Retailer to lay off 126 workers at its downtown store
Little Rock, Ark.-based Dillard's Inc. has filed notice of plans to lay off more than 100 employees at its store in downtown San Antonio.
Earlier this month, the retailer filed a work-force alignment and retraining notice (WARN) report with the Texas Workforce Commission (TWC). In the report, Dillard's states that its store at 102 Alamo Plaza will cease operations and will close its doors no later than Aug. 23 of this year.
The filing shows that Dillard's expects a total of 126 employees to be affected by the closing -- including 85 sales associates.
According to the TWC Web site, under federal law employers with 100 or more employees must file a WARN report when the company plans to shut down an employment site with 50 or more workers. An employer must also file a report if it plans to layoff at least 33 percent of its workforce.
The downtown Dillard's store is part of area retail center Rivercenter Mall.
The WARN report comes on the heels of an announcement by Rivercenter's owner, New York-based Ashkenazy Acquisition Corp. (AAC), that it had purchased the former Joske's department store building from Dillard's.
That building, which dates back to 1867, spans a total of 550,000 square feet. The Dillard's store occupies about 160,000 square feet of that property.
The Joske's building buy is part of a larger investment that AAC is making to revitalize Rivercenter, which opened its doors in 1988.
At the time that AAC announced the purchase, Dillard's spokeswoman Julie Bull stated that her firm's downtown store would remain open until mid-August. She also stated that the company was working to relocate the Rivercenter employees to the retailer's four remaining stores in San Antonio, as follows: North Star Mall, Ingram Park Mall, The Shops at La Cantera and Rolling Oaks Mall.
Earlier this month, the retailer filed a work-force alignment and retraining notice (WARN) report with the Texas Workforce Commission (TWC). In the report, Dillard's states that its store at 102 Alamo Plaza will cease operations and will close its doors no later than Aug. 23 of this year.
The filing shows that Dillard's expects a total of 126 employees to be affected by the closing -- including 85 sales associates.
According to the TWC Web site, under federal law employers with 100 or more employees must file a WARN report when the company plans to shut down an employment site with 50 or more workers. An employer must also file a report if it plans to layoff at least 33 percent of its workforce.
The downtown Dillard's store is part of area retail center Rivercenter Mall.
The WARN report comes on the heels of an announcement by Rivercenter's owner, New York-based Ashkenazy Acquisition Corp. (AAC), that it had purchased the former Joske's department store building from Dillard's.
That building, which dates back to 1867, spans a total of 550,000 square feet. The Dillard's store occupies about 160,000 square feet of that property.
The Joske's building buy is part of a larger investment that AAC is making to revitalize Rivercenter, which opened its doors in 1988.
At the time that AAC announced the purchase, Dillard's spokeswoman Julie Bull stated that her firm's downtown store would remain open until mid-August. She also stated that the company was working to relocate the Rivercenter employees to the retailer's four remaining stores in San Antonio, as follows: North Star Mall, Ingram Park Mall, The Shops at La Cantera and Rolling Oaks Mall.
Labels: Dillard's, layoffs, San Antonio, Texas
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