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Apple, a couple of U.S. retailers closing stores, to include a virus

(Reuters) – Apple Inc’s (AAPL.(O) said it is closing all stores, with the exception of those in China, and for the next two weeks in order to minimize the risk of corona virus transmission, in a move that has been followed by several US retailers on Saturday.

The announcements are escalated to the global response to the outbreak, since most of the companies had previously been held in the shops to be open.

Apparel retailer Urban Outfitters Inc. (URBN.D) who is the owner of brands including Anthropologie and Free People, said on Saturday it was close to all of the consumer’s shopping world, until at least the 28th of March.

Verizon Communications, Inc. (CH.(N) said that it will temporarily close a number of its stores” in the United States, in order to expand its work from home policy in some of its retail employees.

“We will be closing all of our stores outside of China until the 27th of March, Apple CEO Tim Cook wrote in a letter to apple.co./2w768jZ posted on the web site of the company’s board of directors late on Friday.

Apple is re-opened, all 42 of its branded stores in China on Friday, as the number of new cases of the corona virus outbreak has occurred.

Some 153,000 people have been infected around the world, and 5,788 of his death, according to a Reuters tally.

Retailers are bracing for a hit to sell it as a virus alert buyers in Europe and the United States of america to stay at home. U.S. retailers, including Macy’s Inc (M. N), Saks Fifth Avenue and Gap Inc’s (GPS.N) Banana Republic, sent messages to shoppers on Thursday, saying they were open for business on the move, the losses can be attributed to a sharp decline in the flow of traffic.

A Slideshow (5 Images)

Apple’s per-hour employees shall continue to receive the pay in consultation with business-as-usual, operating system, Cook said, online sales is expected to continue.

“In all of our offices, we are moving to a flexible working world, outside of China,” he added. “This means that the members of the team to work remotely, if their job allows it.”

The Philadelphia-based Urban Outfitters said that it would continue to pay its store employees, as the stores are closed.

Reporting by Rama Venkat in Bengaluru; Writing by Rama Venkat and Caroline Stauffer; Editing by Raju Gopalakrishnan, Chizu Nomiyama and Daniel Wallis

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