Retail Apocalypse: JCPenney, Payless, LifeWay Announce 3,000+ Combined Store Closures
March 29th, 2019Via: NBC:
More than 41,000 people have lost their jobs in the retail industry so far this year — a 92 percent spike in layoffs since the same time last year, according to a new report.
And the layoffs continue to mount, with JCPenney announcing this week it would be closing 18 stores in addition to three previously announced closures, as part of a “standard annual review.”
Related: Walmart Is Quietly Closing Stores
Posted in Economy | Top Of Page
