Philadelphia-area retailers furlough employees, take other cost-cutting measures

Natalie Kostelni
Philadelphia-area retailers furlough employees, take other cost-cutting measures

This story was updated to include the total number of employees affected at David's Bridal Inc. The information wasn't publicly available at the time it was first published. Three Philadelphia-area retailers have taken proactive steps to preserve ongoing operations by either furloughing employees, instituting pay cuts, canceling projects or a combination of those measures amid the ongoing coronavirus pandemic. Urban Outfitters Inc., Five Below Inc. and David’s Bridal Inc. have had their respective stores closed since mid-March, essentially shutting off a significant generator of revenue for their businesses.