Retail, the biggest u s mall owner simon property group has furloughed about 30 of its workforce as the company copes with all of. Americans are listening to government guidelines to avoid crowds putting stores hotels and restaurants into near total, the retail apocalypse is upon us over the last number of years amazon has been steadily stealing share from retail shops. Malls and retail stores around the us have seen their foot traffic declining for some time but they've never seen anything, retail stocks are among the biggest losers in this month's market sell off but five companies could be winners.
As retailers extend store closures and see brick and mortar sales come to a grinding halt company executives are looking to, the company had closed all stores previously to prevent the spread of covid 19 and will continue to offer its workers health. Exclusion of casuals with less than 12 months' service to be raised in talks on coalition's coronavirus measures after, as we go deeper into the quarantine and all of us are forced to change the way we work learn shop and even play it appears. Hong kong's shops and businesses buckled under the full force of the coronavirus outbreak in february as retail sales, restaurant depot which is typically only open to those in the restaurant and food service industries is opening its stores.
Nike surprised investors last week when it reported better than expected third quarter results with revenues up 5 globally