AT&T
AT&T has announced the closure of 250 retail locations, including AT&T Stores and Cricket Wireless locations. According to the Communications Workers of America, the store closures will affect 1,300 people. According to CNN, AT&T intends to offer workers from the affected stores other work-from-home opportunities within the company. Just over two years ago, AT&T announced plans to open over 1,000 new stores. At the time, the company had over 5,300 locations.
Tuesday Morning
These are trying times, even for a deep-discount retailer whose stores usually look like they’re having going-out-of-business sales. Tuesday Morning has filed for bankruptcy and will hold real liquidation sales in the summer of 2020, as it prepares to close around 230 of its nearly 700 stores. In a news release, CEO Steve Becker says, “The prolonged and unexpected closures of our stores in response to COVID-19 has had severe consequences on our business.”