Retail

Macy’s, Kohl’s furlough most employees

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Macy’s and Kohl’s said Monday that they will most furlough employees as the department store chains cope with significant sales losses during the coronavirus pandemic.

Macy’s said the majority of its employees will go on furlough starting this week. Kohl’s said employees at stores and store distribution centers and some in store-related corporate positions will be furloughed.

Kohl’s is furloughing about 85,000 of its approximately 122,000 employees, according to company spokeswoman Julia Fennelly. The company has 1,159 stores. It will continue to ship and have curbside pickup from stores with a limited staff, she said.

Macy’s wouldn’t say how many employees are affected.

Macy’s and Kohl’s…



Source cnbc.com

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