NIKE, Apple, REI closes all stores

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Business News Note:

NIKE is closing all of their stores worldwide. Within the US other retailers like REI, Apple, Warby Parker, Urban Outfitters, Glossier, Patagonia, and Allbirds are closing while Walmart and Luluemon are limiting hours of operation.

From NIKE press release:

The well-being of our teammates and consumers is our top priority so we have decided to close our stores in multiple countries around the world including in the United States, Canada, Western Europe, Australia and New Zealand to limit the spread of the Coronavirus (COVID-19). These closures will go into effect from Monday, March 16 through Friday, March 27. Customers can continue to shop on Nike.com and on our Nike apps.

We are taking additional steps in other Nike-managed facilities, including the option to work from home, staggered work schedules, social distancing and additional safety and cleaning steps to help protect and support our teammates.

Our Nike-owned stores in South Korea, Japan, most of China and in many other countries are currently open and will continue their normal operations.