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USA based Apple Inc. announced it would temporarily close all stores globally outside of China on March 14. [12] On the same day, Urban Outfitters, Verizon, and T-Mobile all announced their intentions to temporarily close stores as well. [13] The US's largest retailer, Walmart significantly reduced its hours across the nation. Known for its 24 ...
Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada.
Research published by global retail analyst IHL Group in 2019 suggests that the so-called retail apocalypse narrative was an exaggeration, with "more chains that are expanding their number of stores than closing stores.” [7] That year, retailers in the United States announced 9,302 store closings, a 59% jump from 2018, and the highest number ...
Due to the surge in the COVID-19 Delta variant and updated guidance on masks from the Centers for Disease Control and Prevention, several retailers are reverting to requiring masks. Many of these...
Walgreens is closing a significant amount of its stores as retail sales fall, the company announced in its third quarter earnings results press release Thursday.. Certain underperforming U.S ...
Costco is closing the book on year-round sales of physical novels. The bulk retailer is looking to end constant book sales at 500 of its 600 stores across the U.S., according to reports .
Surgical and N95 masks shortages were critical during the early pandemic, resulting in purchase quota, non-availability, lower-than-required protections and tarmac airport bidding wars. Here a supermarket in Beijing imposes daily buying limits on surgical masks and disinfectant liquid
In addition to the 31 store closures this month, the company will shut down another 35 by the end of January 2021. By January 2022, the company plans to shutter close to 100 locations.