Tuesday, June 2, 2020

Protests Derail Comeback Plans for Restaurants and Retailers

The Wall Street Journal
Macy’s Inc. delayed the reopening of some stores shut by coronavirus. Apple Inc. stores that had recently unlocked their doors were boarded back up. Chains from Kroger Co.to Popeyes cut back their hours. And the CEOs of Starbucks Corp. SBUX -1.69% and McDonald’s Corp. organized companywide discussions of the social unrest that has disrupted efforts to restart business as pandemic lockdowns ease.

The widespread protests over the death of George Floyd while in police custody had chief executives looking for ways to balance their efforts to run their companies, protect their employees and property, and articulate a response to their customers, staff and communities about racism and deep-seated problems in American society. For many, it followed months of struggles to reopen after the crippling global pandemic.. . . more