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Saks Lays Out Reasons for Laying Off Staff

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Luxury retailer Saks Fifth Avenue is pruning jobs as shoppers continue to shy away from stores. On Tuesday, a spokeswoman for the upscale merchant told Sourcing Journal that the company has been taking steps to “strategically evolve our business for some time.” “As a result, we have further evaluated our store functions to ensure we…

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