Walmart Shortens Operating Hours Due to COVID-19 Stockpiling
[Asia Economy Reporter Kiho Sung] Walmart, the largest retail company in the United States, has shortened its operating hours due to the spread of the novel coronavirus infection (COVID-19).
According to local media on the 15th (local time), Walmart is reported to have made this decision due to panic buying caused by concerns over COVID-19.
In the United States, in preparation for so-called social distancing and quarantine situations due to COVID-19, purchases of groceries and detergents have increased, and some stores have run out of toilet paper and hand sanitizers.
Dakona Smith, Vice President of Walmart USA, stated in a press release, "An unprecedented situation is unfolding right now," and added, "By shortening operating hours, we will be able to secure the products in shortage."
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Accordingly, some Walmart stores that operate 24 hours will adjust their operating hours to 6 a.m. to 11 p.m.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
