×
84 132
Fashion Jobs
MICHAEL KORS (USA) INC
HR Generalist-Corporate
Permanent · Rochester Metropolitan Area
MICHAEL KORS (USA) INC
Associate Manager, Wholesale Marketing
Permanent · Rochester Metropolitan Area
ULTA BEAUTY, INC.
General Manager
Permanent · Grandville
NORDSTROM
Asset Protection - Agent - Rack at 31st & 6th
Permanent · New York
NORDSTROM INC
Senior Product Manager - Supply Chain
Permanent · Atlanta
NORDSTROM
Asset Protection - Agent - Gateway Center Rack
Permanent · New York
JOCKEY
Full-Time Associate Manager at Jockey - Eagan, mn - Starting at $19/HR
Permanent · Eagan
L'OREAL GROUP
Packaging Operator- 12 Hour Weekend Nights
Permanent · Somerset
L'OREAL GROUP
Packaging Operator- 12 Hour Weekend Nights
Permanent · Somerset
L'OREAL GROUP
Packaging Operator- 12 Hour Weekend Nights
Permanent · Somerset
L'OREAL GROUP
Packaging Operator Weekend Days
Permanent · Somerset
L'OREAL GROUP
Salon Business Partner (Saloncentric) - Cincinnati, oh
Permanent · Cincinnati
L'OREAL GROUP
Packaging Operator
Permanent · Piscataway
L'OREAL GROUP
Manager- Brand Business Development, (Bbd) l'Oreal Paris (Skin)
Permanent · New York
KOHLS
Part-Time Loss Prevention Associate
Permanent · Plainfield
KOHLS
Full-Time Loss Prevention Associate
Permanent · Plainfield
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · West Valley City
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Greenville
ALL SAINTS
Stock Manager
Permanent · Sunrise
COTY
Business Development Manager, Retailer.Com
Permanent · New York
ROSS STORES
Finance Manager (Logistics)
Permanent · Fort Mill
ROSS STORES
Store Protection Specialist
Permanent · El Paso
Published
Mar 30, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Reitmans lays off most retail staff, one-third of head office employees

Published
Mar 30, 2020

Canadian retail group Reitmans Limited said it is laying off 90 percent of its Canadian retail store employees and approximately 30 percent of the company's Montreal head office employees, as it starts to feel the financial pains of Covid-19. 

Reitmans lays off 90% of retail staff, 30% of head office employees. - Facebook: Addition Elle


Nearly all retail store employees, across its five brand banners - Reitmans, Penningtons, Addition Elle, RW&CO. and Thyme Maternity - will be out of work as of Sunday, while effected head office employees will be layed off as of Monday. 

All remaining employees are being asked to collectively contribute to on-going cost-saving initiatives.  

"In our 90+ years' history, we have never had to turn to such drastic measures as those announced today. We are very saddened by the situation, but also confident that we are doing the right thing to overcome these times of hardship and position ourselves to bounce back as quickly as possible,” said Stephen F. Reitman, president and CEO, in a news statement.

“We are beyond grateful to all our valued employees and thank them for their support and understanding. As always, their safety and their family's well-being are paramount and we will continue to follow guidance from federal, provincial and local public health authorities."

The Montreal-based retailer, which employs approximately 7,000 people, closed its 587 stores across the country on March 18. Although it had initially announced store closures until March 28, stores will remain closed until further notice.

Like many retailers at the moment, the company is solely driven by online sales and continues to operate its distribution centre in Montreal, with strict cleaning protocols and social distancing measures.

The retailer was already facing financial pressure before the Covid-19 crisis hit. In its most recent quarter, ended November 2, 2019, sales dropped to $222.3 million, as compared with $239.7 million reported during the same period last year. 

Copyright © 2021 FashionNetwork.com All rights reserved.