Mar 14, 2020 - Technology

Apple is closing non-China stores amid coronavirus spread

Photo: Ding Junhao/VCG via Getty Images

Apple announced it will close all its retail stores worldwide except for greater China until March 27 amid the rapid spread of the novel coronavirus, and will donate $15 million to help mitigate its impact.

Why it matters: Apple's stores are a significant revenue generator for the company, but the flip-side of the company's efforts to make them community gathering spots is that they're now posing a risk as authorities warn against crowd gatherings.

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Major retailers close doors in U.S. in response to coronavirus outbreak

Apple's flagship store in New York City. Photo: Stephanie Keith/Getty Images

Major retailers are closing their doors or reducing their open hours across the United States in an effort to blunt the spread of the novel coronavirus.

Why it matters: While the closures may help slow the outbreak, they will also hamper the already-stressed retail industry, according to CNBC.

Go deeperArrowUpdated Mar 17, 2020 - Economy & Business

Tim Cook to allow most Apple staff to work from home this week

Photo: Justin Sullivan/Getty Images

Apple CEO Tim Cook has informed employees in most global offices that they may work from home between March 9–13 as the company grapples with the "unprecedented" coronavirus outbreak, according to a memo first reported by Bloomberg and confirmed by Axios.

The big picture: Apple joins a chorus of other companies encouraging workers in Seattle or the Bay Area to work from home, including Amazon, Facebook, Microsoft and Salesforce. Apple, like these other companies, said in the memo will continue to pay its hourly staff while full-time workers telecommute.

Go deeper: Apple's coronavirus warning foreshadows broader threat for tech

Nordstrom and Foot Locker close North America stores over coronavirus

A Nordstrom store in Manhattan. Photo: Spencer Platt/Getty Images

Nordstrom and Foot Locker announced the temporary closure of their stores, effective Tuesday, in response to the novel coronavirus outbreak.

Details: Nordstrom said in a statement all of its U.S. and Canada stores would remain closed for two weeks and it withdrew its fiscal 2020 forecast that it issued on March 3 because it said it "did not include the impact of COVID-19." Foot Locker's North America stores will remain closed through March 31.