furloughs

Best Buy Furloughs 18% Of Store Employees As COVID-19 Depresses Sales

The surge in consumers buying home office equipment and video games has sheltered Best Buy from the worst of the COVID-19 crisis,…

TJX Furloughs 268,000 Employees Across TJ Maxx, Marshalls And Home Goods Brands

Macy’s was perhaps the most notable retailer that furloughed its employees as the COVID-19 outbreak forced nonessential stores to close, putting the…

COVID-19 Impact: Rent The Runway, ThirdLove Lay Off All Store Employees, Macy’s, Stage Stores Furlough All But ‘Essential’ Staff

UPDATE: Macy’s is furloughing the majority of its approximately 130,000 employees, according to a company statement. The company said it has lost…

COVID-19 Impact: DSW, Nordstrom, B8ta, Ascena And Build-A-Bear Furlough Employees

More retailers trying to cut costs amid the coronavirus (COVID-19) outbreak are putting employees on furlough — and not just store employees….

View the Retail Trendcaster Webinar Series on-demand to uncover key 2025 retail trends, from AI and personalization to social commerce. Gain expert insights, data-driven predictions, and actionable takeaways to stay ahead in a rapidly evolving market.