Emerald Holding Inc., parent of Outdoor Retailer, on Tuesday announced an update on the company’s first and second quarter events as a result of the evolving impact of the coronavirus on the global economy, the events industry and Emerald’s business.
Results for "coronavirus"
Foot Locker To Shutter Stores Due To Coronavirus, Withdraws Guidance
Foot Locker Inc. says it will close stores across North America, EMEA (Europe, Middle East and Asia) and Malaysia from March 17 through March 31.
L.L. Bean Closing U.S. Stores Over Coronavirus Concerns
L.L. Bean is closing all U.S. retail locations beginning midnight Monday, March 16 through March 29 out of precaution for the spread of the coronavirus, L.L. Bean President and CEO Steve Smith wrote in a letter to customers on Monday.
Coronavirus: Letter From Francois Goulet, President, Rossignol Group NA
“In response to COVID-19 and concern for the health and well-being of our employees as well as the larger community, Rossignol Group North America announced proactive steps and precautions for staff over the weekend, effective immediately”.
Academy Sports Outlines Coronavirus Response To Customers
In a letter to customers, Ken Hicks, Academy Sports’ chairman, president, and CEO, announced a number of precautions the chain is taking in response to coronavirus. He wrote in part, “We are fortunate that we currently have no reported team member or customer cases and our stores and facilities remain open for business.”
Dick’s Reduces Store Hours And Closes 10 Stores In Response To Coronavirus
Dick’s Sporting Goods said that as of March 17 it will be closing 10 stores and reducing daily hours across the chain due to the coronavirus outbreak. The revised store hours include 11:00 a.m. to 8:00 p.m. on weekdays.
March 16 Coronavirus Notebook: Closures, Cancellations And Postponements
SGB Executive’s update on the latest closures, cancellations and postponements due to the ongoing coronavirus outbreak.
Industry Executives Discuss Coronavirus Impact
The coronavirus fallout on supply chains and increasingly consumer spending was addressed extensively on quarterly conference calls last week. Many expressed vast uncertainty on what disruptions the coronavirus may have on retail. Dick’s CEO Ed Stack said, “We have no idea. I don’t think we’ve seen anything like this in a very, very long time.”
Coronavirus Closes Ski Resorts
The coronavirus has hit mountain towns especially hard, and Saturday afternoon was an inflection point for the ski industry. When Vail Resorts Inc. announced it was suspending operations at its North American ski areas, most others followed suit.
Stio Announces Retail Stores And Offices Are Closed In Response To The Coronavirus
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.
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.
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.
Kohl’s Postpones Investor Day Due To Coronavirus Spread
Kohl’s Corp. in a regulatory filing that it will postpone its investor day planned for Monday, March 16, as a coronavirus precaution. The retailer also noted that its certain categories “most affected by the virus” although it didn’t identify those categories.
Coronavirus Has Disrupted Supply Chains For Nearly 75 Percent Of U.S. Companies
According to a survey from the Institute for Supply Management (ISM), nearly 75 percent of companies report supply chain disruptions in some capacity due to coronavirus-related transportation restrictions, and more than 80 percent believe that their organization will experience some impact because of COVID-19 disruptions.
Genesco Warns Of Challenging First Half Due To Weather And Coronavirus
Genesco Inc. reported fourth-quarter earnings that came in well above Wall Street’s target but also indicated that the first quarter has gotten off to a slow start due to unseasonably warm weather impacting boot sales and softening traffic in tourist areas tied to the coronavirus.