TJMaxx, Marshalls and IKEA are closing all retail stores in the US, as they become the latest business casualties to fall victim to the coronavirus pandemic

TJMaxx, Marshalls and IKEA are closing all retail stores in the US, as they become the latest business casualties to fall victim to the coronavirus pandemic

Thông tin hình ảnh

Cập nhật: 16 Th9 20

Phân nhóm: Album Ảnh

Đánh giá:

Thông tin mô tả:

TJMaxx, Marshalls and IKEA are closing all retail stores in the US, as they become the latest business casualties to fall victim to the coronavirus pandemic. 

TJMaxx and Marshalls are shutting up shop worldwide in desperate efforts to ‘prevent the further spread of this virus,’ the retail group TJX Companies announced Thursday. 

Ernie Herrman, CEO and president of TJX Companies, said the group will also close its online operations, distribution centers and offices. 

All store, distribution and office staff will be paid during this time, he said. 

TJMaxx (above) and Marshalls are shutting up shop worldwide in desperate efforts to 'prevent the further spread of this virus,' the retail group TJX Companies announced Thursday

TJMaxx (above) and Marshalls are shutting up shop worldwide in desperate efforts to 'prevent the further spread of this virus,' the retail group TJX Companies announced Thursday

Ernie Herrman, CEO and president of TJX Companies (holding group of Marshalls above), said the group will also close its online operations, distribution centers and offices

Ernie Herrman, CEO and president of TJX Companies (holding group of Marshalls above), said the group will also close its online operations, distribution centers and offices

TJMaxx and Marshalls are shutting up shop worldwide in desperate efforts to ‘prevent the further spread of this virus,’ the retail group TJX Companies announced Thursday

The same day, the world’s biggest furniture brand IKEA announced it is shutting all 50 of its US stores in response to the crisis. 

IKEA will temporarily close all 50 of its US stores, as well as sites across the Netherlands, Belgium, Portugal, Denmark and Canada, Ingka Group announced.

‘Unprecedented times call for unprecedented measures.

This is the most responsible way IKEA can continue to care for our co-workers and our customers in a manner that is healthy and safe,’ said Javier Quiñones, IKEA Retail U.S. President, in a press release.

‘We are taking our role in containing this epidemic seriously, and we recognize the positive impact our actions could have on making life better for the millions of people who have been impacted by this crisis.’

IKEA employs 18,000 people in the US, most of whom are hourly workers now left without shifts.

The company has pledged to continue to pay employees for their normal shifts, as well as offer benefits and paid leave, according to Fast Company.

The US closures come after the Swedish furniture retailer had already shut up shop in its biggest market Germany, and several other European countries.

Stores in China which closed amid the country’s outbreak have all reopened except for one in Wuhan. 

IKEA is shutting all 50 of its US stores, as it becomes the latest business casualty caused by the coronavirus pandemic

IKEA is shutting all 50 of its US stores, as it becomes the latest business casualty caused by the coronavirus pandemic

IKEA is shutting all 50 of its US stores, as it becomes the latest business casualty caused by the coronavirus pandemic

News of the latest business closures came as experts warned that millions of Americans will be laid off from their jobs over the next few months.

Claims for unemployment benefits have already skyrocketed by 70,000 in the last week alone, with lines of people seen outside job centers Thursday.

Restaurants, bars, airlines and hotels have been some of the hardest hit by the coronavirus pandemic, with mandated government closures and people self-isolating across the country forcing businesses to hunker down and lay off staff.

Several industries are urging the government to provide federal relief to help keep them afloat amid the crisis, with the Senate’s $1 trillion coronavirus bailout expected to demand firms guarantee they avoid layoffs and keep paying staff if they receive federal aid.  

This comes the same day as:

  • Dow plunges 500 points one day after it closed below 20,000 for the first time in three years
  • Billionaire manager of world’s largest hedge fund Ray Dalio predicts US companies will lose $4 trillion in coronavirus recession 
  • Trump claims an anti-malaria drug is approved to treat coronavirus – but is corrected by the FDA head who says it is still ‘experimental’ 
  • Treasury Secretary Steve Mnuchin said struggling Americans could see their first round of checks in three weeks as part of trillion-dollar paid package 
  • New York state Gov Andrew Cuomo ordered 75% of non essential workers to stay at home as 22,284 people have now been tested in the state
  • The federal coronavirus plan predicts at least an 18-month pandemic 
  • Mike Pence says the administration has found tens of thousands of ventilators amid fears of shortfall of medical leave letter for employee equipment 
  • Young people are warned they’re not invincible to the virus as its revealed 38% of people hospitalized are between the ages of 20 to 54
  • Spring Breakers are urged to social distance on Florida beaches
  • US cases reached 10,248 and death toll stood at 157 
Empty restaurants: US businesses continue to fall into ruin and thousands of Americans are being laid off

Empty restaurants: US businesses continue to fall into ruin and thousands of Americans are being laid off

Empty restaurants: US businesses continue to fall into ruin and thousands of Americans are being laid off

Seven million restaurant workers could lose their jobs, experts warn, as restaurant groups start laying off thousands

Restaurants have felt the hit more than most, after more than 20 states have so far ordered them to close down to customers.

Local sites are desperately trying to survive by offering takeout and delivery options, which are still permitted under the orders.

Sobering statistics from the National Restaurant Association warn that $225 billion sales could be lost over the next three months, meaning around seven million jobs could be lost in the industry alone.

Around 15.6 million people work in the industry in the US leaving around half out of jobs and struggling to make ends meet.

Restaurants are already reporting a fall in business by 70 percent, and it’s the upscale and fine dining establishments which have been hardest hit.

Celebrity chef Tom Colicchio said this week he had to lay off 300 people at his New York Crafted Hospitality restaurant group, which includes popular eateries Temple Court and Riverpark.

The news followed an announcement from New York City restaurant giant Union Square Hospitality Group on Wednesday that it had been forced to lay off 2,000 workers or 80 percent of the company’s workforce. 

Famed restaurateur Danny Meyer’s company put the layoffs into effect on Wednesday morning ‘due to a near-complete elimination of revenue,’ the company told the <a style="font-weight: bold;" class="class" rel="nofollow noreferrer noopener" target="_blank" website York Times.

The company operates 18 restaurants in New York City, including the iconic Gramercy Tavern and Jazz Standard, and two in Washington DC. 

The company is currently selling <a style="font-weight: bold;" class="class" rel="nofollow noreferrer noopener" target="_blank" website cards and dedicating all of the proceeds toward an ’employee relief fund.’     

A nearly empty Times Square due to the coronavirus pandemic on Tuesday

A nearly empty Times Square due to the coronavirus pandemic on Tuesday

A nearly empty Times Square due to the coronavirus pandemic on Tuesday 

Taped off seating areas in a McDonald's restaurant in Brooklyn as the fast food chain complies with the state's rules for delivery and takeout services only

Taped off seating areas in a McDonald's restaurant in Brooklyn as the fast food chain complies with the state's rules for delivery and takeout services only

Taped off seating areas in a McDonald’s restaurant in Brooklyn as the fast food chain complies with the state’s rules for delivery and takeout services only

The shock announcement came just a day after the firm promised to keep paying all staff scheduled to work.  

Meyer had promised to keep paying staff salaries as well as medical insurance for the next month and costs associated with treatment of any staff struck down by the deadly virus.

‘Despite our closures and the total loss of our revenues, we will continue to pay employees scheduled to work through the pay-week,’ Meyer said in a statement.  

He also pledged to provide medical support for affected staff and free mental health support. 

In Montana, Billings restaurant chain including Walkers Grill and Jake’s Downtown steakhouse said Wednesday that it was laying off workers after the Yellowstone County Health Officer ordered closures.

The Union Square Hospitality Group, which includes famous New York eateries including Gramercy Tavern (above) and Union Square Cafe, has been forced to lay off 2,000 workers or 80 percent of the company's workforce

The Union Square Hospitality Group, which includes famous New York eateries including Gramercy Tavern (above) and Union Square Cafe, has been forced to lay off 2,000 workers or 80 percent of the company's workforce

The Union Square Hospitality Group, which includes famous New York eateries including Gramercy Tavern (above) and Union Square Cafe, has been forced to lay off 2,000 workers or 80 percent of the company’s workforce

Chairs hang stacked on empty tables at a closed restaurant Monday in the Big Apple as the city that never sleeps shuts its doors

Chairs hang stacked on empty tables at a closed restaurant Monday in the Big Apple as the city that never sleeps shuts its doors

Chairs hang stacked on empty tables at a closed restaurant Monday in the Big Apple as the city that never sleeps shuts its doors

‘There’s so many restaurants that, I don’t know if they’re going to make it through this.

And I hope they all can,’ Walkers Executive Chef and General Manager Nick Steen told Q2.

Steen said he had to lay off more than 30 people on Tuesday, with only about five employees left.

In Denver, where the restaurant and bar closure has already been mandated for at least eight weeks, restaurant groups across the city have already slashed their workforce. 

The Frasca family of four Denver and Boulder restaurants laid off 205 people and famed restaurateur Bryan Dayton let around 200 workers go from his Boulder and Denver restaurants within just 24 hours of the order coming into force, the Denver Post reported.

‘We’re hearing from restaurateurs around the state that they’re having to cut all or most of their staff and in many cases, dramatically reduce hours for those they can keep on,’ Sonia Riggs, CEO of the Colorado Restaurant Association, told the Post. 

‘It’s hollowing out the industry.’ 

Billionaire Bill Ackman warns that ‘every hotel company in the world is done’ if coronavirus response continues as it is 

Major hotel chains have also resorted to unprecedented mass closures, plunging the livelihoods of the six million Americans working in the hotel industry into turmoil.  

Hotel industry revenue fell nearly 12% in the first week of March, according to data from Trepp. 

Four million jobs will be lost in the next few weeks alone, the American Hotel & Lodging Association was predicted. 

Experts are warning that the toll on the industry has already dwarfed the impact of 9/11 and the global recession.

Sean Hennessey, president of consultancy Lodging Advisors and a New York University professor of hospitality told the NY Post that New York hotels had fallen to occupancy levels far below that seen after 9/11. 

<div class="art-ins mol-factbox floatRHS news" data-version="2" id="mol-5daffaa0-6a0b-11ea-8be1-5b3df8312c24" website hotels and airlines will lay off MILLIONS



Bạn không được quyền gởi ý kiến.