H&M closes one in five UK stores to cut costs https://www.retailgazette.co.uk/blog/2022/11/hm-store-closures/
H&M reveals plans for 240 store closures
H&M will shutter 240 stores across the world following a slowdown in sales. The fashion retailer will open some 95 new stores and shut around 240 stores this year, with a net decrease of 145... — read more
H&M in Crawley Town Centre is closing
Another one to be gone soon. I seem to be reading about more closings every month, which wasn't the case before. I wish there was a list of all the locations that have closed in the last year or two but I wasn't able to find it. I think the number is... — read more
From furloughs to layoffs
This is just great. H&M is laying off more than a thousand people in Spain who were already furloughed since the start of the pandemic. I think this spells bad news for the rest of us as well - and sooner rather than later... — read more
H&M Massive Store Closures & Layoffs (updated 3/24/2020)
70% of the stores is closed globally - 3,441 of its 5,062 - this is as of 3/24/2020 March will be the worst month on record Sales keep dropping Will cut costs Will have layoffs... — read more