Retail Apocalypse starts the new year with a bang!

in #economy • 7 years ago

Macy's and Sear's just announced more jobs and store closing. Sure of this is a failed business model that is no longer applicable, but icons retail are bleeding losses and last year was bad enough.

https://www.usatoday.com/story/money/2018/01/04/macys-announces-job-cuts-7-new-store-closures/1002886001/

https://www.cnbc.com/2018/01/04/sears-is-closing-more-than-100-more-stores.html

#retail #layoffs
7 years ago in #economy by
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