By Sanjana Kolla
Retail stores closed down
Image By BreizhAtao
Many retail stores are staying closed for right now due to COVID-19, and many have just reduced their hours. Big clothing brands and stores such as Abercrombie & Fitch and Jcpenny, have been reducing their hours. Nike has closed all of their stores world-wide. Tommy Hilfiger have closed all of their locations until March 29.
But is there any particular reason why these stores are reducing hours and closing down? Stated from CNBC news, “The health and safety of our shoppers, retailers and employees is of paramount importance and we are taking this step to help reduce the spread of COVID-19 in our communities,” CEO David Simon said in a statement.” These stores want to make sure everyone is safe and doesn’t want to increase corona virus rates by having people near each other.
Another reason being is that they want to give some other spaces for Corona virus testing. A well known store “Walgreens” is closing down to offer space for testing. Stated from CNBC news, “Drugstore chain operator Walgreens Boots Alliance Inc said on Friday it would dedicate temporary spaces in some locations such as parking lots outside its stores to test for the coronavirus.”
This has put a lot of stress on these stores as well. Stated from CNN news, “The companies all stressed that their online stores would remain open, though some, including Patagonia, have said shipments could be delayed as employees work remotely.” They are worrying about how their online shopping would go because that’s the only way customers can shop.