Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

41 Percent of Retailers Resort to Layoffs to Cut Costs

When it comes to sustainability, there is no way forward without a plan. Attend our in-person “Sustainability Summit: Road to 2030” June 1 in NYC. Learn from the industry’s best and brightest, and network to create those necessary partnerships!

The back half of March was a brutal time for retailers in the apparel industry, a new survey has found—but there were still bright spots to be found among smaller, digitally native brands. Of 94 apparel retail and e-commerce respondents, 49 percent said their business was “significantly below plan” in terms of sales made between…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!