Nearly 1,800 retail employees lost their jobs at 4 major companies this week — and it shows the great retail shakeout is far from over
Business Insider -

AP Photo/Jenny Kane

Nearly 1,800 retail employees were laid off at four major companies this week, signaling ongoing strife for the industry even as the US unemployment rate reached a 50-year low in 2019. 

While layoffs at Barneys and Kohl's reflect ongoing challenges for the traditional retail market, woes at Wayfair and Jet Black point to the dangers of e-commerce brands that grow too much, too fast. 

We took a closer look at this week's rash of layoffs as the retail apocalypse...

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