Citi trends provides update on covid-19 response

Citi trends provides update on covid-19 response.citi trends inc - citi trends will temporarily close all of its retail stores, effective today, march 20, 2020.citi trends inc - currently expects its stores to remain closed for two weeks and plans to re-open on april 3, 2020.citi trends inc - is also temporarily closing its distribution centers and offices in new york, with associates working remotely when possible.citi trends - taking aggressive & prudent actions to strengthen financial position & balance sheet and preserve liquidity during uncertain times.citi trends inc - reviewing all operating expenses, reducing capital expenditures and reducing inventory as appropriate.citi trends inc - previously announced a share repurchase program on march 13, 2020, but no repurchases have been made under such program.citi trends inc - does not intend to repurchase any shares for time being.
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