One of the largest impacts of the coronavirus pandemic, aside from temporary store closures, has been the furlough of store associates and — in some cases — corporate staff and distribution center employees.
As stores remain closed to customers in many parts of the country, retailers are generating significantly less revenue than they’re accustomed to, forcing them to fall back on credit lines, negotiate with landlords on rent, work with suppliers to push out orders and payments and, in some cases, file for bankruptcy protection. . . . more