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Apple, Nike and Other International Retailers are Mass Closing Stores



More than 14 major retailers are temporarily closing stores to prevent the coronavirus from spreading.
Nike store

Several major international retailers have announced that they will temporarily close the doors of their stores as part of the fight against coronavirus proliferation in the U.S. and Europe. These include well-known companies such as Urban Outfitters, Anthropologie, Free People, Abercrombie & Fitch, Hollister, Everlane, Glossier, Patagonia, Reformation, Apple, Nike, Lululemon, Lush Cosmetics, Outdoor Voices, REI and Under Armour.

Mass closing began on Friday, March 13th. The first companies to announce these intentions were Glossier and Patagonia. Apple and Nike followed them, and others joined in. The retail outlets will stay closed for at least two weeks until the end of March. Then their owners will act on the situation. Most of these companies have confirmed that they will pay their employees their wages during the forced holiday period.

Store closures are forcing retailers to look for other ways to sell their products. As a result, there has been a significant increase in online sales, increased user interest in various mobile applications of brands, etc.

But not all companies can close their retail outlets; they have to look for other ways. First of all, this applies to sellers of food and essential goods. Thus, the Walmart network has announced a reduction in working hours for employees. And companies such as Whole Foods, Starbucks, and Trader Joe's have begun to implement all kinds of new means of protecting employees.

More about shopping malls in the USA



Sep 22, 2022, France:
Palm Angels expands its geography and enters the French market with the opening of a store in Paris.
Sep 20, 2022:
The new retail space will appear in the trendy Garosu-gil neighborhood of Seoul.
Sep 19, 2022, Sweden:
The official opening of the flagship store at Drottninggatan 53 is scheduled for September 30, 2022.
Sep 16, 2022, South Korea:
The store will be located at Lotte World Mall in Seoul's Jamsil district.
Sep 15, 2022, USA:
Pontegadea is negotiating the purchase of distribution centers in Wisconsin and Pennsylvania.
Sep 14, 2022, Spain:
Sales of the Indetex Group increased by almost 25% for the first half of the year.
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