How do I explain a layoff in interviews? - 14 weeks in

I have an interview next week and I am unsure how to explain why I left my last job as a retail manager. I have read a lot of threads here and could not find my exact situation. I have been practising in the mirror. Do they ask follow-ups?

Thanks for writing this out. I went through something close to it 6 months ago, and it got easier once I kept a simple log of every call and form.

I keep it to two sentences: the company cut my team, and here is what I am proud of and what I am looking for next.