closures

Coresight Expects Up To 10K Retail Stores To Close In US This Year
Coresight Expects Up To 10K Retail Stores To Close In US This Year
January 28, 2021  |  Retail

A retail industry researcher and forecaster issued a report on Thursday (Jan. 28) saying that as many as 10,000 stores could close in the U.S....

READ MORE >
More Main Street SMBs Face Permanent Closures
More Main Street SMBs Face Permanent Closures
July 22, 2020  |  SMBs

It would be much easier to name all the segments not hit hard by COVID-19 and the subsequent economic chaos it has unleashed than it would be...

READ MORE >
Apple Stores Unlikely To Reopen Before 2021
Apple Stores Unlikely To Reopen Before 2021
July 14, 2020  |  Retail

Apple Inc. employees and shoppers who expected to see the California-based technology giant reopen its stores this summer got some bad news. In a video...

READ MORE >
California Goes Back Under Lockdown
California Goes Back Under Lockdown
July 13, 2020  |  Coronavirus

The number of coronavirus cases in the U.S. surpassed 3.3 million on Monday (July 13) as the nation’s death toll exceeded 135,000, according to Johns...

READ MORE >
Economists Say 68 Pct Of Unemployed Workers Collected More Than Their Regular Wages
Economists Say 68 Pct Of Unemployed Workers Collected More Than Their Regular Wages
July 12, 2020  |  Economy

In three weeks, the $600 federal jobless benefit that has been added to the state’s unemployment checks will end. These payments have put $18 billion...

READ MORE >
Bed Bath & Beyond Will Close 200 Stores In Next 2 Years Due To Pandemic
Bed Bath & Beyond Will Close 200 Stores In Next 2 Years Due To Pandemic
July 09, 2020  |  Retail

Bed Bath & Beyond, in peril over the pandemic, will be closing 200 stores over the next two years as its sales have plummeted 50...

READ MORE >
Retail’s Abysmal Week: Will Liquidation Sales Follow?
Retail’s Abysmal Week: Will Liquidation Sales Follow?
May 08, 2020  |  Retail

It was a tumultuous week for fashion retail and department stores. J.Crew and Neiman Marcus filed for bankruptcy, and we could soon see more big...

READ MORE >
Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers
Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers
May 08, 2020  |  Retail

Brookfield, which owns stake in numerous malls and related properties, is going to spend $5 billion to try and get the industry back on track...

READ MORE >
Nordstrom And Lord & Taylor Dampen Retail Reopening Plans
Nordstrom And Lord & Taylor Dampen Retail Reopening Plans
May 06, 2020  |  Retail

The retail reopenings underway hit a few roadblocks on Wednesday (May 6), as Nordstrom’s, L Brands and Lord & Taylor all checked in with bad...

READ MORE >