Post-Coronavirus Retail: What Shopping Will Look Like As Stores Begin Reopening [Forbes]
JC PENNEY (JCP)
Last jc penney earnings: 2/27 07:30 am
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Source: Forbes
NEW YORK, NEW YORK - APRIL 29: A costumer wearing a mask and gloves pushes a shopping cart in a... [+]supermarket amid the COVID-19 pandemic on April 29, 2020 in New York City, United States. COVID-19 has spread to most countries around the world, claiming over 219,000 lives with over 3.1 million cases. (Photo by Alexi Rosenfeld/Getty Images)The recent reopening of some stores, the pickup of merchandise outside leading stores and the effort to open units in Texas by this weekend all point to an effort by retailers to restore some sense of business as usual. I hear that Macy’s plans to reopen stories in different areas; JC Penney will open stores in Nebraska, Oklahoma and Arkansas; and Neiman Marcus will also start having curbside pickups. Nordstrom appears to be following a “stay closed” strategy but is filling orders from its full line stores.When you hear all this talk across states, it sounds like we might see open stores soon—but activity will vary and will depend on each state’s
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