Tuesday, October 21, 2008
Value City cutting jobs
Business First of Columbus
Value City Department Stores has cut its corporate staff.
Company spokeswoman Kristin Mack confirmed that an undisclosed number of employees were laid off Monday from the discount department store’s Westerville Road headquarters. She cited the difficult economy as the reason for the decision.
“The ownership team needed to take action,” she said. “This is a difficult time for everybody.”
Columbus-based Retail Ventures Inc. transferred 81 percent ownership of the then-113-unit chain to an investment group, VCHI Acquisition Co., in January.
The business is down to 37 stores, including two in Columbus on Westerville Road and on North Boulevard on the west side. Mack said she is unaware of any plans to close any more stores at this time.
Latest News |
Most Viewed Stories |
Most Emailed Stories |
