“We were able to reassign many of those impacted by this realignment to other available store and corporate roles, but ultimately we had to reduce our headcount,” a spokesperson for the company said in a statement, according to CNBC. “This decision was a difficult but necessary step, and we are committed to treating all associates across the organization fairly and with respect.”
CNBC reports that the company plans to replatform its website, focus on data-driven personalized marketing, improve its merchandise and develop a better operating structure.
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