Corporate Restructuring Retail Sector Retail Employment Industry Changes Layoffs Artificial Intelligence Franchise Operations Corporate Layoffs Redundancy Payments Reclassifications Factory Closures Factory Job Risks Corporate Strategy Corporate Policies Part-time Employment Future Projections Labor Market Redundancies Public Sector Staff Support Media Industry Corporate Downsizing Employee Concerns Redundancy Workforce Management Impact on Employees
The apparel retailer plans to close 24 stores and all 57 'corners,' potentially impacting up to 324 jobs, as part of its European strategy for long-term sustainability.