Walmart, the largest retail store in the United States, is changing store hours during the coronavirus outbreak. Other US grocery stores, including Publix, Giant, Stop & Shop and H-E-B have also modified their hours in recent days. They say the reduced hours will give employees more time to clean stores, restock produce, sanitize shelves and keep workers healthy. However, some grocery chains, including the country's largest, Kroger, as well as Albertsons, Trader Joe's, Walmart, Target, BJ's and Whole Foods have not announced any changes to their hours. Some stores like Urban Outfitters, Patagonia (HGLD), Glossier and Neighborhood Goods, will temporarily close.
What is the impact of reducing store hours and temporarily closing stores on retailers, suppliers and customers, respectively?
If the CEO of a small retailer comes to you asking whether they should temporarily shut the door, what would you advise him?
Walmart shortens its hours and stores across America close their doors (CNN)
Publix, Giant and other grocery stores are changing hours to cope with shopping frenzies. Here's what you need to know (CNN)