Sears struggles post bankruptcy

About one-fourth of the Kmart and Sears stores that remained opened after Sears Holdings filed for bankruptcy have since closed or are slated to close. About half the stores acquired by Transform Holdco out of bankruptcy were profitable.

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Staff changes hurting morale at Lowe’s stores

Six current and former employees at Lowe’s said that the elimination of in-store roles, including store HR manager, assembly associates and maintenance workers, as well as other changes have badly hurt morale on the DIY chain’s front line. Lowe’s did not respond to the report of the elimination of roles.

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Victoria’s Secret lays off HQ workers

Victoria’s Secret has laid off about 50 people at the company’s headquarters as the company continues to look for ways to connect with younger consumers and overcome negative press associated with reports about chairman Les Wexner’s relationship with Jeffrey Epstein.

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