How to get a small business loan in Charlotte

Nick Sikiotis, left, 32, and his mother Joanna Sikiotis, 62, center, serve customers at Green’s Lunch in Charlotte on Thursday. The Green’s Lunch, tucked away in downtown Charlotte on West 4th Street, is a nearly 100-year-old business that’s grappling with labor shortages and higher prices on everything from ingredients to Covered. John D. Simmons john@johndsimmons.photo … Read more

Valley Strong applies to form local CDFI helping underserved small businesses | News

In a potential boon for Kern’s small business community, Bakersfield-based Valley Strong Credit Union has filed an application to open the county’s second community development financial institution. Valley Strong’s CDFI, if approved by the U.S. Department of the Treasury, would establish a revolving loan fund that could tap into a multitude of financial sources that … Read more

UK’s JD Sports wary of inflation, reaffirms annual outlook

The JD Sports logo is seen outside a store in London, Britain November 17, 2021. REUTERS/May James/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 22 (Reuters) – JD Sports (JD.L) warned on Thursday that it would remain cautious about trading over the rest of the financial year as soaring inflation dampens … Read more

Analysis: Price hikes test Inditex’s ability to stay in fashion

Join now for FREE unlimited access to Reuters.com Register Zara starting prices up 12.2% YoY to July – UBS Inditex announces further price increase in the second half of the year Analysts urge caution amid signs of slowing clothing demand MADRID, Sept 15 (Reuters) – Zara owner Inditex’s strong first-half results show its strategy of … Read more

Ottawa could lose more than $5-billion in CEBA pandemic loans to small businesses

Export Development Canada headquarters in Ottawa on February 14, 2019.Justin Tang/The Globe and Mail Ottawa may not be able to recover $5 billion or more of the $49 billion in emergency loans it provided to small businesses during the pandemic shutdowns, according to a government projection. The task of chasing business owners to collect the … Read more

Falls man pleads guilty to defrauding Small Business Administration | Crime

BUFFALO — A Falls man has pleaded guilty to defrauding the United States Small Business Administration (SBA). Leo Benevento, 57, pleaded guilty in a deal with prosecutors to a single count of wire fraud during a hearing before U.S. District Judge Richard J. Arcara. The charge carries a maximum sentence of 20 years in prison … Read more

Wall Street ends in a hole after Powell’s Wyoming speech

Fed will continue to tighten until inflation is under control – Powell Core PCE rises 0.1% in July compared to a rise of 0.6% in June Dell and Affirm tumble on weaker forecast Indices down: Dow 3.03%, S&P 3.37%, Nasdaq 3.94% Low for the week: Dow 4.2%, S&P 4%, Nasdaq 4.4% Aug 26 (Reuters) – … Read more

Abercrombie cuts sales forecast as Hollister falls out of fashion

Abercrombie & Fitch products are seen at their store at Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. REUTERS/Andrew Kelly/File Photo Join now for FREE unlimited access to Reuters.com Register Aug 25 (Reuters) – Abercrombie & Fitch Co on Thursday lowered its full-year sales and margin forecasts after reporting a … Read more

Fashion resale platform Vestiaire Collective expands into South Korea

Fashion resale platform Vestiaire Collective expands into South Korea

An employee of ‘Vestiaire collective’, an online marketplace for buying and selling second-hand designer clothes and accessories, checks clothes in Tourcoing, France, December 4, 2017. REUTERS/Pascal Rossignol Join now for FREE unlimited access to Reuters.com Register PARIS, July 26 (Reuters) – Online fashion resale platform Vestiaire Collective announced its expansion into South Korea on Wednesday, … Read more

Fashion retailer H&M joins TJX, others in exiting Russia

Fashion retailer H&M joins TJX, others in exiting Russia

H&M’s logo is seen inside a closed store in Moscow, Russia March 3, 2022. REUTERS/Staff Join now for FREE unlimited access to Reuters.com Register STOCKHOLM, July 18 (Reuters) – H&M (HMb.ST), the world’s second-biggest fashion retailer, said on Monday it has decided to end its business in Russia, joining a growing list of companies leaving … Read more