×
73 883
Fashion Jobs
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Phoenix
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Topeka
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, Natick
Permanent · Natick
MACY'S
Asset Protection Detective, Perimeter Mall - Full Time
Permanent · Atlanta
MACY'S
Asset Protection Detective, Oak Brook Center - Full Time
Permanent · Oak Brook
MACY'S
Asset Protection Security Guard, Herald Square - Full Time
Permanent · New York
MACY'S
Asset Protection Detective, Mall at Greece Ridge Center - Full Time
Permanent · Rochester
MACY'S
Asset Protection Detective, Bowie Towne Center - Full Time
Permanent · Bowie
MACY'S
Asset Protection Detective, Cool Springs - Part Time
Permanent · Franklin
MACY'S
Asset Protection Detective, Greenbrier - Full Time
Permanent · Chesapeake
MACY'S
Asset Protection Detective, Northridge Fashion Center - Full Time
Permanent · Los Angeles
MACY'S
Asset Protection Detective, Superstition Springs Center - Part Time
Permanent · Mesa
MACY'S
Asset Protection Detective, Westminster - Full Time
Permanent · Westminster
MACY'S
Asset Protection Security Guard, Green Acres - Part Time
Permanent · Valley Stream
MACY'S
Asset Protection Detective, Sherman Oaks Fashion Square - Part Time
Permanent · Los Angeles
MACY'S
Asset Protection Detective, Woodbridge Center - Part Time
Permanent · Woodbridge Township
MACY'S
Asset Protection Detective, Center City - Part Time
Permanent · Philadelphia
MACY'S
Asset Protection Detective, State Street - Full Time
Permanent · Chicago
MACY'S
Asset Protection Detective, Herald Square - Full Time
Permanent · New York
MACY'S
Asset Protection Detective, Rockaway Town Square - Part Time
Permanent · Rockaway
MACY'S
Asset Protection Detective, Coral Square - Full Time
Permanent · Coral Springs
MACY'S
Asset Protection Detective, Center City - Full Time
Permanent · Philadelphia
Published
Jun 15, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

J.Crew Group reopens 171 additional stores

Published
Jun 15, 2020

J.Crew Group said on Friday that it was reopening 171 additional stores, following the temporary closure of all locations due to the Covid-19 pandemic. 

J.Crew Group reopens 171 additional stores. - Facebook: Madewell


As of Friday, the retailer had reopened 315 locations, including both J.Crew and Madewell stores, representing 64 percent of its total store fleet. J.Crew Group began a phased reopening of its nearly 500 stores in May. 

In a statement, the company said it is “taking a careful and deliberate approach to its store reopenings to ensure full implementation of appropriate safety protocols in line with CDC guidelines and government regulations to protect its customers, associates and local communities.” 

J.Crew Group has re-employed the majority of its store associates from furlough, as well as added approximately 400 positions at its Lynchburg, VA distribution center, which supports J.Crew Group's e-commerce businesses. The company has experienced a continued online sales momentum that was increasing even before stores were closed during the pandemic.

Still, dozens of J. Crew stores may close for good as a result of its ongoing bankruptcy proceedings.

In fact, as part of its reorganization, J.Crew Group said Friday that it filed notice with the U.S. Bankruptcy Court to reject 67 store leases, unless it can reach better terms with the landlords.

“J.Crew Group continues to have productive discussions with landlords regarding lease terms that will further inform its real estate optimization strategy,” the company said in a statement.

The New York-based chain filed for bankruptcy protection early last month. The retailer was already facing financial pressure before the Covid-19 crisis hit.

J. Crew opened its first store in downtown Manhattan in 1989. Following many year of expansion across the United States and abroad, the company went public on the New York Stock Exchange in 2006. 

J. Crew was then taken private in 2011 by TPG and Leonard Green & Partners in an approximate $3 billion leveraged buyout. 

Copyright © 2023 FashionNetwork.com All rights reserved.