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Store Closures
Forever 21, GameStop, Gap, Toys R Us, Dressbarn, A&F, Walgreens, J.C. Penney, Office Depot and even Walmart are closing stores in 2019.
(source: pymnts.com)
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SMBsReport: One-Third Of NYC SMBs Could Close Permanently
It’s closing time for many small businesses in New York City. As the pandemic...
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RetailTarget Takes Big Step To Close On Thanksgiving Holiday
Target said in a press release on Monday (July 27) that, as part of...
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RetailNeiman Marcus To Close Store In NYC's Hudson Yards
Neiman Marcus is reportedly leaving the upscale New York City Hudson Yards shopping center...
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RetailAnn Taylor And Lane Bryant Parent Ascena Files Chapter 11...
Ascena Retail Group, Inc. has filed for Chapter 11 bankruptcy in the United States...
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EconomyMore SMBs Throw In The Towel After Lockdown Restrictions
The resurgence of the COVID-19 has delivered a crippling blow to many small businesses,...
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RetailRetailers Hit With Sticker Shock Amid Mass Liquidation Sales
Reeling from the impact of the coronavirus, department store chains and other retailers are...
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RetailApple To Shutter 30 More US Stores Again Amid Pandemic
As instances of the coronavirus quickly increase in a number of regions across the...
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RetailMicrosoft To Shutter Brick-And-Mortar Stores In 'Strategic Change'
Microsoft is shuttering brick-and-mortar locations as it unveils a “strategic change” in the way...
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RetailTroubled Retailers Continue To Seek Financial Lifelines
One of the new truisms of pandemic-era retail is this: If a retailer was...
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RetailVitamin Retailer GNC Files Chapter 11 Plan That Includes $760M...
Vitamin store chain GNC Holdings filed a "prepackaged" Chapter 11 bankruptcy plan, saying it...
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Today In DataRetailers Consider Store Closures Amid The Digital Shift
The pandemic’s harsh impacts on retail continue to show themselves as brands report plummeting...
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RetailRetail Reconsidered: More Brands Turn Critical Eye Toward Offline Locations
The harsh realities of the pandemic’s effect on retail continued to show themselves late...
