Coach's Parent Company Plans Soft Store Reopening

Like most other American retailers, Coach has been hit hard by the coronavirus-induced shutdown, with 90 percent of its global outposts closed in the name of safety. However, as Reuters noted, Coach parent Tapestry has plans to gently reopen its Western brick and mortar locations.Tapestry has already reopened nearly all of its Coach and Kate Spade stores in China, and the company is aiming to offset this quarter's historic loss -- its first major sales drop in almost two decades -- by restaffing...