A wave of bankruptcies and widespread store closures among major high-street names—such as Macy’s, Joann, and Forever 21—has ...

Retail has borne a disproportionate share of that pain. Nearly 76,000 retail positions were eliminated in the five-month ...

The number of job cuts announced in the first five months of 2025 increased 80% from the same period the prior year, according to a new report from Challenger, Gray & Christmas.

Store closures in the U.S. have led to a huge 274% spike in retail layoffs so far this year, a new report says. In the first five months of 2025, retailers announced 75,082 job cuts compared to ...

The report also cited economic and market conditions as a reason for increased layoffs. Additionally, the report said that retail job cuts ... for a whopping 274% increase over 2024.

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(Credit: Samuel Corum/Getty Images / Getty Images) The report also cited economic and market conditions as a reason for increased layoffs. Additionally, the report said that retail job cuts closed ...

Original article source: Joann, Macy's, other store closures part of a 274% spike in retail layoffs in 2025 ...