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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.

Driving the news: Nordstrom, Macy's, Bath and Body Works and Sephora are the latest stores to close for several weeks and service customers online only.

  • Foot Locker's North America stores will remain closed through March 31.
  • Nike said Sunday that all of its stores in the U.S., Canada, Western Europe, Australia and New Zealand will close from Monday through March 27, CNBC reports. A spokesperson said all workers will still be paid while the stores are closed.
  • Abercrombie & Fitch will close all of its stores outside of the Asia-Pacific region between March 15 and March 28. It has about 850 stores worldwide, per CNBC.
  • Apple on Tuesday announced it will close all of its retail stores worldwide indefinitely, except in China. CEO Tim Cook said hourly workers will continue to receive pay while stores are closed.
  • Urban Outfitters, which operates 600 stores under various brands, will close temporarily until at least March 28 but continue to pay workers.
  • Patagonia closed all of its stores, offices and other operations on March 13. Rose Marcario, the company's CEO and president, said employees will receive their regular pay during the closure.
  • Walmart is closing its 24-hour locations overnight to restock products and clean the stores. Stores that were open 24 hours will now operate from 6am to 11pm, according to USA Today.

By the numbers: The U.S. had 5,700 cases of the virus and 94 deaths as of Tuesday afternoon, according to Johns Hopkins University.

Go deeper

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: Supreme Court backs religious groups on New York COVID restrictions.
  3. Economy: Safety nets to disappear in DecemberAmazon hires 1,400 workers a day throughout pandemic.
  4. Education: U.S. public school enrollment drops as pandemic persists — National standardized tests delayed until 2022.
  5. Cities: Los Angeles County issues stay-at-home order, limits gatherings.
  6. World: London police arrest dozens during anti-lockdown protests — Thailand, Philippines sign deal with AstraZeneca for vaccine.

Tony Hsieh, longtime Zappos CEO, dies at 46

Tony Hsieh. Photo: FilmMagic/FilmMagic

Tony Hsieh, the longtime ex-chief executive of Zappos, died on Friday after being injured in a house fire, his lawyer told the Las Vegas Review-Journal. He was 46.

The big picture: Hsieh was known for his unique approach to management, and following the 2008 recession his ongoing investment and efforts to revitalize the downtown Las Vegas area.

Dan Primack, author of Pro Rata
8 hours ago - Economy & Business

The unicorn stampede is coming

Illustration: Annelise Capossela/Axios

Airbnb and DoorDash plan to go public in the next few weeks, capping off a very busy year for IPOs.

What's next: You ain't seen nothing yet.

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