Rumor has it in Plano Corp offices another massive layoff us about to happen in Corp offices and supply chains. More stores to close than reported... looking to restructure.
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Rumor has it the company may file for a partial chapter 11 BK in October. Not a complete wipe but many layoffs and a lot of store closures. I think the axe is coming down and soon. Plus all the changes lately and pinching a penny even further. More tight of a payroll, less inventory, even online. Too many items being sold out and not replenished. The reduction of Nike merchandise lately etc... Something is happening for sure!