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Nike be warned!!! don't get too close with amazon

dealing with amazon might be sweet in the beginning but it will ki-l you down the line.

Yes, amazon will deliver few billion dollars of sales immediately but keeping them close will ki-l you down the line by cutting independence, originality, fresh new views, objectivity!!
Look at Toys are us, book publishers and latest victim is turns out is UPS. This is short list that comes to my head

Nike be free and independent !!!


Reliable reliable source

Spoke with a supervisor who confirmed today that layoffs are coming and also added that layoffs will be for managers and stores. Also layoffs will will happen before Nov 20. It was indicated some managers will be gone before then. They had meetings today and word is they will know on Friday.


All true - Global real estate

Reports that Verizon leadership had denied mass closings are false. I work closely with Global Real Estate. We have stopped renewing some Retail leases about a year ago in preparation for mass closings. This will equate to about 2/3 stores per district being closed. Verizon wants out of the expensive in-person experience and move to AI. By 2030 all retail will be shifted to an app.

I wish everyone here the best.


Culture Rot

Target perfectly fits the description of a company experiencing culture rot. Bad leaders that are more interested in promoting their own careers than they are developing teams. A working environment that feels competitive, not collaborative. Increasingly confusing “shared” values internally and externally. An in-store experience that is confusing and disjointed. Items out of stock or locked up. Nothing feels unique about Target. The company continues to alienate its key consumers. Target is a company rotting from the inside out. It is impossible to change the direction the company is going without acknowledging its current failings.


VSP’s are coming for retail

They will be reducing the corporate retail store footprint. Some stores will be converting to indirects. With that being said they will be offering Voluntary VSP’s and then eventually layoffs with severence packages. 100% accurate info. Announcements coming November 19th/20th


The entry of Amazon leadership into Walmart is a clandestine initiative aimed at undermining the retail behemoth from within.

Since Amazon's leadership took over Walmart, the first thing they did was undermine the Walmart culture. Furthermore, they have become deeply entrenched, leading to frequent layoffs both in the past and present. No projects are progressing; everything appears to be at a standstill. It seems as though Amazon's board of directors has dispatched these individuals to Walmart as part of a covert operation to dismantle it, rendering Walmart internally ineffective. This strategy appears designed to ensure that Amazon can thrive exclusively in the retail market. The IT department at Walmart has been significantly disrupted for the past couple of years, making it challenging to regain its footing.


Retail Here: Do we know what stores?

I work in a part of the country that has stores very widely stretched out.. some of our store are 30-60 miles from each other. What do we think the likelihood of those stores being closed? There is a big city near us that has 13 stores of the 20 in our state... I would think the store closures are going to more impact where we have a high concentration of stores...


Pending Layoffs

Rumors are swirling about the pending layoffs in store. I'm hoping that the cuts will not involve the customer service areas of our organization. If anything, we should be cutting the fat at the top. How many Market Presidents are there in the retail channel and what exact value do they bring? Our guy comes to Wisconsin, makes a big deal of his dinner plans and that's about all. As I said before - too much fat at the top.


Merchandising Team Manager

Just curious what’s the average pay for a Merchandising Team Manager or a Sales Team Manager if anyone knows? Like how much are these assistant store managers making when most of them just sit around and do nothing all day!


The culture that RAC has created. Investors read carefully.

Rent a center has shifted its collection processes for the worst. How you ask? They have taken the attitude that it's better to get something other than nothing at all. Here is an example, customer gets a brand new 85"tv. Makes a $10 online transaction and comes due. Never pays, never communicates with the store. Now the customer is 40 days past due. They are sent an email or text, apologizing for us bothering them ,but wanting to help them. The company then offers a payout settlement of $300 , for a brand new $1000 TV mind you. Customer takes the deal , and can reapply and do it all over again. Now think of that on a scale company wide. Why has profit dropped off, why are collections higher year over year? That process right there. And don't think for a minute that customers don't encourage others to follow this process. Get a brand new ps5 for $150!!!
All the while store staff stays till 8pm everyday trying to hit collection numbers that are now impossible to hit. Thanks to the ivory tower think tank!


WWD.com OFF Stores Closing

WWD EXCLUSIVE: Saks Off 5th Sets Nine Store Closings
The off-price retailer within Saks Global did an extensive review of its store fleet, examining market dynamics, lease expirations and customer behavior, among other factors.
By
DAVID MOIN
Plus Icon
NOVEMBER 5, 2025, 4:43PM

Saks Off 5th, the off-price retailer within Saks Global, will close nine of its 79 locations beginning in January, WWD has learned.

  • [ ] The decision to close stores follows an extensive analysis of the fleet, including market dynamics, lease expirations, customer behavior and long-term business potential, to focus more on high-performing and high-potential locations.
    “We have identified opportunities to optimize our Saks Off 5th store presence, through both initiatives to drive performance and elevate the customer experience, enabling us to place greater attention to our high-performing and high-potential store locations, and refinements across our store footprint,” a spokesperson said in a statement. “As part of our ongoing and comprehensive strategy, we have taken a critical eye to our store footprint and will be closing select store locations in early 2026. We are confident this will better position the Saks Off 5th business for long-term success and look forward to continuing to deliver for our customers.”

Saks Off 5th is also vacating its 57th Street location in Manhattan, located in an office tower at 125 East 57th Street near Lexington Avenue, as previously reported. The property was sold to a new owner, who plans to create residences on the site, meaning there will be construction disrupting business at the store. One source said that due to the impending construction, which is seen occurring over at least two years, Saks Off 5th decided to vacate the space. It’s not clear whether other factors were involved in the decision. However, the store will continue to be open for business through the holiday season.

Asked if there will be more Saks Off 5th closings beyond the 10, the company indicated in a statement, “Through the regular course of business, we continually evaluate store performance and, from time to time, may determine it necessary to reformat or close a store.”
However, while closing certain Off 5th stores, Saks Global said that it is making some investments in better-performing Off 5th stores. “We have been piloting new initiatives, including initiating capital enhancements in certain stores, elevating our selling model and enhancing our in-store assortment. We look forward to extending our learnings across our top locations,” the company indicated in its statement.

The nine Saks Off 5th closing next year are on State Street in Chicago, and in Austin; East Hanover, N.J.; Philadelphia Mills, Pa.; Niagara Falls, N.Y.; Pittsburgh North, Pa.; Plymouth Meeting, Pa.; Washington, DC, and West Hartford, Conn.
Saks Off 5th is providing for those impacted by the closings with transfer opportunities to nearby Saks Off 5th locations where possible, and eligible full-time colleagues will be offered separation packages consistent with the company’s severance plan.
As part of a management shakeup at Saks Global disclosed last month, Kim Miller, who was president of Saks Off 5th, shifted to chief customer officer, a new corporate position. Genny Siller, who was vice president of merchandise planning at Saks Off 5th, became senior vice president and general manager of Saks Off 5th, reporting to Marc Metrick, chief executive officer of Saks Global. These and other management changes at Saks Global were triggered by the departure of Emily Essner, who was president and chief commercial officer.


Job postings

So, since around Dan's epic 3Q webcast (where he actually didn't even discuss 3Q), the only positions posted have been retail, and maybe just a couple random others.

I realize there's a freeze and likely the reason, but I'm still surprised to see they've stopped posting for our international territories, also

The other thing is some people here are talking about retail getting axed, but given there's about 20 retail job postings each day, I think that's pretty far off.

Thoughts?


How do we feel about Retail Ops?

Anyone have any insight on potential impacts to Retail Ops?

In my mind retail ops and CS ops should merge so that the processes are aligned. I know it didn’t work with OPOO, but that was because of a terrible rollout and execution. It was basically, you also support retail now too.


Target needs to look in the mirror

I am recently retired from your largest competitor (you can figure that out) after 40 years that saw our company go from the Stone Age to the dominant retailer in the World.

I still follow the retail business closely, and indeed these are changing times for all. Reviewing the posts regarding the recent layoffs at Target, I can certainly understand peoples pain and concern. At the same time, I want to say to a lot of the commenters complaining that it's time to face reality. Target has not kept pace with the times, particularly in technology and operations and store level execution.

I urge all of you to get out of your Corporate cacoon in Minneapolis and visit a darn Target store. They are awful. Standards, execution, merchandising, all just below expectations. Out of stocks on Merchandise everywhere. My local Target in an affluent area of Omaha NE ( 180th and West Center) is a pig stye. Carts of returns everywhere, freight all over the floor. The store does not get straightened at night or throughout the day. The Walmart across the street is pristine. There was a time when this is what a Walmart store looked like. Not anymore. The Walmarts I've been in lately are much cleaner, neater and instock than the Targets, and years ahead on technology that both associates and customers use to enhance their shopping experience.

Quit complaining and get out into your stores!


Performance Reviews

Performance/Talent reviews are happening now for Director levels and above. Districts will consist of around 10 stores. SMs will take on a larger roll and accountability will increase from Rep level up. No more minimum threshold. Basically you hit your quota or get out starting 1st quarter once holiday traffic slows and less staff is needed. It’s going to be an apocalypse in retail for the bottom feeders.


Layoffs happening soon

Multiple layers of leadership are going to be trimmed and consolidation of Director and Senior Director roles with larger districts and less Directors and Senior Directors. Small non performing stores switched to indirect. Say good bye to retail business reps. Verizon is no longer the industry leader. Verizon will become T-Mobile Jr. New CEO plans on following T-Mobile’s business model. Welcome to the beginning of the new Bed Bath and Beyond fire sale of the wireless industry!