department stores

Macy’s Furloughs Majority Of Workforce

The COVID-19 outbreak continues to take a heavy toll on Macy’s business, and the retailer now plans to furlough the majority of its workforce.

Kohl’s Extends Store Closures, Furloughs Associates

In its ongoing support to slow the spread of COVID-19, Kohl’s is extending the duration of its temporary store closures until further notice. Due to the significant impact to the business, Kohl’s is taking additional actions to strengthen its financial flexibility.

Kohl’s Restructuring Eliminates 250 Positions

Kohl’s is eliminating about 250 positions as the company restructures, an initiative that includes eliminating a layer of regional management positions, according to published reports, as well as shaking up the merchant organization.

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