Tag #Retail Layoffs

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Retail Job Losses Surge Amidst Bankruptcies and Restructuring

Retail faces massive job losses due to bankruptcies (Party City: 16,000; Joann: 19,000), store closures (15,000 vs 5,800 openings), and layoffs at major retailers (Estée Lauder, Starbucks, Kohl's, Walmart). This impacts the 55 million Americans employed directly or indirectly by retail, contributing...

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