Business

Wednesday’s business headlines

INDIANAPOLIS (WISH) – Here’s a look at Wednesday’s business headlines.

Whole Foods

Whole Foods is offering “insurance” in the form of a free $35 Whole Foods gift care to customers who “commit a turkey cooking fail.”

The idea was prompted by coronavirus restrictions forcing households to host smaller gatherings and, in some cases, having inexperienced cooks prepare the stressful, multi-course meal.

To be eligible, customers must purchase a Whole Foods-branded turkey from the store between Nov. 11 and Nov. 22.

The promotion is limited to 1,000 customers and entries must be submitted beginning on Thanksgiving Day through the next day at 3 a.m.

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Live concerts

Metallica drummer Lars Ulrich told CNBC it might be a year “at the earliest” before crowded rock shows in arenas and stadiums return from their coronavirus-induced pause.

The iconic metal band has come to realize that big concerts will be the “last thing” to resume.

Some bands are doing drive-in shows to get by.

Labor force

Women across the country are continuing to be hit hard by the coronavirus pandemic, with nearly 22 million women leaving the labor force between February and October.

The National Women’s Law Center says to move the needle forward on more women re-entering the job market, there needs to be a federal child care relief package that will help child care businesses stay afloat.

JCPenney

JCPenney is on course to emerge grom bankruptcy by Thanksgiving as Simon Property Group is a buyer.

A U.S. bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest landlords and its primary lenders.

Brookfield Property is buying the retailer along with Simon.

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