#retail

T-Mobile is implementing a digital-first strategy. This transformation includes ongoing employee layoffs. The company is also quietly closing some authorized retail stores. These store closures are resulting in further job losses. Some remaining locations are converting to premium Experience stores.

https://www.thestreet.com/retail/t-mobile-quietly-closes-stores-after-layoffs

Here are some of the largest and most prominent companies currently sitting near the bottom of their yearly range:

That is awful news for Nike because after collapse of DTC, Nike needs more doors than ever before!!! There are no new stores coming down the pipeline and existing ones are going down the pipe.
I guess that is when you say Nike is stuck in a rock and a harp place!!

Brick and mortar shoe stores are done!!! So it is up to Nike to create new source of doors to move their product.
Brick and mortar is done!! So what Nike should do is open third party sellers in amazon, walmart and ebay to sell in that platform who are there with proven good standing status.
Nike cannot open more independent brick and mortar stores since nobody in right mind will open stores.
So Nike needs to go outside of box and open independent third party sellers in internet!!!

I read a comment that 600-700 stores are either being closed or converted to indirects this July. Is there any more info on that? There’s not a lot of chatter around it, and that’s a large percentage of total stores. Seems like there would be more conversations around it if it was true.

Ever since the directive has shifted to no use of force my store has been getting robbed blind.

I’m an ap manager and I as well as my team has to sit and watch the thieves ransack our store and there is literally nothing we can do about it other than “can you come with me”.

The colleagues hate us now and think we’re lazy because they see it happening but it isn’t our fault.

What we are allowed to do has changed for the negative but the expectations are still high. My director continues to push for productivity despite our hands literally being tied behind our backs.

Lord I hope this changes soon. We are one of the only retailers in our mall with this policy and as a result all of the thieves come here. 35 years in loss prevention and I’ve never seen it this bad.

WH Smith rejected a request from Modella Capital. Modella Capital is the new owner of a former high street chain. They sought millions of pounds. These funds were for layoff costs. Sky News reported this development.

https://www.tradingview.com/news/reuters.com,2026:newsml_FWN41X0JM:0-wh-smith-rejected-plea-from-former-high-street-chain-s-new-owner-modella-capital-for-millions-of-pounds-to-fund-cost-of-layoffs-sky-news/

The pay is awful and they expect your whole life to revolve around this place. Days off don't mean much when they call you in anyway. Work life balance isn't a thing here. It's exhausting.

Saw posts on Facebook that store is closing. Any more stores closing this year?

In another words, Nike direct is closed even further. It is RIP, Nike direct!!

SNKR was cr-p, flawed and annoying since it was hacked by professional resellers while genuine fans were outside looking in.

Now that Nike retro is finito therefore let's bury SNKR real deep. At least 6 feet under.

Can someone please post when the beauty extra discount is? The big event that is extra 30 off? I'm a retiree and my beauty colleague never calls me for this event. TIA

Saks Global received approval for its reorganization plan. The U.S. Bankruptcy Court for the Southern District of Texas granted this approval. The retailer will lay off 16 percent of its corporate workforce. This reduction impacts approximately 640 jobs. Saks Global plans to emerge from bankruptcy this summer.

New York

https://nationaljeweler.com/articles/14939-saks-global-begins-layoffs-reorganization-plans-approved

i only started 3 months ago n i see a whole bunch of things and everyone around me is always on edge, paranoid, and not in a good mood

someone chime in is this the norm for Verizon retail culture

Give us an update. How's it going for you RTMs

Hearing retail is going to 7 markets. do you think midmarket territory follow? the platinum team is already at 6 or 7 avps.

yes I know 66666667777777777

and they have tons.

forget employee store. You will save more on TJ Maxx.

It is sad!!!

So it appears that Stefano's Boots chain is being spun off and will have an IPO. Don't know when this will happen as the article was paywalled, but I guess this is/was part of Mr. P's plans to regain his losses? I wonder if this would have any effect on Walgreens, or nothing since they're separated now.

destroy independent dealers network who had connection with their local markets, customer base and worked hard everyday to maintain positive relationships from Nike and their local customers.
Each individual dealers knew the market and provided what customer demanded. And from broad Nike offering they selected and provided what customer wants
For example: I had couple of store where there were majority of population was Hispanic and I worked hard to provide what they wanted. And I had a friend who had stores in mostly African American inner-city area his store offering was totally different than mine. And a friend in Central Valley rural area had his own offering of shoes that people in his area wanted.
Now, Nike eliminated all of their distribution system that helped to get where they are.
Instead, they have a system where it is one size fit approach.

Greed is what it ki-led the Nike. They thought that they could do everything by themselves with their minimum wage staff in the store. WRONG!!!!

Communism failed everywhere in the world because they thought that being is big is the best answer but history has proven thousands of individuals will beat communist every time.

I was told that eliminating all the independent dealers was PK's idea and ditto for hiring JD as CEO.
PK built Nike but he is also main reason that Nike will face negative future.

Lowe's Companies announced plans to cut 600 corporate and support roles nationwide. This reduction represents about one percent of its total workforce. The company aims to shift resources toward store operations and customer-facing employees. Many affected employees are based in Mooresville and Charlotte, North Carolina.

Mooresville, North Carolina

http://www.msn.com/en-us/money/companies/lowe-s-begins-layoffs-in-north-carolina-plans-600-job-cuts/ar-AA1WBcI5?apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1&bundles=feat-es2020-c

Are the remaining regions waiting til next year to change to retail territory managers?

What if Marshall Field's had been retained ? There was so much good will that was accumulated. Since the conversion to Macy's, Chicago and mid-western stores are quite "different" to say the least. After pivoting, they discovered that there was a need for more localization but has it been enough. Look at what Marshall Field's used to be.

Why could they have not refreshed the stores and polished the legacy that was extraordinary. Maybe things were perfect....but wasn't there better possibilities for the future of the trajectory of the business and the long term viability all around ? T

These stores used to have restaurants, beauty salons, unique and curated assortments that were unique and exciting ! What do you think ?

For those that have left Macy’s what are you guys doing now? What other jobs are better than Macys? I want to leave the company but there isn’t much options for me out there. Been with the company for over 20yrs, would I be eligible for a package or anything of that form?

7-Eleven plans to close 645 convenience stores across North America. This action is part of a sweeping restructuring plan. The company expects to open 205 new locations during the same period. Some closures involve converting sites to wholesale fuel operations. This marks the fifth consecutive year of net store reductions.

https://www.masslive.com/news/2026/04/major-convenience-store-chain-to-close-600-stores-in-massive-restructuring-plan.html

Would there even be a Walmart without China?

People on here have posted that stores will be converted to indirect by this summer but no mention of this with upcoming layoff rumors.

We are going hours without customers here in the northeast. It’s becoming more often. Is anyone else experiencing this at their stores?

Multiple members of Belk’s top brass are quietly and quickly planning an exit strategy from the company. Some choosing to stay in the retail industry, while others choosing the leave the industry altogether. Retirement is a viable option for some. Know that business model of belk is antiquated and unsustainable.

Upon examining our retail outlets, I am compelled to express my reservations regarding the investment made in these products. The design appears to be a marketing strategy, potentially conceived by a marketing professional masquerading as a retailer. It is highly probable that these items are underperforming on a substantial scale. This raises the question of why we engage in such investments while simultaneously laying off genuine talent. There is no way these stores will ever compete with Apple. Now that Apple has rumored the imminent release of its AI glasses, it is only a matter of time before this becomes another failure.

I saw posts saying Macy’s and Bloomingdale’s picked a small set of test stores to open on Easter Sunday this year. A few mall sites actually showed it too, like Macy’s at Tysons Corner Center and both Macy’s and Bloomingdale’s at Westfield Century City being open that day. I get why they’d test this in high-traffic areas, but it still feels like a line moving in the wrong direction.

Belk has a history of following bigger retailers’ playbooks, so I’m worried this kind of “holiday creep” could spread. I really hope this stays limited and doesn’t become the new normal.

End of 2nd quarter I’m hearing.

Target began laying off corporate employees. The retailer cut 1,000 positions and eliminated 800 open roles. Affected staff received notices via email and virtual meetings. Employees were instructed to work remotely this week. This restructuring follows declining sales and profits.

https://ingstadmedia.com/target-layoffs-begin/

There are no paper towels to dry your hands with inside the employee bathrooms and in the break room. No hand soap to wash your hands. The employee bathrooms are filthy...the floor is black. It's disgusting to eat your lunch inside the store and even go to the bathroom....I rather go to Dillards next door where it's sparkling clean and they have automatic paper towels dispensers. oh and nice smelling hand soap too....One person to clean the whole entire store??? Please scrub down the floors and toilets....and aren't you embarrassed of how dirt fill your store is???? No wonder we have rats. Managers I encourage you to come eat and use our bathrooms?????? We literally have to bring our own soap and paper towels. YOU KNOW WHO YOU ARE!

This was always going to be the result once John Pickett began operating a cable SMB division with a retail wireless mindset. A high-churn, transaction-driven model like that used by T-Mobile is fundamentally misaligned with the long-term value and service expectations of SMB customers. He should have stayed at T-mobile. ALL IN!!! Oh wait…. ALL OUT!

How do we keep carrying ugly inventory? Stuff that nobody wants and is straight dollar store quality. Who is sourcing all these cr-p items? Search Nike shoes and it’s 80% ugly tjmaxx stuff. Can we fire the team who keeps buying ugly sh-t nobody wants? How are we relevant if we keep selling stuff nobody wants???