In 2026, 8 retail companies have cut a combined 9,972 jobs, averaging 0.5% of workforce per company.
Retail layoffs in 2026 reflect a sector caught between e-commerce pressure, changing consumer behavior, and corporate restructuring. From Home Depot's RTO-driven cuts to Macy's store closures, retailers are rethinking both their physical and organizational footprints.
| Company | People Cut | % of Workforce | Date | Category |
|---|---|---|---|---|
| Nike | 1,400 | 1.8% | RESTRUCTURE | |
| Claire's | 1,300 | 7.6% | RESTRUCTURE | |
| Walmart | 1,100 | 0.1% | AI-DRIVEN | |
| Macy's | 1,050 | 1.2% | RESTRUCTURE | |
| IKEA (Ingka Group) | 800 | 0.5% | RESTRUCTURE | |
| Home Depot | 800 | 0.2% | RESTRUCTURE | |
| Nike | 775 | 1.0% | AI-DRIVEN | |
| Saks Global | 640 | 3.8% | RESTRUCTURE | |
| Smokey Bones | 500 | 100.0% | MERGER | |
| Target | 500 | 0.1% | RESTRUCTURE | |
| Walgreens | 159 | 0.1% | COST CUT | |
| GladUDid Chick-fil-A | 98 | 100.0% | RESTRUCTURE |