A wave of bankruptcies and widespread store closures among major high-street names—such as Macy’s, Joann, and Forever 21—has ...

Job cuts surge 80% in first five months of 2025 with federal funding cuts and retail store closures from companies like ...

Macy’s, Joann and CVS are among the major retailers announcing widespread store closures and job losses as the U.S. economy ...

Store closures in the U.S. have led to a huge 274% spike in retail layoffs so far this year, a new report says. In the first five months of 2025, retailers announced 75,082 job cuts compared to ...

The report also cited economic and market conditions as a reason for increased layoffs. Additionally, the report said that retail job cuts ... for a whopping 274% increase over 2024.

(Credit: Samuel Corum/Getty Images / Getty Images) The report also cited economic and market conditions as a reason for increased layoffs. Additionally, the report said that retail job cuts closed ...