- Overnight both Blue Mercury and Space NK notified companies they are moving their payment schedule from 30 days to 120 days – i.e. moving from paying within 30 days to paying within four months.
- Nordstrom announced they are furloughing a portion of employees for six weeks starting April 5. Executive team forgoing a portion of their salary from April to September.
Breaking News: State of the Beauty Industry (UPDATED)