May 19, 2020

Home improvement and animation are up, commercial rent is down

Share Now on:
HTML EMBED:
COPY
While companies are looking for breaks from their rent, Home Depot says sales are up, and animation is about the only entertainment production still working.

Stories From this episode

Home-improvement stores thrive as residents take on projects

May 19, 2020
Home Depot reported a 6% increase in sales and True Value says paint sales are up more than 20% as Americans use lockdown to clean up, paint up, and fix up.
A Home Depot in Miami. The home improvement chain reported a 7% increase in quarterly revenue.
Chandan Khanna/AFP via Getty Images

Some big companies seek breaks on rent

May 19, 2020
Commercial leases are typically hard to break, but many landlords are willing to defer or discount rent right now
A WeWork office in San Francisco. WeWork's CEO said the company hasn’t paid April and May rent in some locations.
Justin Sullivan/Getty Images

As cities move to cap delivery app fees, some restaurants worry

May 19, 2020
Some fear the apps will pass fees on to consumers, who might balk.
An Uber Eats delivery person in April. Some delivery companies say a decrease in fees they charge restaurants would be passed on to consumers.
Pascal Guyot/AFP via Getty Images

Reshoring gets new attention during COVID-19

May 19, 2020
As the coronavirus has exposed weaknesses in supply chains, efforts are renewed to bring manufacturing back to the United States.
President Donald Trump gives a speech in 2017. There's a renewed effort to bring American companies' production back to the U.S. during the COVID-19 pandemic.
Bill Pugliano/Getty Images

Hollywood's mostly shut down. Except for animation.

May 19, 2020
No need for actors to socially distance when they can record from home.
Animators didn't have to change much to work from home. Voice-over artists have had to make some adjustments, though. "Nothing messes up a voice-over session like the guy next door trimming his trees with a chainsaw," says Tom Kenny, the voice of SpongeBob SquarePants.
Frederick M. Brown/Getty Images

Working remotely is a cost-cutting reality for oil and gas companies amid COVID-19

May 19, 2020
Oil companies raced to digitize during the last downturn. COVID-19 is pushing the industry to embrace remote working technology even more.
An oil rig in Taft, California. COVID-19 is pushing the oil industry to embrace remote working technology more than it already was.
David McNew/Getty Images

It's suddenly a great time to be in the meal-kit business

May 19, 2020
"Our volume has increased by about 100% over the past eight weeks," Purple Carrot CEO Andy Levitt says.
A farmer works in a broccoli field in March.
Julio Cesar Aguilar/Getty Images

Music from the episode

Silk Sunrise Tree Theater
Ungodly Fruit Wax Tailor
Autumn Sweater Yo La Tengo

The team

Nancy Farghalli Executive Producer
Bridget Bodnar Producer
Daisy Palacios Producer
Sean McHenry Associate Producer
Maria Hollenhorst Associate Producer