Ecommerce Shutdowns, Layoffs Among Impacts of Coronavirus Outbreak

| Mike O'Brien

The coronavirus outbreak is continuing to wreak havoc on retail, with the impact going beyond store shutdowns to online business being shuttered. Companies that closed their ecommerce operations in recent days include fashion brands Reformation, Marysia and The Frankie Shop, and retailers TJ Maxx, Marshalls and HomeGoods.

Marshalls to Launch Ecommerce Site

| Daniela Forte

Late to the ecommerce game, Marshalls is launching an online store later this year, its parent company, TJX Companies Inc. announced during its fourth quarter earnings call.