The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to national and global response, the work place and the spread of the virus.
________________________ RETAIL ROUNDUP: Macy’s warns it could lose more than a $1 billion during its fiscal first quarter.
The chain began to reopen stores earlier this month and expects most stores to be open in mid-June. — Discount retailer TJX has reopened more than 1,600 of its stores worldwide to date.
The company has fully or partially reopened in 25 states. TJX Canada began reopening stores in some provinces this week, and stores in Germany, Austria, Poland, the Netherlands and Australia are fully open.