Caleres layoffs, on the record
Every job cut, severance charge and restructuring Caleres reported in its annual reports, 2024 to 2026, quoted from the filings. Headcount went from approximately 9,200 to approximately 10,000.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2024 | approximately 9,200 | February 3, 2024 |
| 10-K for 2025 | approximately 9,400 | February 1, 2025 |
| 10-K for 2026 | approximately 10,000 | January 31, 2026 |
Job cuts, severance and restructuring
Our summaryCaleres incurred restructuring costs tied to its expense reduction initiatives during fiscal 2023.
Word for word“During 2023, we incurred restructuring costs of $6.1 million ($4.5 million on an after-tax basis, or $0.13 per diluted share), associated with our expense reduction initiatives.” 10-K for 2024
Our summaryFamous Footwear recorded restructuring charges for expense reduction initiatives, primarily severance.
Word for word“Restructuring and other special charges of $1.4 million were recorded during 2023 for expenses associated with expense reduction initiatives, primarily severance .” 10-K for 2024
Our summaryBrand Portfolio recorded restructuring charges for expense reduction initiatives, mainly severance and costs to integrate the Blowfish Malibu office, showroom and information systems into St. Louis.
Word for word“Restructuring and other special charges of $2.6 million were recorded during 2023 for expenses associated with our expense reduction initiatives, primarily severance and other costs to integrate the Blowfish Malibu office, showroom and information systems into the St. Louis infrastructure.” 10-K for 2024
Our summaryEliminations and Other recorded restructuring charges for expense reduction initiatives, primarily severance, at the corporate headquarters.
Word for word“Restructuring and other special charges of $2.1 million in 2023 were associated with expense reduction initiatives, primarily severance, at our corporate headquarters.” 10-K for 2024
Our summaryCaleres recorded restructuring and other special charges associated with a CFO transition at its corporate headquarters.
Word for word“During 2022, we incurred restructuring and other special charges of $2.9 million ($2.7 million on an after-tax basis, or $0.07 per diluted share) associated with a CFO transition at our corporate headquarters.” 10-K for 2024
Our summaryRestructuring costs in 2024 were mainly for exiting Naturalizer domestic retail store operations, severance, and a pension settlement tied to a lump sum buyout offer for the domestic pension plan.
Word for word“During 2024, we incurred costs of $9.9 million ($7.3 million on an after-tax basis, or $0.21 per diluted share) for restructuring.” 10-K for 2025
Our summaryRestructuring costs in 2024 were primarily for exiting Naturalizer retail store operations and other restructuring costs, mainly severance.
Word for word“During 2024, we incurred restructuring costs of $7.1 million ($5.3 million on an after-tax basis, or $0.15 per diluted share).” 10-K for 2025
Our summaryFamous Footwear segment recorded restructuring and other special charges for severance costs.
Word for word“Restructuring and other special charges of $0.6 million were incurred for severance costs during 2024 .” 10-K for 2025
Our summaryBrand Portfolio segment recorded restructuring and other special charges associated with the exit of Naturalizer retail store operations and severance.
Word for word“Restructuring and other special charges of $6.3 million were incurred during 2024.” 10-K for 2025
Our summaryThe company ran expense reduction initiatives announced in the second quarter of 2025, with charges mainly for severance and related costs.
Word for word“● Expense reduction initiatives – During 2025, the Company incurred $9.6 million ($7.1 million on an after-tax basis, or $0.22 per diluted share) in connection with expense reduction initiatives announced in the second quarter of 2025.” 10-K for 2026
Our summaryThe company recorded restructuring costs in 2024 for exiting Naturalizer domestic retail stores, severance and a pension settlement.
Word for word“● Restructuring costs - During 2024, we incurred costs of $9.9 million ($7.3 million on an after-tax basis, or $0.21 per diluted share) for restructuring.” 10-K for 2026
Our summaryThe company incurred costs tied to a CFO transition at its corporate headquarters.
Word for word“● Organizational changes – During 2025, we incurred costs of $2.0 million ($1.5 million on an after-tax-basis, or $0.04 per diluted share) related to a CFO transition at our corporate headquarters, with no corresponding costs during 2024.” 10-K for 2026
Our summaryFamous Footwear recorded severance costs from the expense reduction initiatives.
Word for word“Restructuring and other special charges of $0.3 million were incurred for severance costs associated with our expense reduction initiatives during 2025 .” 10-K for 2026
| Fiscal year ended | Restructuring charges |
|---|---|
| 2017-01-28 | $23.4 million |
| 2018-02-03 | $4.9 million |
| 2019-02-02 | $16.1 million |
| 2020-02-01 | $14.8 million |
| 2021-01-30 | $96.7 million |
| 2022-01-29 | $13.5 million |
| 2023-01-28 | $2.9 million |
| 2024-02-03 | $6.1 million |
| 2025-02-01 | $7.2 million |
| 2026-01-31 | $20.9 million |
Caleres has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from Caleres’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-04-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.