Thread regarding H&M layoffs

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 spaces.

https://www.retailgazette.co.uk/blog/2022/03/hm-reveals-plans-for-240-store-closures/

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