Retail is the second-leading industry for job cuts so far this year, behind only the federal government, according to a new report.

In the U.S., job losses were up 274% from last year, while hiring plans remain “historically low,” according to Challenger, ...

Kroger closed 60 stores while reporting strong earnings and 9% stock gains. Why strategic closures are creating value, not ...

Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of ...

A number of prominent retail brands have recently announced layoffs, including Nike which cut a number of employees from its global tech team in May as it shifted around responsibilities for ...

That’s a 274% increase in retail job reductions compared with the same period last year, when U.S. companies announced 20,276 layoffs. According to the report, DOGE-related efforts remain the ...