In response to the escalating coronavirus outbreak, Stio asked all corporate employees to begin working remotely effective Friday, March 13, 2020, for a minimum of 30 days and continue to do so until further notice as the situation unfolds.
Author: SGB Media

Under Armour To Shut Doors To Combat Virus
Under Armour announced it will close all 188 of its company stores in North America from March 16 through March 28 as a precaution amid the global spread of coronavirus.

Columbia Sportswear To Temporarily Close Stores
Columbia Sportswear Company said it was closing its store locations from March 16 through March 27. The company also announced a number of other steps being taken in response to coronavirus.

VF Corp. To Shutter Stores Through April 5
In response to the global COVID-19 coronavirus outbreak, VF Corporation announced the temporary closure of all owned retail stores across North America, effective March 16 through April 5.

NRF: Retailer Leaders Issue Statement On Responsible Shopping During Covid-19 Pandemic
National Retail Federation President and CEO Matthew Shay and Retail Industry Leaders Association President Brian Dodge are advising consumers to shop responsibly during the coronavirus (COVID-19) pandemic.

RILA: Leading Retailers Step Up To Partner On Covid-19 Testing
Brian Dodge, president of the Retail Industry Leaders Association (RILA), issued a statement following the White House announcement for plans to develop a web portal and drive-through sites for coronavirus testing in partnership with leading retailers.

REI Retail Stores Closing Until March 27
REI Co-op is closing its retail stores from Monday, March 16, through Friday, March 27, to “help protect the health and safety of our employees and customers” from the coronavirus, CEO Eric Artz said in a statement.

Patagonia ‘Temporarily’ Shuts Down Operations
Patagonia on its website said it is “temporarily shutting down operations” to protect its community from the spread of the coronavirus.

Lululemon To Close All North American, European Stores
Lululemon on Sunday provided an update on its global store operations in response to the continued spread of the coronavirus. The company said it will close all stores in North America and Europe from Monday, March 16, through Friday, March 27.

Nike Closing Stores In Response To Coronavirus
Nike Inc. on Sunday said it is closing all stores in the U.S., Canada, Western Europe, Australia and New Zealand from Monday, March 16, through Friday, March 27, to limit the spread of the coronavirus.

Alterra Mountain Co. Suspends Operations At North American Ski Resorts
Alterra Mountain Co. has suspended operations at its 15 North American ski resorts, starting the morning of Sunday, March 15, until further notice, according to CEO Rusty Gregory.

Holubar Mountaineering Opens First North American Flagship In New York
Holubar Mountaineering opened its first mono-brand flagship store at 405 W. 14th Street, in New York City. Located near the Chelsea Market, the store is the first of a series which will be opening in the next two years with plans to open five stores in North America and five in Europe.

Survey: Nearly Half Of Retailers Expect Hit From Coronavirus
About half (47 percent) of retailers expect some downside in revenue due to the coronavirus, according to a survey conducted in March 2020 of 304 retailers by Digital Commerce 360.

Brad Weston Becomes Party City’s CEO
Party City Holdco Inc. said Brad Weston, who was SVP and chief merchandiser at Dick’s Sporting Goods from 2006 to 2011, has been appointed CEO of Party City Holdco Inc.

The Buckle’s Q4 Earnings Rise 14 Percent
The Buckle Inc. reported earnings rose 14.4 percent in the fourth quarter as same-store sales grew 3.3 percent.