17,000 More Jobs to Go??????
...Late last year, Howard Schacter, Steve & Barry's chief partnership officer, told Newsday that the company had had "an unprecedented year of growth," and that it had "added more square footage than any specialty retailer in the country."
Nonetheless, Schacter said, in December Steve & Barry's laid off 170 people, less than 1 percent of its total workforce of about 17,000.
(Newsday (Melville, NY) (KRT) Via Acquire Media NewsEdge) Jul. 4--Steve & Barry's, the Port Washington-based clothing retailer that opened more than 200 dress-down stores in the past few years and is the home of splashy but low-price apparel and footwear by the likes of Sarah Jessica Parker and Stephon Marbury, plans to close 100 outlets and is considering liquidation if it can't find emergency financing, according to a published report.
Potentially 17,000 jobs and millions and millions of square feet of retail space.
Round and round she goes........