What stores are closing because of the coronavirus
The growing coronavirus pandemic has halted sporting events, shuttered schools and battered the travel industry. Yet few sectors of the economy may be more vulnerable to the disruption caused by the outbreak than retailers — a business that, despite the rise of ecommerce, still depends on luring customers out of their homes and into stores.
Some players, such as Apple and Urban Outfitters, are closing their doors altogether as they try to sit out the crisis; others are reducing their hours. Read on to learn how some of America’s best-known retailers are responding to the emerging public health crisis.
Abercrombie & Fitch
The Ohio-based clothing store said it is closing all U.S. stores until March 28, while its online site will remain open. A&F subsidiaries Hollister and Gilly Hicks are also closed.
[Source: CBS News]