Store Closures in North America Begin as Coronavirus Spreads

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Store Closures in North America Begin as Coronavirus Spreads
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Retailers have started to close shops Stateside as the coronavirus makes its way around the globe.

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“It’s a day at a time,” said Steven Kolb, president and chief executive officer of the Council of Fashion Designers of America.⁣⁣ ⁣⁣ “It’s a scenario that no one could have predicted,” he said. “We kind of have to be resilient, we have been through down times before post 9/11 and the 2008 recession. The industry rebounded and I think we have to just be resilient and strong and be creative in how people run their businesses,” Kolb said.

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