compiled to date. OUR Panini publishes manga in Brazil – check out our review first volume.

The work will be adapted into anime by the MAPPA studio and will have watching and duplicating Crunchyroll.

Source: Robert Rodriguez

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Portuguese missionary denounces ‘daily persecution and massacre’ in Congo



Portuguese missionary denounces 'daily persecution and massacre' in Congo

“There are persecutions and massacres every day” in the Democratic Republic of the Congo (DRC), and the international community turns a blind eye to this, says Father Marcelo de Oliveira, a Portuguese missionary in the African country.

The chief administrator of Komboni Province Missionaries in the Democratic Republic of the Congo speaks in an interview Renaissancethat attacks are permanent in an area of ​​the country where “cobalt is a source of wealth.”

“There are persecutions and massacres every day, there are people who are tortured, people who are forced to leave their homes and forced to flee,” condemns a priest who has lived in the Democratic Republic of the Congo for 15 years.

The eastern provinces of the DRC, notably North Kivu and neighboring Ituri, have “lived for decades in a state of constant instability due to the presence of various armed groups.

Born in Mortagua, Viseu district, the missionary says that in the Congo “no one escapes persecution.” “Catholics, Protestants and sects are treated equally”, given that “the religious question does not affect the situation at all”.

The priest says that “the Church is being persecuted, but to be a Christian means to be persecuted.” “The Catholic Church, which has great weight in public life, which has a large number of Catholics, which, by vocation, denounces, tells the truth and strives to defend the rights of the people, of course, is not appreciated by the simple,” he emphasizes.

The world “crossed its arms” on the problems in Africa

The priest admits that the President of the Democratic Republic of the Congo, Felix Tshisekedi, is ready to fight corruption, but says that, on the one hand, the government is involved in the situation, and on the other hand, it is powerless to resolve it.

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“The complicity is there to keep getting what they get from the stuff they sell and ship out of the country anyway,” he explains.

On the other hand, Marcelo’s father accuses the international community of doing nothing for the suffering people of the Congo and trying to “keep capitalizing on the wealth of the country” by sending “weapons to be able to keep up the unrest and thus keep on stealing easily” . .

“The Congo is a very rich country, and it is a bit strange that such a rich country is at the same time so poor. There is gold, diamonds, copper, cobalt, soil that could give twice a year, it’s hard to understand,” the missionary laments, and then accuses: “there are interests from outside (the international community) to be able to continue to benefit from everything rich, and so they keep sending weapons to keep the mess going and thus easily keep stealing.”

The missionary ensures that “when there is a problem in Africa, everyone folds their hands” and gives an example of the reluctance to find a cure for malaria, which “kills a huge number of people every day”, and now with Covid-19. 19 pandemic “the whole world plunged into disaster.”

The priest assures that “there are more people who die in Africa from malaria than those who die from Covid”, and rhetorically asks: “Who created a medicine to treat poor Africans? The problem of malaria after all this time?”

Marcelo’s father replies, “No one, it doesn’t matter, it doesn’t matter. Since we cannot profit from what we do, it is not important to make medicine, it is not important to help a country that will not repay us, ”he laments.

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Pope ‘deeply wishes’ to visit Congo

In this interview with RenaissanceFather Marcelo Oliveira assures that “the population still expects that soon” the Pope will visit the Democratic Republic of the Congo.

He believes that “for people living in conditions of constant attacks, persecution, the visit of the Pope would be a moment of encouragement.”

First of all, because Francis planned a visit to the city of Goma in the eastern part of the country, “where he will be with some victims of violence, and, of course, these people may be a little disappointed.”

“However, the population continues to expect that he will be able to come to us soon,” he assures.

The priest confirms that the Pope “deeply desires to be and come” to the Congo to “know the reality” and acknowledges that “the celebration planned for this Sunday with the Congolese community at St. Parolina in Kinshasa “is a sign of such a will.”

“The Pope deeply desires to be and come, because I believe he has heard so much about the reality of the suffering of the Congolese people, and therefore he has a deep desire to be able to come,” he assures.

Francis’ trip to South Sudan and the Congo, scheduled for July 2-7, has been rescheduled for a new date to be fixed due to the Pope’s health.

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Wabi2b enters the Portuguese market to revolutionize commerce



Wabi2b enters the Portuguese market to revolutionize commerce

BUT Wabi2b, a digital ecosystem that helps digitize and modernize brick-and-mortar commerce, has entered the European market with Portugal. The goal is to “revolutionize traditional retail and the HORECA channel” by allowing distributors and Cash & Carries to sell directly to traditional retailers in Portugal.

The company’s statement explains that the Wabi2b online store allows retailers to access multiple suppliers in the same store, view their entire portfolio of products, compare prices, place all their orders at the same time, and use the platform. exclusive promotions and discounts.


From the supplier’s point of view, Wabi2b gives you the opportunity to choose the geographical area of ​​sales, the cost and minimum cost of delivery, the portfolio of products they represent, prices and deliveries, and the order payment procedure.

According to Wabi2b Portugal CEO Hugo Duarte, “The Wabi2b ecosystem is set to revolutionize traditional trading and business management practices. With this platform, consumer goods companies, suppliers and point of sale will connect for the first time in a single digital environment whose transactions will be carried out, which will reduce costs, waste, increase transparency, facilitate inventory control and better understand the business. performance”.


In this first phase, Wabi2b already has over 1,700 registered stores in Lisbon, and in June it also launched in Porto.


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