PriceSmart’s Comps Continue to Decline in July, Down 4.5%

Christel Deskins

PriceSmart, Inc.’s PSMT soft comparable net merchandise sales (comps) trend continued for the fourth straight month in July. Apparently, comps for the four weeks ended Jul 26, 2020, fell 4.5% for 42 warehouse clubs. Comps were hurt by foreign-currency fluctuations to the tune of $8.3 million or 3.6%. Prior to this, comps had fallen 4.9%, 6.7% and 19.2% in June, May and April, respectively. However, we note that the rate of decline has decelerated on a sequential basis.

Comps in July were negative across certain markets in Central America and Colombia, while the metric was positive in the Caribbean market. The company experienced weak comps mainly in Costa Rica, Panama and Guatemala due to the mounting coronavirus cases and related restrictions, in addition to the impact of sales being transferred to new clubs in Guatemala and Panama. The San Diego, CA-based company informed that roughly 100 club days were

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Candidates chase cash as July comes to a close

Christel Deskins

Hard to believe, but it’s the final day of July, meaning presidential candidates and political parties were making their final pitches before the monthly filing period closed, according to CBS News political unit associate producer Sarah Ewall-Wice. In fundraising emails over the past couple of days, the Biden campaign was racing to raise $8 million more to close the month while the Trump campaign said it wanted to see $25 million more in donations before July came to an end.  

This comes after the Biden campaign and Democrats outraised the president and Republicans in the last two monthly filings for May and June. Meanwhile, the Democratic National Committee had its best online fundraising day and its third best online fundraising day ever Thursday. The online cash haul came in the same day that President Trump tweeted about delaying the election and former President Obama spoke at the funeral of John

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What the Mashable staff bought this month: July 2020 edition

Christel Deskins

What the Mashable staff bought this month: July 2020 edition
What the Mashable staff bought this month: July 2020 edition

Who else is finding themselves online shopping way more often lately? Over at Mashable, it’s happening to a lot of us. Maybe it’s boredom. Maybe it’s that we’re longing to fill some sort of void with material possessions. Yeah, it’s probably one of those two things.

SEE ALSO: What the Mashable staff bought in June

Reasons for rampant online shopping aside, we’re back again to share with you all the cool stuff we bought this month to hopefully inspire our fine readers to treat themselves, just like we did. Come on, we’ve all been living through tough times (that show no signs of stopping anytime soon) — you deserve to hit that “buy” button on that thing you’ve been wanting. Go ahead, do it.

Below, what the Mashable staff bought in July (along with some familiar faces from our friends

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5 options for stay-at-home fun in SF: Thursday, July 16

Christel Deskins

Citywide

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Photo: Amanda L./Yelp

The Bay Area’s shelter-in-place order has brought countless events usually held as in-person gatherings online. We’re aiming to support local businesses in San Francisco and Oakland by highlighting five of these events each day.

Got a suggestion for an online event based in SF or Oakland? Email our events reporter, Teresa Hammerl. 

Here’s your San Francisco online event calendar for Thursday, July 16. Put your knowledge to the test during a trivia night, learn what it takes to record in a home studio environment or tune in to a poetry reading.

Film Discussion: Slay the Dragon

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Image: Mother Jones/Facebook

Join for a discussion about the impact campaign tied to the documentary, Slay the Dragon, which aims to shine a light on gerrymandering, the practice of redrawing electoral maps to serve a single party.

In Slay the Dragon, hear how a secretive, high-tech gerrymandering initiative which launched

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Paper or e-file? Some July tax filers won’t have choice due to glitch

Christel Deskins

It’s tax season in July.

Given that the Internal Revenue Service has been dealing with a backlog of unprocessed paper tax returns, it may be even wiser at this point to e-file your 1040 by July 15, especially if you want to collect a tax refund as quickly as possible and use direct deposit to a bank account. 

The tax filing deadline, which was extended because of the coronavirus crisis, is fast approaching for millions of taxpayers who have yet to file their 2019 federal income tax returns.  

Oddly enough, some people may have little choice but to file a paper return for 2019 because of a computer headache triggered by the use of an online IRS stimulus tool for “non-filers.” It’s not a glitch that will hit everyone, but it’s certainly odd enough to worth noting. 

The rollout of the stimulus payments, officially called the Economic Impact Payment, included

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5 options for stay-at-home fun in SF: Monday, July 13

Christel Deskins

Citywide

<p>Photo: Community Living Campaign/<a href="https://www.facebook.com/CommunityLivingCampaign/photos/gm.286628256057197/3043131669065807/?type=3&theater" rel="nofollow noopener" target="_blank" data-ylk="slk:Facebook" class="link rapid-noclick-resp">Facebook</a></p>

Photo: Community Living Campaign/Facebook

The Bay Area’s shelter-in-place order has brought countless events usually held as in-person gatherings online. We’re aiming to support local businesses in San Francisco and Oakland by highlighting five of these events each day.

Got a suggestion for an online event based in SF or Oakland? Email our events reporter, Teresa Hammerl. 

Here’s your SF online event calendar for Monday, July 13. Join a support group for parents facing the challenges of COVID-19, learn how to interpret abstract art, brush up your watercolor skills and more.

Supporting Young Children During COVID-19

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Image: Child Life Mommy/Facebook

The COVID-19 pandemic has created trauma, loss, and a rise in anxiety for many. Our Family Coalition recognizes the need to support families navigating this new norm, and invites parents to meet online with certified child life specialist Shani Thornton to help cope. Thornton will provide practical tools and resources

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How to Watch 2021 Ford Bronco’s Debut on Monday, July 13

Christel Deskins

From Car and Driver

  • Ford will reveal its 2021 Bronco lineup to the world using what marketers call a “roadblock” across Disney television channels ABC, ESPN, and National Geographic.
  • Unfortunate nomenclature aside, the reveal starts at 8 p.m. ET on Monday, July 13, and will also be available to stream on Ford’s YouTube page and Ford’s social media accounts.
  • The reason for all the hype? Ford will start taking $100 reservations for the new Bronco models right when the cameras start rolling at 8 p.m.

You may have noticed that Ford is about to bring back the Bronco. Nostalgia for this brand hits some people pretty hard, and Ford is tweaking all the knobs it can—including basically taking over Disney’s media channels for a few minutes—to get people even more amped up. It’s all happening Monday evening, and if you want to join the party to be the first to

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Macy’s Black Friday in July

Christel Deskins

Our editors independently selected these items because we think you will enjoy them and might like them at these prices. If you purchase something through our links, we may earn a commission. Pricing and availability are accurate as of publish time. Learn more about Shop TODAY.

Slashing prices on homeware, kitchen items, clothing and beauty products, Macy’s is hosting a Black Friday in July sale with huge discounts that match those you would normally see around Thanksgiving. Brands like KitchenAid, Tommy Hilfiger and Martha Stewart Collection are participating, giving shoppers the opportunity to purchase thousands of high quality products at low prices. The sale is active through July 13.

While Macy’s typically holds a clearance event towards the end of the summer, Michael Bonebright, consumer analyst for DealNews.com, said this year’s sale is earlier and filled with “unusually good” discounts. He attributes the sale to Macy’s need to get rid

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How to watch and what to expect from July 11th’s wild video games showcase

Christel Deskins

Irreverent and innovative indie games label Devolver Digital presents its own take on mid-2020’s spate of online showcase events.

Devolver Digital is lining up to entertain its fans and skewer its games and tech industry chums with a “live pre-recorded event” set for 12 noon PT on July 11.

The show is to be broadcast via twitch.tv/twitchgaming, and its start time equates to 3pm ET, 7pm UTC, 8pm UK, 9pm Central Europe and South Africa, then half past midnight on July 12 in India, 3am in Singapore, the Philippines, Malaysia, and Beijing, China, 4am in South Korea and Japan, and 5am in Sydney, Australia.

Historically, Devolver Digital’s E3 shows have layered scathing industry satire and rapid-fire video game previews and

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Tax filers face ‘enormous’ risk for identity theft as July 15th deadline looms

Christel Deskins

Yahoo Life is committed to finding you the best products at the best prices. The product written about here is offered in affiliation with Yahoo Life’s parent company, Verizon Media.

About 58,000 fraudulent unemployment claims were discovered in Massachusetts, and actual unemployed people are the one who pay the biggest price.
About 58,000 fraudulent unemployment claims were discovered in Massachusetts, and actual unemployed people are the one who pay the biggest price.

When it comes to online scams, nothing is sacred. Malicious actors will take advantage of the elderly, target people trying to make positive change in the world, and even capitalize on others’ misfortune. It seems like a new scheme is hatched every day. The latest on our radar is the massive unemployment check fraud committed in Massachusetts following an uptick in pandemic-related job loss.

The criminal activity was first detected by the Massachusetts unemployment systems as part of a nationwide scam back in May, according to Massachusetts Live. As of July, the count is 58,000 fraudulent claims and a

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