The value fashion retailer details store closings, openings...www.catofashions.com Is Cato going out of business?

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All of The Cato Corporation's stores will be closed through at least April 16 due to the COVID-19 Pandemic.The company had hoped to reopen all 1,300 of its stores by April 1.As the spread of the coronaviruses gets worse, companies like Cato are forced to extend store closings.

Many of Cato's workforce is no longer employed.Corporate employees at the home office in Charlotte, North Carolina, as well as employees of the distribution center, are included.

Many consumer-discretionary retailers are left with no choice but to close their stores.Most of Macy's 130,000 employees were laid off as stores remain closed indefinitely.Similarly, luxury home-furnishings retailer RH is keeping its stores closed indefinitely and paying its employees through April 3.

This may be a difficult time for him.The distribution center is in Charlotte.Gov.The stay-at- home order was signed by Roy Cooper.The Charlotte workforce has been directly impacted by the nonessential retailer.

Macy's has some e- commerce to fall back on.It won't have the same option now that the distribution-center workers are out of work.Losing e- commerce revenue is not as damaging as having stores closed.The company's e-commerce operations generated less than 3% of revenue.