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The COVID-19 pandemic has taken a sharp economic toll on the retail industry worldwide as many retailers and shopping centers were forced to shut down for months due to mandated stay-at-home orders. As a result of these closures, online retailers received a major boost in sales as customers looked for alternative ways to shop and the effects of ...
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
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In a major shift in its approach to retail, Microsoft said Friday it’s closing all its physical stores in a move that will result in a pretax charge of $450 million for the June quarter.
On May 12, 2020, it was originally announced that community quarantine measures will be lifted in 41 provinces and 11 cities across the country due to their being low risk for coronavirus disease 2019 (COVID-19), [51] but were eventually upgraded to modified general community quarantine (MGCQ) after receiving petitions from LGUs starting May 16 ...
Pret said it would close 30 of its outlets and axe around 2,800 roles, almost triple the number of job cuts than expected. Coronavirus: Pret A Manger cutting 2,800 jobs as it closes 30 stores Skip ...
Please help update this article to reflect recent events or newly available information. ( January 2022 ) This article attempts to document the timeline of the COVID-19 pandemic in the Philippines in 2022.
TJX Companies (TJX) closes its stores across the United States, Canada, Europe and Australia due to coronavirus concerns. Also, management withdraws its outlook for the first quarter and fiscal 2021.