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Friday, March 27, 2020

Retailers pitch in to combat coronavirus pandemic

Retailers are attempting to fill a void as hospitals and healthcare facilities throughout the U.S. experience shortages of personal protective equipment.
Gap (NYSE:GPS), HanesBrands (NYSE:HBI), Ralph Lauren (NYSE:RL) and Canada Goose (NYSE:GOOS) are all shifting production lines from making apparel to manufacturing face masks, scrubs and gowns, as well as utilizing connections in their supply chains.
Other companies like Target (NYSE:TGT), Lowe’s (NYSE:LOW) and Home Depot (NYSE:HD) are redirecting supply to frontline healthcare workers.
https://seekingalpha.com/news/3555744-retailers-pitch-in-to-combat-coronavirus-pandemic

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