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TJX, PVH Put Thousands on Unpaid Leave as VF Tightens its Belt, Too

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

As the coronavirus crisis continues to grip the nation, many retail leaders are taking personal hits to try and save their organizations from complete collapse. Others are relying on furloughs to provide liquidity, and cutting swathes of employees loose in the process. TJX Companies, the Massachusetts firm that owns TJ Maxx, Marshalls and HomeGoods, among…

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