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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 ...
It had initially only been expected to close approximately 70 stores. On February 17, the company filed for Chapter 11 bankruptcy and announced that it would be liquidating and closing all of its 67 Canadian stores; the company would later announce the closure of all of its 540 stores in May 2020 due to the COVID-19 pandemic. [240]
IHL also reported that the number of chains adding stores in 2019 had increased 56%, while the number of closing stores decreased by 66% in the last year. [7] [21] As of May 2020, bankruptcies and store closings were expected to intensify due to widespread business closures and the resulting financial impact of the COVID-19 pandemic. J.
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In the middle of a coronavirus lockdown in the Philippine capital, Grace Lagaday was struggling to breastfeed her newborn without milk storage bottles and nursing pads. With shopping centres shut ...
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 ...
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.
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.