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In reference to those low-paying retail jobs: I have done some research on large US retailers like J.C. Penney, Gamestop, Macy's, Sears and Tailored Brands. It'
by mxschumacher 7y ago
In reference to those low-paying retail jobs: I have done some research on large US retailers like J.C. Penney, Gamestop, Macy's, Sears and Tailored Brands. It's quite scary to see how dire the situation is for these firms. Shrinking revenues, plenty of debt, hardly any profit in sight.
The most shocking to is the number of people they employ (more than 90k in the case of J.C. Penney), many of whom can be sure to be laid off in the next few years.
- hellllllllooo 7y agoWalmart, Amazon and Target are doing fine and still pay low wages. I don't understand your point or choice of companies to list.
- scarface74 7y agoAmazon retail is not “doing fine”. It’s a low margin business with high fixed costs.
- Gatsky 7y agoYes well nobody can afford to buy anything on their subsistence wages...