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Tag: outbreak

McDonald’s asks US franchisees to close dining rooms amid coronavirus outbreak

Pedestrians walk past a McDonald’s Corp. restaurant in the Shibuya district of Tokyo, Japan, on Monday, Jan. 20, 2020. Noriko Hayashi | Bloomberg | Getty Images McDonald’s on Monday is asking its U.S. franchisees to close their dining rooms as the company responds to the coronavirus outbreak. The fast-food giant plans to close the dining …

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Coronavirus outbreak prompts states to ban restaurant dining

A closure sign posted on the window of a restaurant in New York City due to the coronavirus pandemic. Adam Jeffery | CNBC While the federal government weighs closing restaurants and bars amid the coronavirus outbreak, restaurant companies and at least 11 states are already closing dining rooms. Photos of Americans in restaurants and bars …

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These retailers are closing stores to slow coronavirus outbreak

A man checks his phone in an Apple retail store in Grand Central Terminal in New York City. Drew Angerer | Getty Images Major retailers across the U.S. are shutting down their stores or reducing hours in response to the coronavirus pandemic. The decisions, while smart for customers, workers and the community at large, will …

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Adidas and Puma sales collapse in China amid coronavirus outbreak | Business

Adidas and Puma have reported a collapse in sales in China as a result of the coronavirus outbreak and warned disruption was spreading to other markets. Adidas said its first-quarter sales would be down by as much as €1bn (£870m) in Greater China and about €100m in Japan and South Korea. The slump would lead …

Adidas and Puma sales collapse in China amid coronavirus outbreak | BusinessRead More

UK shoppers rush to buy frozen food and freezers amid coronavirus outbreak | Business

Sales of both freezers and frozen food have surged in the UK amid panic buying by Britons worried about the spread of coronavirus. The online appliance retailer AO.com said freezer sales jumped more than 200% last week as worried shoppers sought to increase their ability to store food. John Lewis also reported a big uplift …

UK shoppers rush to buy frozen food and freezers amid coronavirus outbreak | BusinessRead More

Darden begins offering paid sick leave to all workers amid coronavirus outbreak

Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Darden Restaurants said Monday it is providing paid sick leave for all hourly workers across its restaurant chains. Olive Garden’s parent company said it has been working on the policy for a while, but sped up the process …

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Delivery and digital services thrive on coronavirus outbreak | Business

Food delivery and digital subscription services are witnessing a surge in sales while department stores, fashion chains and restaurants are taking a hit, as consumers opt to stay in with a takeaway to avoid the recent storms and the coronavirus outbreak. In the latest blow to retailers already suffering from the shift to online shopping, …

Delivery and digital services thrive on coronavirus outbreak | BusinessRead More

Outbreak could cause more pain if it hits American wallets

Life inside a red zone: Gino Verani, 87, sits a table in a piazza in San Fiorano, one of the towns on lockdown due to a coronavirus outbreak. Marzio Toniolo | Reuters Empty streets, eerily quiet malls, dark storefronts and seldom there are a few people willing to take the risk to venture outside. Cities …

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VF closes more than half its stores in China in response to coronavirus outbreak

Get great content like this right in your inbox. Subscribe The parent company of The North Face, Timberland, Vans and Dickies is facing a sales slowdown in China. VF Corp. said that 60% of its owned and partner stores in China have been temporarily closed due to the coronavirus outbreak. The stores that remain open …

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Tapestry names new CEO for Kate Spade; cuts guidance on coronavirus outbreak

Coach parent Tapestry reported second-quarter earnings and sales that topped analysts’ expectations but warned of headwinds in Asia, including the coronavirus outbreak in China. Tapestry also made several C-suite appointments, including the appointment of Liz Fraser as CEO and president of Kate Spade, effective March 1. She will take over control of the struggling brand …

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