The coronavirus is magnifying the challenges that troubled retailers faced before the pandemic as they continue to seek financial lifelines. GNC recently declared bankruptcy as well as retail closings,...
One of the new truisms of pandemic-era retail is this: If a retailer was in trouble before COVID-19, that trouble will be magnified because of...
A retail apocalypse could turn into a retail Armageddon, with tens of thousands of storefronts projected to close by 2020’s end, but the prediction is spurring alternate...
Shortly after Macy’s warned investors Thursday (May 21) of a probable $1 billion first-quarter operating loss, Jeff Gennette, the iconic store’s chief executive officer, spoke...
If anyone is on the front lines of Main Street’s struggle to survive, it’s Amanda Ballantyne. As the executive director of the Main Street Alliance,...
The dreaded “B” word has been circulating with more weight and frequency, as the week opens with nonessential retailers reckoning with life during the contagion....
Another bankruptcy; another week of trying to sort out the problems at retail. With news that Pier 1 Imports has filed for Chapter 11 bankruptcy,...