Have there been any layoffs in retail? Either furloughed or non furloughed people?
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Message just dropped. Happening today.
This is 100% speculation. There will probably be a round of lay offs in retail soon BEFORE back to school. MM promised a full and final update by July 6th. that would mean anyone being laid off would get notified by their manager and anyone returning from furlough (yes people will return) will get a similar call. Many people in retail have already gone from either partial or full furlough to going back to work at 100% again already. It has been job specific as the needs are realized and also kept quiet because its no one else's business but the manager and the employee.
What is the source of this information that something is in the works ? Is it just a guess ?
I think it is sooner. Seems like it would be before end of quarter or sooner. I think it may be in June. Something is in the works.
Retail is getting ready to file for bankruptcy . Wake up people!
I have a feeling it is coming in the fall, I don’t know anything for sure but I just have a feeling right now they are waiting and seeing what the virus does to the “back to school” business which if there is any kind of loss I really feel positions and people will be let go retail wise, that’s a pretty good guess. Now if the virus doesn’t surge and back to school brings staples money that they project possibly retail positions will be somewhat safe until the fiscal year ends which is far off but I have a feeling a lot of closures and downsizing are still coming big time.