layoffs
Saks Lays Out Reasons for Laying Off Staff
As shoppers continue to prefer clicks to bricks, the luxury retailer has little choice but to rationalize its…
Outdoor Retailer REI Lays Off 400 Retail Workers Following Furlough
Despite the rising popularity of outdoor excursions, heritage retailer REI has been hit hard by the lack of…
PVH Lays Off 12% of Staff, Will Close All Heritage Brands Stores by 2021
The job cuts and store closures come after PVH saw first-quarter net losses of $1.1 billion alongside a 43…
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Harrods, John Lewis, Topshop Parent Slash Thousands of Jobs
Months of store closures and lost revenue mean retailers across the pond are facing the music.
Nordstrom Said to Be Slashing as Much as 25% of Jobs: Source
After a $521 million Q1 loss, Nordstrom is said to be slashing jobs, though it wasn't immediately clear how…
Macy’s Is Cutting 3,900 Jobs in Restructuring for Post-Pandemic Future
Expected to recoup $630 million in annual savings, the move comes after CEO Jeff Gennette said Macy's would…
Bed Bath & Beyond Plans to Cut More Than 350 Employees
The home goods retailer has 220 leases up for renewal, which would mean a slew of store closures ahead.
DVF’s Reported Mass Layoffs Signal Online-Focused Future
Luxury label Diane von Furstenberg has reportedly laid off most of its U.S. staff after its U.K. arm fell…
Li & Fung Dismisses 70 Percent of Procurement Staff: Report
Now-private Li & Fung has started slashing as much as 70 percent of its Hong Kong-based procurement staff.
StrideRite, BCBGMaxAzria Footwear Owner Slashes Jobs and Salaries
The parent to the BCBGMaxAzria shoe brand has not revealed how many employees have been laid off or whose…
Lowering Prices Wasn’t Enough for Rag & Bone to Stave Off Layoffs
Denim brand Rag & Bone is the latest to lay off and furlough staff members as a result of the fallout from…
Rent the Runway Refutes Warehouse Worker Safety Allegations
Under fire for keeping warehouses open during an outbreak, RTR detailed what it's doing to support workers.
Fashion Tech Platform Zilingo Lays Off 44, Tables Expansion Plans
Layoffs come after a period of significant growth for the Singapore-based company, which was valued at $970…
Infographic: Tallying Retail’s Furloughs and Hires During Coronavirus Outbreak
COVID-19 is weighing on retail more heavily than the world could have imagined. Here, a by-the-numbers look…
Layoffs Shroud Lord & Taylor’s Post-Pandemic Future in Doubt
As store associates and key executives are laid off, rumblings surfaced over whether there's even a future…