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

• 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 continues.

Since Monday, nearly 1,800 total positions were eliminated across four major companies — Jetblack, Wayfair, Kohl`s, and Barneys — in retail. These workers join a growing legion of retail employees who continue to be axed en masse from major companies, despite the US unemployment rate reaching a 50-year low in 2019.

While the challenges plaguing these companies are nuanced, the cuts represent a wide cross section of the issues affecting both traditional retailers and e-commerce companies alike, as they struggle to keep up with the fickle whims of consumers....
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RSK: And Kohl`s isn`t the only one reeling in the retail wallow.