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Retail Job Cuts Spike Nearly 250% From Last Year

UNITED STATES, AUG 4 – Retail job cuts surged 249% through July due to store closures, bankruptcies, and economic pressures despite seasonal hiring by some companies, Challenger, Gray & Christmas reported.

Summary by RetailWit
A Challenger, Gray & Christmas report points to tariffs and broader economic uncertainty as the catalysts driving a retail workforce contraction.

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retaildive.com broke the news in on Monday, August 4, 2025.
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