Part 1/8:
The Retail Apocalypse: Job Losses, Store Closures, and Economic Concerns
As the retail landscape shifts dramatically, an alarming trend of store closures across major retailers like Macy’s and Kohl’s signals deeper economic issues. Recent announcements detail that Macy’s plans to shut down 66 stores, while Kohl’s will close 27 locations. Together, these closures could lead to the loss of approximately 5,000 jobs, adding to a growing list of retailers reducing their physical footprint.