Your Daily QuickWit
Here are the top stories of the day in retail:
- Boxed eyes a potential sale
- Stitch Fix announces layoffs
- Amazon layoffs
- Bed Bath and Beyond potential bankruptcy
- And more!
Boxed eyes a potential sale
The online retailer is also simultaneously exploring efforts to raise capital View Original Article Delivery Editor’s Choice Results & Investment
Stitch Fix Announces Layoffs Amid CEO Shakeup
Stitch Fix founder Katrina Lake on Thursday told employees the company will be cutting 20 percent of its salaried workforce
Retail Traffic Trends #109: Total holiday spend up in 2022
Similar to the sales growth predictions we reported last week for the holiday season, consumer holiday-related spending rose by 6.7%
Amazon plans to cut 18K jobs
Amazon.com CEO Andy Jassy said the company plans to eliminate over 18,000 jobs, mostly from the company’s Amazon Stores and
Bed Bath & Beyond warns it could file for bankruptcy
The struggling home retailer issued a “going concern” warning as sales continue to slide and losses widen. View Original Article
Designer Brands Names DSW President as New CEO
Designer Brands has appointed Doug Howe, President of DSW and EVP of Designer Brands, to succeed Roger Rawlins as the