Coronavirus: a clear and present danger to retailers

Take action NOW to mitigate potential negative effects on your retail business. Health officials now believe that the spread of coronavirus (Covid-19) in the U.S. “is inevitable”. Whether the coronavirus outbreak elevates to a global pandemic, or simply dissipates with the passage of winter, the damage has already begun. Global stock markets are taking a hit, and the effects of production slowdowns and restricted movement are bound to impact retailers in the weeks and months to come. Facebook has canceled the in-person portion of their upcoming F8 conference in May and some businesses are starting to adopt a work-from-home policy, so the initial effects are beginning to develop here in the United States. Read more at Management One.