Tapestry reported that sales fell nearly 20% during its third-quarter as 90% of its global stores were either closed or open with reduced hours amid the COVID-19 pandemic.
Nail salons and barber shops have been given the approval to re-open in Georgia and Simon Property Group will be opening 49 malls and outlets the first week of May.
As stores remain closed and rents go unpaid, top executives at the real estate companies that run malls and shopping centers continue to take pay cuts.
