Rent the Runway lays off all retail employees due to coronavirus uncertainty
Photo by Kelly Sullivan/Getty Images for Rent the Runway
Rent the Runway, a popular clothing rental brand, laid off its entire retail staff via Zoom yesterday. The company, which primarily operates online, has brick and mortar locations in California, New York, Chicago, and Washington DC. All stores are currently closed due to the coronavirus pandemic, and the company is not sure when or if they will be able to reopen.
During a Zoom meeting with retail staff, a company executive said the business has been forced to “dramatically reassess” its current operations in order to sustain the business. “All teams at RTR are being impacted in some way today,” she added. “With the current uncertainty and continued government restrictions that are aimed to protect public health during this unprecedented...
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