Store closures and reduced hours (Updated)

Store closures and reduced hours (Updated)

Retailers are shuttering storefront locations across the globe to slow the spread of the coronavirus, or COVID-19. On March 11, the World Health Organization declared COVID-19 a worldwide pandemic, and two days later, President Donald Trump declared the outbreak a national emergency. Here’s an up-to-date list of major companies — apparel, fast-food chains, electronics, and […]
Landlords offer retailers some relief amid the coronavirus outbreak

Landlords offer retailers some relief amid the coronavirus outbreak

Retailers fear that temporary closures to slow the spread of COVID-19 might turn permanent, if a drop in sales mean they cannot pay their bills.  Most national retailers have already sent letters to their landlords requesting a deferral of rent until June 30, and with...