Tag: Department Stores
Wayfair’s job cuts reportedly hit remote workers harder
In the ongoing fight between managers and employees over remote work, online furniture and home-goods retailer Wayfair Inc., in its latest round of job cuts, [Read more about this post…]
Macy’s rejects $5.8 billion takeover bid; Arkhouse threatens to go to shareholders
Macy’s Inc. said Sunday it has rejected an unsolicited bid by Arkhouse Management and Brigade Capital Management to take the department-store chain private in a [Read more about this post…]
Macy’s to lay off 13% of corporate staff, close five stores
Department-store chain Macy’s Inc. plans to cut 2,350 jobs and close five stores, the Wall Street Journal reported on Thursday, as the company tries to [Read more about this post…]
Is the stock market open on New Year’s Day? Will the post office deliver mail?
Happy New Year! As you’re recovering from ringing in 2024 on Monday, Jan. 1, keep in mind that many offices and services will be shut [Read more about this post…]
