Target CEO Gives Update on Coronavirus Impact, Says Doors Will Remain Open Through Crisis
On Friday, President Donald Trump officially declared COVID-19 a national emergency. But he wasn't the only man on the White House's stage. Joining him were prominent CEOs from the private sector, among the Target's (NYSE: TGT) Brian Cornell. After being invited to the microphone by Trump, Cornell vowed that his chain would do its part in combating this national emergency, but would keep its stores open throughout the crisis.
A few days ago, Target outlined the measures it's taking in its stores. It has increased staffing so that it can more rigorously clean its stores. This prevents the virus from sitting on surfaces -- especially on touch surfaces like self-checkout screens. The retailer has also increased its staffing for order pickup and drive up, which will facilitate social distancing.
Source Fool.com