States Reopen for Business, but Many Big Chains Sit It Out for Now

  • 📰 WSJ
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Macy’s, Gap and TGI Fridays are among the big national chains saying they will sit out the early phase of reopening in states such as Georgia and South Carolina, citing health concerns and uncertain customer demand

As some states lurch toward restarting their economies after coronavirus closures, many big companies remain hesitant to open their doors.

Macy’s Inc., Gap Inc. and TGI Fridays Inc. are among the big national chains saying they will sit out the early phase of reopening in states such as Georgia and South Carolina, citing health concerns and uncertain customer demand. Other businesses, including Best Buy Co. and Starbucks Corp., will also continue in lockdown mode, keeping stores closed to shoppers and fulfilling online orders...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Reparations

RadioFreeTom Reparations

RadioFreeTom Shouldn’t be a problem for Macy’s. Customer density was probably low pre COVID.

Businesses have to lead, when government officials abdicate their responsibilities for political expediency.

Sane!

RadioFreeTom I really need a clean T-shirt.

RadioFreeTom Smart move.

RadioFreeTom DEMAND!! the economy runs on DEMAND, not the desperation of the president or the needs of the shareholders.

This is how the process should work, no? Reopening doesn’t force a company to operate, or workers to work.

Thank you!

JCOviedo6 ...Plus they can't find anyone to work until their unemployment runs out.....

That’s fine, they have the freedom to choose that. Just like they have the freedom to close on Christmas or stay open for Easter.

Not least because they know that the customers most likely to storm the doors are those who are most likely to ignore health directives and contaminate others. Huge liability. Smart.

NSA surveillance universal. Evidently you have reason to seek unauthorized access. I am destroying your reputation. See tweet counts.

Smart. Very smart.

There is no customer demand for these businesses even in the best of times.

Australia Australia Latest News, Australia Australia Headlines