The coronavirus pandemic (COVID-19) has not only impacted the physical health of humans around the world, but the health of the U.S. economy as well. The stock market has fallen about 33 percent from its February highs, and unemployment is estimated to rise to between 20 percent and 30 percent — though no one knows the true fallout yet. Because we’re still in the thick of it.
Real Estate
Macy’s, one of the nation’s premier retailers, announced that it will close approximately 125 stores that together account for approximately $1.4 billion in annual sales, and focus on growing digital business.
As the spring selling season gets underway and the number of coronavirus cases and deaths rises across the United States, some agents have had to come to terms with the harsh reality that the outbreak is putting them in the delicate position of forgoing common practices such as holding open houses or even shaking hands to contain the spread of the COVID-19 disease.
Plans for an O’Reilly Auto Parts in East Providence have received approval from the East Providence Zoning…