Search results
Results from the WOW.Com Content Network
Walmart Inc (NYSE:WMT) downsized its workforce by hundreds and urged its employees to move to central offices in Arkansas or California. The retail giant told its Hoboken, New Jersey, and other ...
Walmart did not say how many people were affected by the cuts. The news comes days before Walmart’s much-anticipated earnings report on Thursday. The layoffs are the latest cost cut for the ...
ALDO filed for bankruptcy on May 7, 2020, citing repercussions related to the COVID-19 pandemic as to why. [16] The shoe chain emerged from bankruptcy two years later. [17] Alfred Angelo bridal stores shuttered all locations on July 13, 2017, with little advance notice. Frustrated customers were handed bankruptcy forms after walking away empty ...
As of May 2020, bankruptcies and store closings were expected to intensify due to widespread business closures and the resulting financial impact of the COVID-19 pandemic. J. Crew , Century 21 , Neiman Marcus , Stage Stores , Stein Mart , Lord & Taylor , JCPenney , Tuesday Morning , and Pier 1 Imports were among the first major retailers to ...
Health retailer GNC announced the closure of "at least 800 to 1,200 stores" after filing for Chapter 11 bankruptcy on June 23. [46] The United States Department of Commerce reported that retail sales had increased by 7.5% in June as lockdown restrictions were further eased. [47] Old Time Pottery filed for Chapter 11 bankruptcy on June 30. [48]
Walmart has more than 4,700 U.S. locations in total. Walmart temporarily shut almost 60 U.S. stores in COVID-19 hotspots in December to sanitize them against the virus, in a sign the new Omicron ...
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
A pop-up on Billabong's, Quiksilver's and Volcom's U.S. websites notifies customers of the bankruptcy filing and informs them that they will no longer accept gift cards as a form of payment online ...