These Retailers Shutter Stores As Lootings Mar George Floyd Protests [Investor's Business Daily]
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Related news Target ( TGT ), Walmart ( WMT ), Nike ( NKE ) and Apple ( AAPL ) are among the retailers that closed stores and cut operating hours as curfews were imposed amid widespread looting connected to the George Floyd protests in cities across the country. Retail stocks were mixed. Protests erupted around the country over the death of unarmed black man George Floyd, who died as officers tried to take him into custody in Minneapolis. Derek Chauvin, who was filmed restraining him by kneeling on his neck for several minutes, has been charged with murder. But looters have been raiding and smashing up stores. It is another blow for retailers, which are in the process of reopening following coronavirus shutdowns. Target temporarily closed 175 stores due to the ongoing protests. Some 71 stores are in Minnesota, with at least a dozen being shuttered in California and New York. The discounter has said it will pay workers affected by the closures for up to 14 days of scheduled hours. Empl
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