Weekender: Amazon reportedly plans 10K layoffs, with a focus on retail

 
 

Weekender

Nov.​ 19,​ 2022 | A roundup of this week’s most read stories
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Nov. 18 - Amazon signals more layoffs ahead | Gap Inc. swings to profit

Friday, November 18, 2022

Amazon CEO signals more layoffs to come in 2023; Gap Inc. recovers in Q3 despite Yeezy debacle and heavy discounting; New chief Mary Dillon details plans to 'simplify' Foot Locker business,

Nov. 17 - Kohl’s pulls guidance | Casper refinances debt

Thursday, November 17, 2022

Amazon confirms layoffs; Kohl's pulls guidance as it buckles up for discount-heavy holiday season; Macy's maintains inventory discipline for a solid Q3; Walmart's inventory glut recedes

Nov. 16 - Estee Lauder ‘ideal home’ for Tom Ford | Targets profits take another tumble

Wednesday, November 16, 2022

Estee Lauder saves key sales driver with $2.8B Tom Ford deal; Target's profits tumble again, casting a shadow over the holidays; Retail sales jump nearly 6% in October; Home Depot, Lowe's post

Nov. 15 - Grocery lifts Walmart in Q3 | Nike loses another diversity chief

Tuesday, November 15, 2022

Walmart raises full-year outlook as Q3 revenue jumps nearly 9%; Foot Locker deepens Puma partnership to secure more exclusive product; ThredUp lowers outlook amid fresh competition from legacy

Nov. 14 - Amazon could cut 10K jobs | Nike launches virtual product platform

Monday, November 14, 2022

Amazon reportedly plans 10K layoffs, with a focus on retail; Fitch downgrades Party City as maturities loom; Nike launches marketplace to collect virtual products; StockX removes 'Verified

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