Brick-and-mortar retailers are having a tough time riding out the effects of COVID-19. That was to be expected. It's difficult to run such a business while having to close your doors to customers. So much so that some will not make it to the other side of the pandemic.
Still, Tilly's (NYSE: TLYS) is one retailer that has strategically put itself into a position to endure the coronavirus outbreak. As cities and states continued their phases of reopening plans, it is continuing to shore up its balance sheet and cautiously moving forward with store reopenings -- aware that it may have to shut its doors again at a moment's notice if there is an increase in coronavirus cases. And with states like Florida, Texas, Arizona, and California experiencing a surge in COVID-19 cases, the likelihood of further shutdowns is increasing. Let's take a closer look at how Tilly's is prepared to ride out the pandemic.
Tilly's has reopened 85% of its stores. Image source: Getty Images.