Omicron news and archive

Macy's shortens store hours

Omicron has begun affecting retail store hours. With New York COVID-19 hospitalization rates alone topping 10,000 for the first time in 20 months, Macy’s has decided to shorten store hours on some days for all stores for the rest of January. The news was reported by Reuters. Store hours will be reduced to 11 am to 8 pm from Monday to Thursday,...

Retail

As Omicron spreads, consumers spend on goods, not services

The latest information concerning the Covid-19 variant Omicron shows infections in the UK could double every two days. This would clarify why British households are spending more on goods and less on services, according to data from the Office of National Statistics (ONS). As was reported by the Retail Gazette, credit and debit card spending in...