Bloomberg British food retailers have written a joint letter to their customers asking them to “buy responsibly” in the wake of shoppers stockpiling over fears about the new coronavirus. In an extraordinary development, 12 of Britain’s biggest grocers will publish advertisements in national newspapers on Sunday and Monday. Entitled “Working to Feed the Nation,” the letter reassures shoppers about steps …

Bloomberg Walmart Inc, the biggest US retailer, was expected to cut its store operating hours starting from Sunday to give its workers time to restock shelves as the coronavirus outbreak intensifies. The pandemic is prompting Americans to buy more groceries and other daily necessities including cleaning products, often emptying shelves in anticipation of an extended period of so-called social distancing …

Bloomberg UK mall landlord Intu Properties Plc may struggle to continue operating due to high debts and plunging asset values, its auditors warned. Intu shares declined as much as 16% last week, bringing their loss for the year to 83%. Its unsecured bonds due in 2022 fell 7 pence on the pound to 30 pence, the lowest level on record, …