Retail News: Top Stories
March 25, 2020
Top stories in retail news and the business headlines that interest us today.
Timeline of Retail Closures
“More than 47,000 chain stores across the U.S. temporarily shut their doors in 10 days as retailers took extreme measures to help slow the spread of the coronavirus pandemic that has rattled all sectors of the global economy, according to data compiled by Bloomberg. At least 90 nationwide retailers, ranging from Macy’s Inc. to GameStop Corp. to Michael Kors have temporarily gone dark.”
Hiring During a Pandemic
CNBC — As Walmart, CVS and Domino’s race to keep up with demand, they have a new challenge: Hiring during a pandemic
“From delivering pizzas and prescriptions to packing up boxes with online purchases, Walmart, Amazon, CVS Health, Domino’s and other companies are racing to keep up with customer demand as coronavirus cases rise across the U.S.”
Nike Prototyping Face Shields
Business Insider — Nike is prototyping face shields for doctors and nurses in Oregon as the coronavirus rips through the globe
“CEO John Donahoe announced in a conference call on Tuesday the Nike is prototyping personal protective equipment (PPE) such as face shields to help doctors and nurses during the outbreak with guidance from the healthcare workers at Oregon Health & Science University (OHSU).”
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