Wednesday, March 18, 2020

Retailers brace for the impact of coronavirus

Retail Dive
In response to the rapidly changing climate and uncertainties surrounding COVID-19, many retailers have taken action. For some, like Macy’s, Apple and Sephora, that means temporarily closing their doors to help reduce the spread of the virus. For others, like Walmart, Target and Dollar General, it means adjusting shopping hours in order to give associates more time to restock and clean stores.

As the general public is advised to reduce the size of groups they interact with — from no more than 250 people, to 50 and most recently, from President Trump, to avoid groups larger than 10 — consumers are beginning to forego shopping for nonessential items.. . . more