More Layoffs at Macy's
By Amy Mikel in News on Aug 1, 2008 9:25PM
For some time now, Macy’s has been sitting quietly in Chicago’s retail corner, attempting to appeal to some kind of market and curb the company’s tumbling earnings, all while attracting minimal attention from pissed off former Field’s customers. But while local department store equivalent Von Maur is doing well, with plans for store expansions, Macy’s continues to trim jobs (it’s called “restructuring,” y’all). The latest: an undisclosed number of support positions across the board at former Field’s stores, with about 10 alteration and personal shopper positions eliminated at the State Street flagship store.
Earlier this month, Macy’s reported that same-store sales have fallen 1.9 percent in May and June. [Trib]
Macy's store image via Macy’s Inc.