On PR Newswire: Americans Financially Recovering from Covid, Ready to Travel; New Diana Ross Album
With thousands of news releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. Here are some of this week’s top press releases on PR Newswire you don’t want to miss:
More Than Half of Americans Say They’re in Financial Recovery Mode, Almost All of Them Are Confident They’ll Recover Fully
Most Americans are still contending with the financial impact of the Covid-19 pandemic, according to the latest set of findings from Northwestern Mutual’s 2021 Planning & Progress Study. The research finds more than half (58%) of U.S. adults aged 18+ say they are in financial recovery mode, but among them, nine of out ten (89%) express confidence that they will ultimately achieve a full financial comeback.
For those in recovery, the research shows that the majority feel they are making considerable progress:
- 34% say they’re in “late-stage recovery” – they suffered losses but have mostly, if not fully, recovered to pre-pandemic levels and are feeling confident in their ability to achieve long-term financial security
- 47% say they’re in “mid-stage recovery” – they suffered losses and have begun making up ground, but have not yet reached pre-pandemic levels and still remain optimistic about their ability to achieve long-term financial security
- 18% say they’re in “early-stage recovery” – they suffered losses, are still in decline, and are unclear how they’ll achieve long-term financial security
Neiman Marcus today (June 17) announced the appointment of Lisa Aiken as Neiman Marcus’ new fashion and lifestyle director. This role is part of the merchandising and planning team transformation, reporting to Lana Todorovich, president and chief merchandising officer of Neiman Marcus Group.
Diana Ross sings Thank You to the world. “This collection of songs is my gift to you with appreciation and love. I am eternally grateful that I had the opportunity to record this glorious music at this time,” said Ross. Her new album, Thank You is scheduled for release this fall through Decca Records/Universal Music Group. The title track and first single,” Thank You,” are available for streaming and download now.
View the Thank You teaser video: https://youtu.be/Zjz8MShpR6w
After more than a year in lockdown, 76% of consumers in North America plan to travel within the next six months. According to a new Oracle Hospitality survey, 24% of respondents in the U.S. and Canada plan to travel immediately, 31% in the next one to three months, and 21% by the end of the year.
People are largely traveling regionally, but venturing further from home. Domestic travel will account for 61% of travel plans (vs. 44% last year), 19% of people will stay within driving distance (vs. 47% last year), and 20% will go abroad (vs. 10% last year). Beaches (39%) and national parks (16%) are the favored destinations. No matter the location, 77% noted a COVID-19 vaccination is very or somewhat important in giving them the peace of mind to travel. In terms of getting on a plane, 18% do not feel safe doing so until they are fully vaccinated.
KPMG Study: Majority of Female Executives Taking on Expanded Leadership Roles at Work While Responsibilities at Home Increase During the Pandemic
A majority of executive women reported that the scope of their management responsibilities unexpectedly changed or expanded during the COVID-19 pandemic while they took on more responsibilities at home, according to a new study released today (June 23) by KPMG LLP, the U.S. audit, tax, and advisory firm.
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Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for nearly 30 years and enjoys reality TV and daydreaming about travel and wine.