Macy’s targets another 14 stores for closure
The department store’s downsizing plan is key to its turnaround and will ultimately entail shuttering about 150 locations.
Related Articles
As Gen Z embraces Coach, Tapestry raises expectations
CEO Joanne Crevoiserat described opportunity in footwear for what she ultimately sees as a $10 billion brand. Meanwhile, Kate Spade stumbled in Q3.
Amazon targets pop-up retail with upgraded Just Walk Out tech
The latest changes to its RFID-enabled checkout lanes are aimed at making it easier to use in settings like festivals and temporary stores.
Saks Global slashes 16% of its corporate workforce
The latest round of downsizing comes amid the luxury retailer’s bankruptcy and leaves it to focus resources “toward critical capabilities that will drive profitable, sustainable growth,”…
Amazon cuts 16K jobs
The e-commerce giant declined to say how much this latest round of downsizing would impact its retail operations.
Torrid has more to prove as Q4 sales tumble 14%
As part of its turnaround the women’s plus retailer closed more than 150 stores and brought lower price points to nearly a third of its…