Ikea, the word’s biggest furniture brand, will temporarily close all 50 store locations across the U.S. as well as the Ikea Planning Studio in Manhattan. The decision was made by Ikea leadership as a pre-cautionary measure due to the rapidly evolving novel Coronavirus (COVID-19).
Due to growing concern and in accordance with the Centers for Disease Control and Prevention (CDC)’s recommendation on large-scale events, the May NYCxDESIGN festival has been suspended. Instead programming will be presented this October, timed to align with a month of significant design events planned across the city, such as the Cooper Hewitt, National Design Museum’s National Design Week, Archtober, the Architecture and Design Film Festival (ADFF), and Open House New York Weekend. The NYCxDESIGN Awards program will continue to honor the design community in May, as planned, with virtual programming followed by a fall live event.
Due to the escalating COVID-19 outbreak and the need for social distancing, theMART, along with key industry stakeholders, have made the decision to postpone NeoCon 2020, originally scheduled for June 8-10, in Chicago.
The High Point Market Authority has announced its new dates for the postponed Spring 2020 High Point Market. Originally scheduled for April 25-29, the postponement was announced last week in light of NC Governor Cooper’s advisement to cancel all events that draw an attendance of 100 or more people due to the coronavirus (COVID-19) pandemic.
Atlanta-based Havertys (NYSE: HVT) has announced it will temporarily close its retail locations beginning March 19 until April 2 in response to the COVID-19 outbreak. The warehouse and distribution operations will also be suspended for two weeks, with teams receiving products from vendors and making home deliveries thru March 21.
RH (NYSE: RH) has announced temporary closure of its galleries, restaurants and outlets in North America.
Overstock.com (NASDAQ:OSTK) has announced the appointment of Adrianne Lee as its chief financial officer.