• auctusgroup

Macy's planning to furlough majority of workers

Macy's is planning to furlough most of its workforce as it grapples with store closures amid the coronavirus pandemic. The company, which has about 130,000 employees, said it would keep paying health benefits at least through May.

Full Story:The Wall Street Journal (tiered subscription model)(3/30)


Recent Posts

See All

Retail Update for 9/4/2020

Grocery Chain LIDL Plans to Open 50 New Stores on East Coast by 2021 Dick's Sporting Goods Reports Record Earnings, 194% Increase in E-Commerce Sales Target reported a 24.3% increase in total digital

  Auctus Investment Group, 2018                              DRE# 01072454

disclaimer:  listings are from public commercial real estate internet exchange