Stop & Shop hiring, Nordstrom to start furloughs
Luxury retailer Nordstrom will start to furlough a portion of its corporate employees starting April 5 for six weeks. It’s also extending temporary store closures for at least one week, through April 5. It’s unknown how many corporate employees will be furloughed, but they will continue to receive enrolled benefits. In addition, some Nordstrom executives will forgo part of their salary, and both Peter and Erik Nordstrom will decline their salary from April through September. All board members will forgo cash compensation for a six-month period.
There are a few sectors, like those in the food industry, that need to hire as demand for their services surges.
Grocer Stop & Shop will hire at least 5,000 new associates for regular part-time positions in its stores, distribution centers and delivery operations across New York, New Jersey, Connecticut, Massachusetts and Rhode Island. Stop & Shop will also be working closely with its partners at the United Food & Commercial Workers (UFCW) and with local businesses that have been forced to lay off or furlough staff to identify potential candidates for opportunities across all shifts and all positions.
Park Hotels & Resorts is suspending operations at almost half of its 60 hotels to reduce ongoing costs as it deals with softer demand during the virus outbreak. The company is looking for alternative revenue options such as providing temporary lodging for first responders, other medical personnel, military personnel, displaced guests and residents of communities where Park’s hotels are located. (AP)