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The move will help the company complete an "expedited restructuring" to reduce its debt that should be done by the second quarter of 2023. On January 27, 2023, Bed Bath & Beyond announced that it would be closing all Harmon Face Values stores due to the COVID-19 pandemic impacting it business and supply chain issues.
States, territories, and counties that issued a stay-at-home order in 2020. State, territorial, tribal, and local governments responded to the COVID-19 pandemic in the United States with various declarations of emergency, closure of schools and public meeting places, lockdowns, and other restrictions intended to slow the progression of the virus.
Retail apocalypse refers to the closing of numerous brick-and-mortar retail stores, especially those of large chains, beginning around 2010 and accelerating due to the mandatory closures during the COVID-19 pandemic. [2] [3] In 2017 alone, more than 12,000 physical stores closed. The reasons included debt and bankruptcy in the face of rising ...
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So far, the store closures — coupled with increased traffic to the best locations from those seeking COVID-19 tests and vaccines — appears to be driving better profits.
Southeastern grocer Publix is giving its employees $125 gift cards when providing proof of vaccination. Starbucks employees will receive up to four hours of paid time for vaccine dosage appointments.
The Wayfair store was planned to open in 2023 or 2024 before plans were cancelled. In August 2020, Lord & Taylor announced that it would close its stores, including in this location, as a direct result of the COVID-19 pandemic. The previous Lord & Taylor store is being reconstructed for a modern office use concept.
August 25: According to Texas DPHS usual daily number of covid-related fatalities per weekday began to exceed 200, and continues to grow. Weekly fatalities exceeded 1000, for first time after the first half of Match. The fatalities growth indicates that the level of 2000 per week is achievable in two or three weeks.