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Nike to close stores for two weeks amid coronavirus fears

Nike to close stores for two weeks amid coronavirus fears

Mubasher: Nike on Sunday said that it will shut down all its stores in the US and many parts of the world in an attempt to combat the outbreak of the novel coronavirus (COVID-19), CNBC reported.

Nike’s stores across the US, Canada, Western Europe, Australia, and New Zealand will all be closed starting from Monday 16 March until 27 March.

However, Nike’s stores in South Korea, Japan, most of China, and many other countries, will remain open based on daily assessments of the global pandemic.

In the meantime, the American brand is committed to fully pay its workers during the time off, a spokeswoman reportedly confirmed to CNBC.

Aside from Nike, many retailers such as Apple are closing their stores in the US, while Walmart limited its working hours.

By the end of 2019, Nike had 384 retail stores in the US, including Converse and its outlet locations, in addition to more than 750 locations internationally.

Global coronavirus cases currently stand at more than 156,000 cases, with at least 5,833 deaths, as per the most recent data.