What’s An Essential Retailer During A Pandemic? Depends Who You Ask [Forbes]
Bed Bath & Beyond, Inc. (BBBY)
Last bed bath & beyond, inc. earnings: 4/15 04:15 pm
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Source: Forbes
Essential or non-essential? Maybe you need to ask a higher power. (Photo by Michael Brochstein/SOPA... [+]Images/LightRocket via Getty Images)There is a very precise definition for what are essential goods today. But for many retailers the definition is whatever they sell.As some states start to allow retail stores to reopen and others contemplate similar actions, the question of what is essential – and what isn’t – is becoming ever more critical.While more than 150 larger retailing companies have closed down entirely due to coronavirus and scores of others are shut locally, a sector of retailing has remained open for business.In the most obvious examples, stores selling food, drugs and household basics have been allowed to continue in operation and these retailers are also for the most part selling anything else they carry. Then there is the class of retailers who fall into a grey zone of essential products: liquor, pot, sporting goods, dry cleaning, auto parts, pet supplies and book
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