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Layoff Season In Play: Which Firms Are Shedding Jobs

A look at the fashion, retail, and logistics firms that have either shed jobs or are planning cuts over the…

U.S. Economic Growth to Slow As Consumers Rein In Spending In 2025

The U.S. economy will expand 2.7 percent in 2024 and 1.8 percent in 2025, with inflation expected to slow and…

FedEx CEO Cites Slow Economic Growth as Fed Cuts Rates

FedEx CEO Raj Subramaniam saw the steep Fed rate cut as being due to a weak economy.

Walmart To Offer Fashion Deals Under $5 for Holiday

Walmart's holiday specials include home and fashion deals under $5, and will offer existing staff the option…

Seasonal Holiday Staffing Is Here, With Target Hiring 100,000

Target plans to hire 100K seasonal workers; other major retailers are expected to disclose their hiring plans…

Retail Lost 11,100 Jobs in August, Hurt by Bankruptcies

Retail lost 11,100 jobs last month mostly due to store closures from bankruptcies and shut-downs across…

President Bill Clinton at DNC: Democrats Are Better at Job Creation

Former President Bill Clinton at the DNC Wednesday said Democrats have created more jobs than Republicans…

UK Delivery Firm Evri Recruits 8,000 Drivers After Buyout

PE firm Apollo Global Management acquired a majority stake in Evri for a reported $3.5 billion, and now the…

US Retail Job Market Softening, Data Shows

Retail lost 6,000 jobs among hard goods retailers in June, but added 5,000 among warehouse clubs…

Retail Added 12,600 Jobs to Ranks In May

Even though the pace of retail job growth has slowed, the strength of the US labor market has help retail add…

Retail Job Growth (Finally) Sees an Uptick

There's finally some good news about the labor front in retail. Here, experts discuss where they see job…

Inflation’s Not the Only Issue Impacting Consumer Sentiment

Besides inflation, consumers worry about job availability, recession fears and the US political environment.

2024 Not Expected to Be a Big Year for Retail Bankruptcies

BDO's restructuring team leader David Berliner has an optimistic outlook for fashion retail in 2024.

Retail Posts Slight Job Gains in February

The jobs market slowed in February but retail got a slight bump up.

Hanesbrands to Cut Another 159 Jobs

Hanesbrands is cutting the positions jobs following its decision to suspend operations at its Annapolis…