4 days ago Foot Locker Lays Off Workers, Shutters Sidestep Banner as Simplification Efforts Continue Foot Locker will lay off an unspecified number of employees in corporate and support roles with the goal of saving $18 million…
2 weeks ago Report: GameStop Closing Kentucky Distribution Center, Potentially Affecting Hundreds of Jobs GameStop is reportedly planning to close its Shepherdsville, Ky. distribution center, according to a letter to employees seen by WDRB News. The…
2 weeks ago Alphabet to Cut 12,000 Jobs, ‘Sharpen Focus’ on AI Offerings Google parent company Alphabet is following in the footsteps of fellow tech giants Amazon and Microsoft in making the “difficult decision” to…
2 weeks ago Wayfair Lays Off Another 1,750 Employees as it Aims to Boost Agility Wayfair is advancing its plan to right-size its cost structure, with the goal of $1.4 billion in annualized cost savings by laying…
3 weeks ago CNBC: Bed Bath & Beyond Eliminates Chief Transformation Officer Role, Plans Further Job Cuts Bed Bath & Beyond reportedly plans more layoffs and will eliminate the Chief Transformation Officer role currently held by Anu Gupta, according…
4 weeks ago Stitch Fix Founder Reappointed CEO as Retailer Lays Off 20% of Salaried Workers Stitch Fix will reappoint founder Katrina Lake to her former post as CEO on an interim basis and lay off 20% of…
4 weeks ago Update: Bed Bath & Beyond Shares Fall 24% after Company Warns of Potential Bankruptcy Bed Bath & Beyond shares dropped more than 24% on Jan. 5, bringing the struggling retailer’s share price down 86% year-over-year, after…
2 months ago GameStop Lays Off Additional Workers, Cuts Crypto Exposure Following Weak Q3 GameStop is undergoing another round of layoffs, according to a post on LinkedIn by a GameStop executive. While the scale of the…
2 months ago H&M, DoorDash Eliminate a Combined 2,750 Jobs as Retail Layoffs Continue Retail industry companies are continuing to trim their headcounts: H&M cut 1,500 jobs and DoorDash announced it would let 1,250 employees go…
3 months ago NYT: Amazon Could Lay Off as Many as 10,000 Employees in Corporate and Tech Jobs Amazon reportedly plans to lay off as many as 10,000 employees in corporate and technology jobs starting as soon as this week,…
3 months ago WSJ: Amazon Mulls Closing Unprofitable Businesses, Stores in Cost-Cutting Measure Amazon CEO Andy Jassy is reportedly spearheading a cost-cutting review of retail giant to pare down businesses that haven’t been profitable, people…
4 months ago Nordstrom Cuts 222 Jobs at Midwestern Distribution Facility as it Prepares for Slower Demand Nordstrom will lay off 222 workers at its Cedar Rapids, Iowa distribution center on Oct. 18, 2022, according to a WARN notice…
Omnichannel Orchestration: How to Optimize Inventory Amid Shifting Consumer Behaviors & Industry Disruptions