Retail Scorecard: Macy’s, Best Buy Among Reopeners; Nordstrom, TJX, Others Remaining Closed [Forbes]
ASCENA RETAIL GROUP (ASNA)
Last ascena retail group earnings: 6/10 04:06 pm
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Source: Forbes
Nordstrom, along with most department stores and those selling apparel remain closed. (Photo by... [+]Olivier DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)Just as the near total shutdown of most of American retailing was sudden, random and without a whole lot of rhyme and reason, the reopening process is going largely the same way.Some big national retailers are tiptoeing around, opening a few stores in states where restrictions are being lifted. Others are going gangbusters and announcing widespread and chain-wide reopenings. And still others are saying, no, it’s not time yet and we’re going to wait a little longer.All of this activity is set against a medical and safety landscape where very few – if any – states are meeting federally suggested guidelines for reopening…even as the president contradicts himself and applauds the restart. In some areas, both the number of cases of COVID-19 and the death rates are increasing.Likewise, despite some high-profile protests
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