re: Hardest Hit Businesses / Businesses doing well

Food delivery isn't tanking, it certainly isn't popping like usual though

Doings bad - Airlines, hotels, theme parks, entertainment venues, bars, convention and event production companies, hair/nail salons


Doing well - grocery stores, liquor stores, cleaning and medical supply companies, streaming services, pornhub, video games, divorce lawyers

Add airlines to the hardest hit.

Over on Reddit, the braindead masses are calling for the government to nationalize industries that are hurting.

frick that.

I work for a giant home improvement retailer. We are still exceeding sales expectations this quarter.

I imagine most restaurants are struggling, and unfortunately, we will see quite a few local spots go under.

Tourism and travel will be taking a huge hit as well.

Horse racing could end up a big winner. It's the only sport still ongoing and you can bet on it. NBC is featuring some major races this weekend.

It is funny how petty and short-minded the market can be. All this hoarding will result in oversupply and then what do we do - sell all that grocery store stock?

I think electronics that enhance virtual meetings is going to skyrocket and remain up there. In just a short period of being forced to virtual, we're seeing a ton of benefit and even massive cost savings.

Charmin

Hardest hit

Travel Agents
Limo Services
Yoga instructors
Movie theaters
Hotels
Airports
Restaurants
Museums
pretty much anything whose selling point is indoor entertainment

Businesses doing well
Grocery stores
Big box all purpose retail (Wal-Mart, Target, etc.)
Eventually funeral homes
Truck stops
Golf Courses (assuming their local governments are allowing them to stay open)
Pharmacies

video games
movie /tv services
youtube

quote:

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did they actually halt distribution?


No, they just focused to distribution of essential goods

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They delivered my bicycle tube and Roku today. Those are absolute essentials.