Tuesday, February 21, 2017

Toys “R” Us Lays Off 10%-15% of Corporate Employees

Image result for toys r usToys “R” Us Inc. recently laid off between 10% and 15% of its corporate employees, the latest retailer to cut jobs as shopping rapidly shifts from physical stores to online ones.

For the nine weeks ended Dec. 31, its sales at U.S. stores open at least a year declined 2.5%. Overseas, they fell 4.9%.. . . more

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