WASHINGTON — After holding the distinction of being the U.S.'s largest trading partner in the field of new tires for the better part of the past decade, China slid to No. 5 last year as the value of its imports plunged nearly 50%.
ROCHESTER, N.Y. — Monro Inc. executives are "encouraged" by the gradual rebound in customer traffic at its 1,280 retail stores across the U.S. after suffering 41% and 24% drops in business in April and May, respectively.
ROCHESTER, N.Y. — Monro Inc. suffered a 98.6% drop in operating income and reported a net loss for the quarter ended March 31 on 0.4% lower sales, as the retailer suffered the double impact of a mild winter in the first part of the quarter and the early stages of COVID-19-related business interruption in the latter weeks.
WASHINGTON — A broad coalition of national trade groups is urging congressional leaders to make changes to the Small Business Administration's Paycheck Protection Program that would provide more flexibility to participating small businesses.