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U.S. employers in the retail industry announced 80,487 job cuts through July, a 249% surge compared to the same period last year, according to an analysis from Challenger, Gray & Christmas ...
- Macy's closures contributed to recent retail layoffs, as per Challenger, Gray and Christmas analysis by Fox Business.
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 ...
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 20,276 ...
Joann, Macy's, other store closures part of a 274% spike in retail layoffs in 2025 By Jay Caruso Published June 9, 2025 6:38pm EDT Consumer ...
The report also cited economic and market conditions as a reason for increased layoffs. Additionally, the report said that retail job cuts closed in on 76,000 for the year, marking the second-highest ...