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Fetch a tourniquet, please
In the “hemorrhaging jobs” category: Macy’s closes its Midwest headquarters based in St. Louis - which has only been around for a couple of years - and eliminates 850 local jobs in the process.
Macy’s Midwest will be folded into the South regional HQ in Atlanta, and renamed Macy’s Central.
St. Louis will still be home - for now - to a smaller Macy’s regional office which will provide a fraction of the positions lost in the regional HQ shuffle…reportedly 40 to 60 jobs.
Somewhat drowned out by the Macy’s story, this supplemental bit of bleeding:
Five St. Louis-area Value City Department Stores are set to close in the next six to eight weeks causing more than 250 store employees to lose their jobs, a Value City spokeswoman said Wednesday.
Makes that proposed boycott of St. Louis sound timely.
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