Categories
Politics

Controversial below Trump, federal vacation below Biden

(L-R) Ninety-four-year-old activist and retired educator Opal Lee, known as the Grandmother of Juneteenth, speaks with U.S. President Joe Biden after he signed the Juneteenth National Independence Day Act into law in the East Room of the White House on June 17, 2021 in Washington, DC.

Drew Angerer | Getty Images

The scene at the White House on Thursday might have been hard to fathom just one year ago.

A diverse crowd of lawmakers, activists and community leaders — including pop icon Usher, with whom many photos were taken — gathered in the East Room to witness President Joe Biden sign into law a new federal holiday: Juneteenth, which on June 19 commemorates the end of slavery in the United States.

With coronavirus infections near record lows in the U.S. amid a full-bore vaccination campaign at all levels of government, few members of the indoors, in-person crowd were seen wearing masks.

“We are gathered here, in a house built by enslaved people,” said Vice President Kamala Harris, the first Black woman to hold the title. “We are footsteps away from where President Abraham Lincoln signed the Emancipation Proclamation, and we are here to witness President Joe Biden establish Juneteenth as a national holiday.”

“We have come far and we have far to go, but today is a day of celebration,” Harris said.

As she spoke, the president stepped off the podium and approached the front row, then knelt down to embrace Opal Lee, the 94-year-old Texas activist credited as a driving force behind the push for the new holiday.

“I’ve only been president for several months, but I think this will go down, for me, as one of the greatest honors I will have had as president,” Biden told the crowd before signing the bill into law.

The 11th national annual holiday was established just two days before Juneteenth itself, and less than three weeks after the 100th anniversary of the Tulsa race massacre. It also came on the heels of the first anniversary of the death of George Floyd, the unarmed Black man whose caught-on-tape murder in police custody triggered a nationwide eruption of civil unrest.

At a time when Republicans and Democrats agree on virtually nothing, they came together this week to vote overwhelmingly in favor of making Juneteenth a federal holiday.

Yet just a year ago in mid-June of 2020, all of those factors — Tulsa, Juneteenth, the waves of protest and the Covid pandemic — posed problems for then-President Donald Trump, who had come under fire for announcing plans to hold a rally in Tulsa on the holiday.

“I made Juneteenth very famous,” Trump told The Wall Street Journal after moving the date of the rally. “It’s actually an important event, an important time. But nobody had ever heard of it.”

The contrast between Trump’s final Juneteenth as president and Biden’s first could hardly be more stark. It illustrates not only the seismic changes at play in the nation and how they shaped the present, but also the difference in how the two presidents have approached issues of race.

The path to a federal holiday

Juneteenth celebrates the date in 1865 when enslaved Black people in Texas finally heard that they had been freed under the Emancipation Proclamation, which President Abraham Lincoln had issued more than two years earlier.

The Confederate Army under Gen. Robert E. Lee had surrendered at Appomattox in Virginia on April 9, 1865, a capitulation that led to the end of the Civil War. But it wasn’t until June 19 that Union forces under Gen. Gordon Granger arrived in the coastal city of Galveston, Texas, to deliver General Order No. 3, officially ending slavery in the state.

“The people of Texas are informed that, in accordance with a proclamation from the Executive of the United States, all slaves are free,” the order reads.

Lincoln had been shot at Ford’s Theatre by Confederate sympathizer John Wilkes Booth just five days after Lee’s surrender.

The name “Juneteenth” evolved from numerous different names and spellings over the course of decades, historians note.

While the vast majority of states already recognize Juneteenth as a holiday, activists such as Opal Lee have fought for decades for the day to receive federal designation.

In 1939, when Lee was 12 years old, a White mob set fire to her family’s home. No one was arrested. In 2016, Lee, then 89, began to walk from her hometown of Fort Worth, Texas, to Washington, D.C. — some 1,400 miles — to advocate for making Juneteenth a national holiday.

“The fact is none of us are free till we’re all free,” Lee told The New York Times in a June 2020 interview.

One year later, Lee attended the White House ceremony to designate Juneteenth as the the first new holiday since Martin Luther King Jr. Day in 1983.

Previous attempts to pass a Juneteenth bill in Congress were unsuccessful. In 2020, one such bill was blocked in the Senate by Ron Johnson, R-Wis., who objected to the cost of giving federal employees another day off.

This time around, he backed off, saying in a statement: “It is clear that there is no appetite in Congress to further discuss the matter.”

The reason why?

“In two words, it’s George Floyd,” said Karlos Hill, chair of the African and African-American Studies Department at the University of Oklahoma, in an interview with CNBC.

In May 2020, video of former Minneapolis police officer Derek Chauvin kneeling on Floyd’s neck for more than nine minutes had set off a firestorm of protests around the country. The officer’s conduct drew condemnation from across the political spectrum, and prompted lawmakers to draft a police reform bill in Floyd’s name.

Chauvin in April was found guilty on charges of second-degree murder, third-degree murder and second-degree manslaughter.

“It took something that stark to change the conversation,” Hill said.

“These things are connected deeply,” Hill said, explaining that the shock of Floyd’s death “created a space and opportunity for Juneteenth.”

Few lawmakers — even those with complaints about the bill — stood in the way this week, when the legislation introduced by Sen. Edward Markey, D-Mass., flew through Congress.

The bill was approved unanimously in the Senate on Tuesday night. A day later, it passed the House in an overwhelming 415-14 vote. The 14 votes against were all Republicans, while 195 GOP lawmakers voted yes.

Among the Republican criticisms were that the decision to name the holiday “Juneteenth National Independence Day” clashed with the existing Independence Day on July 4. They pointed out that the holiday has also been referred to as Jubilee Day, Emancipation Day and other names throughout its history.

Others complained, like Johnson, about the estimated hundreds of millions of dollars in revenue lost by giving federal workers another day off. And some lawmakers railed against Democrats for rushing the bill to the House floor, bypassing congressional committees and the opportunity to vote on amendments in the process.

One Republican, Matt Rosendale of Montana, issued a statement before the final vote announcing his opposition to the measure because, he claimed, it was an effort to further “identity politics” and “critical race theory” in America.

Sen. John Cornyn, R-Texas, dismissed Rosendale’s stance as “kooky.”

The 14 House members who voted against the bill are: Rosendale; Mo Brooks, R-Ala.; Andy Biggs, R-Ariz.; Scott DesJarlais, R-Tenn.; Tom Tiffany, R-Wis.; Doug LaMalfa, R-Calif.; Mike Rogers, R-Ala.; Ralph Norman, R-S.C.; Chip Roy, R-Texas; Paul Gosar, R-Ariz.; Tom McClintock, R-Calif.; Ronny Jackson, R-Texas; Thomas Massie, R-Ky.; and Andrew Clyde, R-Ga.

Trump’s Juneteenth

In a statement Friday afternoon celebrating Juneteenth, Republican National Committee Chairwoman Ronna McDaniel said of her party: “We enthusiastically welcome its adoption as our newest national holiday after President Trump called for it last year.”

In September, Trump as part of a series of overtures to Black voters did promise to establish Juneteenth as a national holiday. But there is much more to Trump’s relationship to Juneteenth than McDaniel’s statement suggests.

In June 2020, with the pandemic raging, no vaccines in sight and then-candidate Biden holding a clear edge in the polls, Trump announced he would return to the campaign trail to hold in-person events.

The marquee event of his campaign kickoff: a rally in Tulsa, Oklahoma, on June 19.

The Trump campaign initially defended the scheduling decision as an opportunity for him to tout his “record of success for Black Americans.” But critics called it a slap in the face for Trump to pick Juneteenth to come to Tulsa, the site of one of the worst White-on-Black massacres in U.S. history, to re-launch his re-election campaign in the middle of a national upheaval about racism.

The Wall Street Journal’s Michael Bender, in an adapted excerpt from his forthcoming book about Trump’s election loss to Biden, reported that top campaign official Brad Parscale had selected the time and place for the rally, and that he had “dug in” after others urged him to make changes.

Bender reported that Trump, bewildered by the backlash to the rally date, had asked a Black Secret Service agent if he knew about Juneteenth. The agent said that he did know about it, adding, “It’s very offensive to me that you’re having this rally on Juneteenth,” according to Bender.

Less than a week before the rally, Trump tweeted he would move the event to June 20, after hearing from “many of my African American friends and supporters” who have “reached out to suggest that we consider changing the date out of respect for this Holiday.”

On Juneteenth itself, Trump’s White House issued a proclamation celebrating the holiday as a reminder of “both the unimaginable injustice of slavery and the incomparable joy that must have attended emancipation.”

Less than a month earlier, the Floyd video had prompted millions of people to participate in marches and demonstrations against systemic racism and police brutality. Numerous protests led to outbreaks of violence and looting in major cities.

Before the event at Tulsa’s BOK Center, Trump, who at that point was still active on Twitter, took to the social media app to issue an ominous threat for potential counterdemonstrators.

“Any protesters, anarchists, agitators, looters or lowlifes who are going to Oklahoma, please understand you will not be treated like you have been in New York, Seattle or Minneapolis,” Trump tweeted. “It will be a much different scene.”

The Rev. Al Sharpton, who gave a Juneteenth address in Tulsa that Friday, at the time accused Trump of “provoking an incident” with the tweet.

Trump’s crowd in Tulsa fell short of expectations, failing to fill thousands of seats in the nearly 20,000-capacity arena. But in attendance was Herman Cain, a prominent Black businessman, conservative commentator and former Republican presidential candidate.

The 74-year-old Cain, a stage 4 cancer survivor, was photographed at the event sitting next to other people, none of whom appeared to be wearing masks.

In early July, Cain was hospitalized with the coronavirus, and he was put on a ventilator as his condition worsened. He died July 30, making him among the most high-profile people in the U.S. to succumb to the virus. Cain’s associates have said there is “no way of knowing for sure” how or where he caught Covid.

The Journal’s Bender reported that Trump raged about his lack of support from Black voters on the day after the Tulsa rally.

“I’ve done all this stuff for the Blacks — it’s always Jared [Kushner, Trump’s son-in-law,] telling me to do this,” Trump told one confidant, Bender reported. “And they all f—— hate me, and none of them are going to vote for me.”

Hill said that the U.S. is now “in a different reality” compared with last June, “in a sense that we’ve witnessed the full fallout from George Floyd.”

“We’ve gone on as if things have rectified themselves, and that’s just not the case,” Hill said. As a federal holiday, “Juneteenth might, just might, give pause to that.”

Categories
Entertainment

Juneteenth: 7 Occasions for Celebrating the Vacation in New York

As New York reopens, its cultural rhythms are creeping back in, with museums and music venues filling up and outdoor concerts popping up in parks. The city is emerging just in time for Juneteenth on Saturday.

The holiday — a portmanteau of “June” and “nineteenth” — began on June 19, 1865. Almost two and a half years after President Lincoln’s Emancipation Proclamation, union troops arrived in Galveston, Tex., to notify enslaved African Americans there that the Civil War had ended — and that they were free.

On Thursday, President Biden signed legislation that made Juneteenth, also known as Emancipation Day, a federal holiday. This will no doubt please Opal Lee — the 94-year-old Texan activist known as the “grandmother of Juneteenth.”

“So, the 4th of July? Slaves weren’t free. You know that, don’t you?” Lee told The New York Times last year. “I suggest that if we’re going to do some celebrating of freedom, that we have our festival, our educational components, our music, from June the 19th — Juneteenth — to the 4th of July. Now that would be celebrating freedom.”

Here’s a selection of events — both in-person and virtual — for New Yorkers to celebrate that freedom this year.

The hip-hop musician Ahmir “Questlove” Thompson directed the documentary “Summer of Soul (… Or, When the Revolution Could Not Be Televised),” which releases in theaters on July 2. Part music film, part historical record, the film captures the previously untold story of the 1969 Harlem Cultural Festival, which took place in Mount Morris Park (now Marcus Garvey Park). Stars like Stevie Wonder, Nina Simone and Sly and the Family Stone performed in the six-week festival celebrating Black history, culture and fashion. Thanks to a presentation by SummerStage, New Yorkers can see the award-winning film in the park where much of it was filmed on Saturday at 5 p.m. Free tickets are required for entry.

The Alvin Ailey American Dance Theater emerged in 1958, when its founder, Alvin Ailey, recognized the power of dance as a tool for social change. Ailey described African-American cultural heritage as “sometimes sorrowful, sometimes jubilant, but always hopeful,” viewing it as one of America’s richest treasures. On Saturday, 12-1:15 p.m., the choreographer Maguette Camara will host a free, virtual dance class featuring live drumming, teaching the basics of traditional West African dance and rhythms.

It’s not a performance. It’s a service. The composer, director and actor Troy Anthony made sure to clarify the difference for “The Revival: It Is Our Duty,” his commission for the Shed in Manhattan. “Juneteenth is not about Abraham Lincoln freeing the slaves. It’s not about Black people finding out that they were free late,” Anthony said. “It’s about the fact that Black people found a path to liberate themselves.” The gospel musical event, includes a community choir and band, is part of The Shed’s “Open Call” series, “The Revival” starts on Saturday at 8 p.m. Tickets are free online.

From MTV star to hip-hop guru to international ambassador, Kevin Powell has seen it all. And he’ll bring that experience to Brower Park in Brooklyn on Saturday, performing an original poetry suite. The rock-jazz-folk band the Soulfolk Experience composed and arranged music to accompany Powell’s performance at 12 p.m. behind the Brooklyn Children’s Museum. The event, presented by the Brooklyn Conservatory of Music, is in partnership with the Brooklyn Children’s Museum, and part of the Friends of Brower Park’s free Juneteenth celebration. Instrument making and other activities will accompany the music, 11 a.m.-2 p.m. The event is free.

On the hit Netflix show “High on the Hog,” the food writer Stephen Satterfield traces African American cuisine from Benin to the Deep South. The show is based on a book by the same name by food historian Jessica B. Harris, who will appear at the Weeksville Heritage Center in Brooklyn on Saturday. The virtual event, “Meals as Collective Memory,” 12:30-4 p.m., explores Black foodways in New York and beyond. The schedule includes learning to make a delicious family dinner at home and a lesson on food deserts; sessions are free online — just be sure to RSVP.

The Bell House in Brooklyn will host its third annual “Emancipation After Party” on Saturday at 6 p.m. — a stacked deck of music and comedy. Hosted by Chinisha S., a self-proclaimed “certified Prince super-fan, nerd/geek-girl, and cheerful nihilist,” the lineup includes DJ Monday Blue; the sketch-comedy team To Karen, With Love; and the comedians Alex English, Aminah Imani, Dave Lester and Jatty Robinson ($18.65 for tickets). Stick around for the after-after party: Brandon Collins and Gordon Baker-Bone will host a Juneteenth edition of their interactive show, “Black Drunk History,” also at the Bell House ($20 for advance tickets).

Come for the jerk chicken and waffles food truck. Stay for the Black beauty bazaar. “Juneteenth in Queens” was planned by Assemblywoman Alicia Hyndman, who also sponsored the legislation that made Juneteenth a state holiday in New York. The festival, which includes a virtual panel series this week, culminates with an in-person event on Saturday, 10 a.m.-6 p.m., in Roy Wilkins Park in Queens. Start your day with yoga for Black liberation, check out the Black art party and try an African dance master class in the afternoon. Register for the event and activities on Eventbrite.

Categories
Politics

Juneteenth turns into federal vacation after Biden indicators invoice

President Joe Biden signed law Thursday introducing Juniteenth, the date to commemorate the end of slavery in the United States, as a federal holiday.

Biden signed the bill two days before June 15 himself, which is June 19 each year, in what he called “one of the greatest honors” of his presidency.

“We have come a long way and we still have to go a long way. But today is a day of celebration,” said Vice President Kamala Harris, who addressed the president at the signing ceremony at the White House.

“Big nations don’t ignore their most painful moments,” Biden told the crowd in the East Room, which included dozens of politicians, activists and community leaders. “You hug her.”

United States President Joe Biden applauds Vice President Kamala Harris as they arrive in the East Room of the White House in Washington on June 17, 2021 to sign the National Independence Day Act of June 2021.

Carlos Barria | Reuters

“In short, this day doesn’t just celebrate the past. He calls for action today, ”said Biden.

National Independence Day in June will be the 12th public holiday, including Inauguration Day, and the first new day since then-President Ronald Reagan signed Martin Luther King Jr. Day in 1983.

Juneteenth celebrates the emancipation of the last of the enslaved African Americans. On that day in 1865, Union soldiers, led by General Gordon Granger, arrived in the coastal city of Galveston, Texas to deliver General Order No. 3 that officially ended slavery in the state.

The final act of liberation came months after the Confederate Army’s surrender ended the Civil War and more than two years after President Abraham Lincoln issued the Emancipation Proclamation.

Lincoln was assassinated on April 15, 1865, two months before his proclamation reached Texas.

Most federal workers will be celebrating June 10th on Friday this year because June 19th falls on a Saturday. The New York Stock Exchange won’t close for June thenth this year, but it will evaluate the closing markets for the holiday in 2022, according to the exchange.

The Securities Exchange Commission will close its offices on Friday for the new holiday, a spokesman said. The SEC’s online data platform, EDGAR, “will also be closed and will not accept filings or assist in assisting applicants,” the spokesman said.

The Holiday Bill was passed with overwhelming support in both houses of Congress this week. The Senate unanimously approved the bill Tuesday night, and the House of Representatives passed it by 415 votes to 14. The only votes against the law came from the Republicans.

Prior to the House vote, some GOP lawmakers complained about the name of the holiday and others expressed concern about the cost of another federal workforce day off. Some also railed against the Democrats for putting the bill to the vote without first allowing the committees to review the law and propose changes.

Still, most of the House Republicans, even those who opposed parts of the bill, voted in favor.

The Juniteenth Bill was sponsored in the Senate by Edward Markey, D-Mass, and the House version, sponsored by Rep. Sheila Jackson Lee, D-Texas, was endorsed by 166 legislators.

The 14 votes against were:

  • Rep Mo Brooks, R-Ala.
  • Rep Andy Biggs, R-Ariz.
  • Rep. Scott DesJarlais, R-Tenn.
  • Rep Tom Tiffany, R-Wis.
  • Rep. Doug LaMalfa, R-Calif.
  • Rep. Mike Rogers, R-Ala.
  • Rep. Ralph Norman, RS.C.
  • Rep. Chip Roy, R-Texas
  • Rep. Paul Gosar, R-Ariz.
  • Rep. Tom McClintock, R-Calif.
  • Rep Matt Rosendale, R-Mont.
  • Rep Ronny Jackson, R-Texas
  • Rep. Thomas Massie, R-Ky.
  • Rep. Andrew Clyde, R-Ga.

– CNBC’s Bob Pisani contributed to this report

Categories
Business

China journey bookings soar throughout Could Labor Day vacation as Covid eases

Visitors stroll along the Badaling section of the Great Wall of China in Beijing, China on Tuesday May 4, 2021.

Yan Cong | Bloomberg | Getty Images

BEIJING – Millions of Chinese rushed to travel over the five-day Labor Day holiday, another sign of a gradual recovery in domestic consumption.

May 1-5 was the “hottest” holiday travel holiday since the coronavirus pandemic, Chinese travel booking site Trip.com said in a statement translated by CNBC on Wednesday. The reappearance of Covid-19 on the outskirts of Beijing earlier this year prompted local authorities to restrict travel during the Spring Festival in February.

Labor Day vacation bookings for hotels, rental cars, and other trips have more than tripled from the same period last year and are up more than 30% since 2019, Trip.com said without disclosing the dollar amounts. According to Trip.com, the Shanghai Disney Resort was one of the top 10 travel destinations, even for 21 year olds and youngsters.

Chinese consumers spent 1.67 billion yuan ($ 260 million) on movies during the holidays, mostly domestic movies, according to Maoyan ticketing website.

In total, 230 million trips were made within the country during this period, an increase of almost 18% from 2019, according to the Chinese Ministry of Culture and Tourism.

However, the total spending of 113.23 billion yuan ($ 17.48 billion) was about 4 billion yuan lower than the 2019 spending, the data showed.

At that level, per capita spending during the holidays was around 75% of 2019’s spending, said Zhiwei Zhang, chief economist at Pinpoint Asset Management. “Overall, the economic trend continues to improve, but part of the service sector is not yet at the pre-Covid level.”

Individual consumer spending lagged behind the recovery in the Chinese economy as Covid-19 forced more than half of the country to temporarily shut down in early 2020. Retail sales declined last year despite overall GDP growth before rising in the first quarter of 2021.

International travelers turn to Hainan

The rush to travel domestically comes with quarantine requirements, and travel bans keep most Chinese people from venturing overseas.

Chinese international travel is down 87% over the past year and is not expected to return to pre-pandemic levels until the second quarter of 2023, consulting firm Oliver Wyman said in a report last week.

That means billions of dollars not spent overseas could potentially be spent at home or saved for future purchases, the report said. Chinese consumers spent $ 245 billion overseas in 2019.

The analysis found that nearly 60% of these travelers migrate to the southern tropical island province of Hainan, which has expanded its duty-free shopping centers in recent years.

For high-end luxury brands, Hainan will be much more appealing to them if they can open their own stores in the future rather than through a duty-free operator.

Imke Wouters

Partner at Oliver Wyman

According to state media, duty-free sales in Hainan from May 1st to May 4th were over 700 million yuan, citing the latest available figures from the local customs authority. For comparison, an eight-day vacation in October saw duty-free sales of 1.04 billion yuan in Hainan.

“May is the first (moment when) you can really see the true potential of Hainan without travel restrictions,” said Oliver Wyman partner Imke Wouters in a telephone interview on Thursday.

However, she pointed out that brands are currently required to partner with duty free centers in Hainan. As a result, profitability could be up to 50% less than in-house branches on the mainland.

“For high-end luxury brands, Hainan will be much more appealing to them if they can open their own stores in the future rather than through a duty-free operator,” said Wouters.

Categories
World News

China markets stay closed for Lunar New 12 months vacation

SINGAPORE – Asia Pacific stocks rose on Tuesday as markets in mainland China remain closed for the New Year holidays.

Hong Kong’s Hang Seng index, which has returned to trading after the holidays in recent days, rose 1.30%.

In Japan, the Nikkei 225 was up 1.44% while the Topix index was up 0.64%. South Korea’s Kospi gained 0.39%.

Australian stocks also rose, with the S&P / ASX 200 gaining 0.36%.

MSCI’s broadest index for stocks in the Asia-Pacific region outside of Japan rose 0.5%.

RBA meeting minutes on monetary policy

Minutes of the Reserve Bank of Australia’s February monetary policy meeting, published on Tuesday, showed that members concluded that “very significant monetary support would be needed for some time as it would take several years to achieve the objectives Bank for inflation and unemployment are reached “.

“In light of this, it would be premature to consider withdrawing monetary incentives,” added the RBA in the minutes.

The markets in the US were closed on Monday for bank holidays.

Currencies and oil

The US dollar index, which tracks the greenback versus a basket of its peers, hit 90.259 after falling above 90.6 late last week.

The Japanese yen traded at 105.48 per dollar after weakening against the greenback from below 105.2 yesterday. The Australian dollar changed hands at $ 0.7794, still higher than below $ 0.772 last week.

Oil prices were higher on the morning of trading hours in Asia and the international benchmark’s Brent crude oil futures rose 0.32% to $ 63.50 a barrel. US crude oil futures rose 1.21% to $ 60.19 a barrel.

Categories
Business

NRF mentioned vacation gross sales rose 8.3%, topping estimates

People shop for vacation items at the country store on Main Street in Stockbridge, Massachusetts on December 13, 2020.

Joseph Prezioso | AFP | Getty Images

According to the National Retail Federation on Friday, holiday retail sales rose 8.3% from 2019 as consumers used the gift season as a way to cheer themselves up during the Covid pandemic.

“With the spread of the virus on the rise, government restrictions on retailers, and heightened political and economic uncertainty, consumers chose gifts that lifted the spirits of their families and friends and conveyed a sense of normalcy in the challenging year,” said Matthew Shay, president and CEO of the National Retail Federation, in a statement.

That is more than expected by the large retail group and more than double the average annual increase. NRF forecast in November that Christmas sales in 2020 will increase between 3.6% and 5.2% year over year, ranging from $ 755.3 billion to $ 766.7 billion. Americans were said to be spending more as they had less travel and dining expenses and were hoping for the Covid vaccine to be distributed.

Christmas sales have increased by an average of 3.5% over the past five years, and they have increased 4% in 2019, the NRF said. The sales exclude car dealerships, gas stations and restaurants.

The pandemic has messed up typical holiday shopping patterns. Many retailers started selling back in October and closed their shops on Thanksgiving. You have put more offers online and expanded contactless options, e.g. B. Roadside collection to reduce the number of shoppers in stores.

Even so, there were some factors that the retailer could not get hold of, such as economic insecurity and unemployment during the recession and fewer gatherings with family and friends.

NRF chief economist Jack Kleinhenz said the surge in Christmas sales was “truly phenomenal given the extremes this economy has been through”. He said the month-to-month numbers reflect push and pull of factors from temporary store closures and vacations to stimulus payments.

Ultimately, he said, consumer mindset and savings accounts inspired them to spend. He said the sales indicate that more people want a vacation that’s better than normal during a difficult year and that money has been put aside after they canceled their vacation and had fewer options to spend their money safely.

He said the desire to celebrate the holidays is great, even for low-income families and people who are unemployed.

“Vacation comes once a year and even the most economically challenged people still have an emphasis on vacation,” he said. “They will try to do the best they can.”

The Christmas sales also reflected pandemic trends such as: B. Cooking and sports at home and DIY projects. Online and other off-store sales saw the largest increase of nearly 24% year over year, according to the NRF.

Sales in building materials and gardening supplies stores rose nearly 20%. This was followed by sales of sports stores, which grew about 15%, and grocery and beverage stores, which grew nearly 10%. Sales in the health and personal care and furniture and home decor stores increased 5% and 2%, respectively.

Sales in general merchandise stores were virtually unchanged. However, sales in the electronics and housewares stores were down 14%. Sales in clothing and apparel accessory stores were down about 15%. Some laptop or pajama purchases were likely classified as online or non-in-store sales, as customers made purchases from their couches or used options like roadside pickup. Some electronics purchases may have been made earlier in the year when people were working at home and going to school.

Retailers have started reporting some of their individual sales results. Lululemon, which had strong sales in the leisure industry while working from home, forecast a fourth quarter profit at the high end of its expectations due to the strong holiday season. Comparable sales online and in-store rose 17% in November and December, according to Target, as vacation shoppers flocked to convenient, contactless options like roadside pickup. However, Nordstrom and Urban Outfitters reported disappointing holidays as many shoppers stayed away from malls.

Categories
Business

Nordstrom (JWN) shares drop as retailer says vacation gross sales tumbled 22%

A person walks into the Nordstrom store, which is open for business, as New York City re-opens Phase 2 after restrictions to contain the coronavirus pandemic were placed in New York, New York on June 29, 2020.

Rob Kim | Getty Images

Nordstrom on Wednesday reported a 22% drop in sales for the nine-week period ending Jan. 2 as the department store chain struggled to get shoppers into their stores for clothing, shoes and Christmas gifts.

Shares fell more than 3% in after-hours trading.

According to Nordstrom, digital sales in the holiday season increased 23% from 2019 and accounted for 54% of total sales, compared to 34% a year ago. And more than 30% of customers’ online orders came from the stores, the company added.

The double-digit drop in sales was in line with expectations for the fourth quarter, Nordstrom said.

“We are encouraged by the increasing momentum during and after the Christmas season,” CEO Erik Nordstrom said in a statement.

The company continues to expect a profitable fourth quarter of the fiscal year, but continues to face pressure from increased shipping surcharges in its growing e-commerce business.

Nordstrom will host a virtual investor event on February 4th and will announce fourth quarter results on March 2nd.

On Tuesday, clothing retailer Urban Outfitters reported disappointing Christmas sales due to the decline in store traffic due to the Covid pandemic. While big box retailer Target said on Wednesday sales in the same store grew more than 17% during the holidays, fueled by online gains. Off-mall retailers like Target, Best Buy, and Walmart have for the most part outperformed mall-based companies.

Nordstrom stocks are down about 10% over the past 12 months. The company has a market value of nearly $ 6 billion.

Read the full Nordstrom press release.

Categories
Business

City Outfitters (URBN) shares tumble as 2020 vacation gross sales disappoint

Shoppers with their Urban Outfitters shopping bags in Soho in New York

Richard Levine | Corbis | Getty Images

Urban Outfitters’ shares fell Tuesday after the clothing retailer reported disappointing Christmas sales and announced that its current chief executive would leave later this month.

The stock fell roughly 11% after the close of trading, after rising nearly 6% on the day.

Urban Outfitters, which also owns the Anthropologie and Free People brands, said current CEO Trish Donnelly will be leaving effective Jan. 31 to pursue another career opportunity. She has named Sheila Harrington, the current CEO of Free People, as CEO of Urban Outfitters and will continue to oversee the Free People banner.

During the two-month period ending December 31, Urban announced that the company’s total sales were down 8.4% year over year, while sales in the same store had declined 9% due to the decline in business traffic due to the Covid pandemic. Sales in the same store tracks sales both online and in stores that have been open for at least 12 months.

Online sales rose double digits, the company said, but that wasn’t enough to make up for losses in stores. According to Urban, sales at Free People increased 1%, Urban Outfitters increased 8% and Anthropologie increased 12%.

In a virtual presentation at the annual ICR conference on Tuesday afternoon, CFO Frank Conforti said the company kept inventory levels low during the holidays, especially in stores, to avoid having to discount excess goods during the season. But that strategy could have backfired and hit store sales, Conforti said. “This may be the first time we’ve seen the negative impact of our product model,” he said.

Urban is also in the process of building another warehouse in Kansas to meet the peaks in online demand and will open a temporary warehouse in the meantime to help with digital orders.

The company found that sales in the same store across the portfolio “rebounded well” in January. However, earnings are expected to come under pressure in the fourth quarter, partly due to increased shipping and logistics costs due to the online surge.

For the eleven month period ending December 31, Urban announced that total sales were down 14.3%, while sales in the same store were down 12% overall.

Also on Tuesday, Urban named Gabrielle Conforti, her current chief merchandising officer, President of Urban’s North America division. Emma Wisden, the current General Manager of Urban’s Europe division, will lead Urban’s wholesale business.

Urban Outfitters’ shares were up nearly 15% over the past 12 months as of Tuesday’s close.

Categories
Health

A vacation all about ingesting and reveling with mobs of strangers — what might go fallacious?

First there was Thanksgiving when some families who gathered for the turkey and stuffing also shared the coronavirus, causing a surge in cases in some places and further straining the country’s already overburdened hospitals.

Then there was a Christmas weekend when Americans overcrowded airports in numbers that have not been seen since the pandemic began. Anyone who contracted the virus at the time is likely still in the incubation phase or just beginning to experience symptoms. So it’s too early to appreciate the full impact of people’s Christmas activities.

Now comes New Year’s Eve, an opportunity to celebrate, drink, indulge in large crowds, often among strangers, and to utter a primal scream when the clock strikes twelve.

In other words, it’s a vacation that is tailored precisely to super-spreader events. And it is just arriving as the first cases of a new, contagious variant of the virus were discovered in the United States, suggesting that it is already widespread.

“It’s in a small community south of Denver, so it’s reasonable to believe it could already be in New York City,” said Dr. Bill Hanage, Associate Professor of Epidemiology at Harvard TH Chan School of Public Health.

New Year’s Eve, he said, “risks accelerating the rollout of variants that are more communicable in communities, and we have reason to believe that these are emerging.”

The risk of transmission increases with the size of the congregation, of course, but also with the amount of alcohol consumed, said Dr. Hanage.

People who drink “become disinhibited,” he noted, “and when they become disinhibited, they are more likely to be risky.”

The safest way to see the New Year is at home when there is no one outside of your household, said Dr. Hanage. However, as more people gather around, they can reduce the risk a bit by doing it outdoors and wearing masks.

“It doesn’t sound very fun or easy to drink champagne,” he said, “but wearing a mask will be another barrier to possible transmission.”

Categories
Politics

Scenes From a Pandemic Vacation Highway Journey

The streets in Frostburg, Md., Were icy. In Jolly, Texas, the mood was gloomy. Despite a season full of challenges at every turn, it was clear the vacation was in full swing when I arrived in Snowbird, Utah.

After three months on the east coast over the final stretch of an election turned on its head by a pandemic, it was time for the long drive home to Washington State. When they left Pennsylvania, the campaign signs fell away and the mood improved. I drove through two Bethlehems (NC and Pa.), Antlers, Okla. And Garland, Texas, looking for signs of the season, stopping at holiday events in Asheville, NC, Memphis, and Dallas.

Blowup Snowmen boldly declared that Christmas was coming. The houses were shrouded in twinkling lights. In small towns, people took care of sick neighbors. Tourist spots revered for their year-end celebrations found ways to open up despite the pandemic. Living nativity scenes, menorah lights and Christmas music revues were held outdoors. People put on masks and came to get off and participate.

With the help of generous donors or simply out of sheer willpower, Americans across the country ended this tumultuous year with celebrations of joy, faith, and new beginnings.

In Show Low, Arizona, Aaron Leach created a free display of 42,000 dancing lights, music, and videos in honor of rescue workers and veterans. “As a firefighter, I know what it is like to risk my life for communities,” he said.

Farther south, in Glendale, Arizona, Rabbi Sholom Lew rolled a three meter menorah into an empty parking lot for Hanukkah.

“No matter how dark it is outside,” he said, “if we just try a little, each of us can create a little light and warmth in our lives.”

ASHEVILLE, NC – The Biltmore Estate, a gilded-age mansion in the mountains of North Carolina, typically has about 400,000 visitors between November and early January. There will be fewer guests this season, but most of the 2,200 employees who were on leave in March have returned to work.

CONOVER, NC – Veronica Sherrill was overwhelmed and ready for a big scream – a good scream, she said, not a sad one. Her drive-through performance of Living Nativity had attracted large crowds over nine evenings, with only one performance being interrupted in a flash. The show featured about half of the Oxford Baptist Church congregation, all of whom were temperature tested to disguise themselves before entering the building.

Ms. Sherrill said she was humble about the success and the organizers decided to do it annually.

“A new tradition born in Covid,” she said.

NASHVILLE – The pandemic was the city’s second tragedy this year. A tornado ripped through in March, killing 25 people and causing great damage. Crossroads Campus, a nonprofit that provides shelter and services to both vulnerable youth and animals, was badly hit but recovered in time for the annual Santa Paws event. Alisha Soto, 26, came in a Grinch costume. As a self-described trauma child, she was thrilled when she got a job there.

“Crossroads definitely has a way to heal you whether you know it or not,” she explained. “It has been a very dark year on so many fronts and I look forward to turning the page, continuing the healing process, and making 2021 one of the best years I’ve had. And just keep going. “

MEMPHIS – The Enchanted Forest and Festival of Trees exhibition, featuring mechanical Christmas figurines and community-decorated Christmas trees, is held annually at the Pink Palace Museum to raise funds for La Bonheur Childrens Hospital.

“It won’t increase what it has in the past, but we felt it was important to do so,” said Sarah Fiser, La Bonheur’s event coordinator. There were fewer trees this year, but still enough to enjoy.

Jack Schaefer, 76, dressed as Santa Claus, was sitting behind a round plexiglass sign that was decorated to look like a snow globe when he posed with children. He sometimes asked her to speak. “I can’t hear you through the glass,” he said.

DALLAS – The 12-day Christmas exhibition came to life at the Dallas Arboretum and Botanical Garden. Visitors meandered through the playful carousel displays of Lords-a-Jumping and dancing ladies, while children went on a scavenger hunt for cats, owls and rabbits. Many of the guests were rescue workers and their families, courtesy of an arboretum donor, Dan Patterson.

“People have suffered financially. Seeing long lines at grocery banks on the front cover of the Dallas Morning News reminded me of the Great Depression and I thought that just can’t happen here, ”he said. “I’m happy to have resources and I want to make sure I share them.”

OKLAUNION, Texas – Santa Clauses showed up on the 240 miles between Jolly and Nazareth, Texas. Outside Robert Kimbrew’s farmhouse on Route 287, two female mannequins on an old green convertible, wearing only Christmas bows and Christmas hats, stopped traffic. He joked that at least a million people photographed his annual exhibition for more than 20 years.

MAGDALENA, NM – Outside Winston Auto Service, in this dusty village near the Alamo Navajo Reservation, employees set an old Dodge Power Wagon on fire. Clara Winston, the owner, gave the direction, her single hip-length gray braid swinging behind her. Her husband had insisted that she put the display up earlier this year. The corona virus had hit the region hard, she said, and he wanted to “improve everyone’s mood”.

PHOENIX – Michelle Elias, 31, the stage manager who was named security officer for the Phoenix Theater Company, was the last to leave after “Unwrapped,” an outdoor vacation music revue. It was the company’s first production since March. Ms. Elias now monitors the health of the occupation and the cleanliness of the venue – measuring temperatures, wiping doorknobs and washing masks.

The company closed the day after the dress rehearsal of Something Rotten, an original musical comedy about the plague. The coronavirus vaccines launched this month are a weight off her chest, she said. “We plan to do ‘Something Rotten’ as soon as we can get 30 people to sing in one room again. It will be the perfect end to this Covid journey. “

GLENDALE, Arizona – Towards sunset, a car with a ten foot menorah pulled into a parking lot near the State Farm Arena. Rabbi Sholom Lev and his family piled up to climb it before a drive-in Hanukkah celebration. When other vehicles came to them, Rabbi Lev, who was pulling a small cart, was handing out paper bags of donuts and latkes.

After he said a prayer and lit the candles, the cars gradually drove away and lit the menorah on the empty property.

LITTLE COTTONWOOD CANYON, Utah – The Snowbird Ski Resort has limited attendance this season. Social distancing and masks are required, even with the goggles, helmets, and neck gaiters that most skiers wear. Tram rides are limited to 25, and the elevator is cleaned with a spray gun after every other trip. The resort easily accepts hundreds of thousands of skiers for most years. That day the summit was calm and covered with clouds.

SEATTLE – Jessica Lowery, 36, was an intensive care nurse in 2009 when H1N1 met. She remembers the fear followed by relief when the flu was kept under control. When she first heard about the coronavirus, she thought it would be similar. Instead, the pandemic cost her life last year, she said.

As head of testing sites, she was one of the first at Harborview Medical Center to be vaccinated. “It’s still kind of surreal,” she said. “I didn’t know how stressed I was all year round. It gives us hope that there will be light at the end of the tunnel. “