(source: pymnts.com)
Discount retailer 99 Cents Only has declared bankruptcy as it prepares to shutter its stores. The company announced its Chapter 11 filing Monday (April 8), days after it said...
One of the U.K.’s oldest retailers, Marks and Spencer (M&S) announced last week it plans to shutter 110 stores during the next five years. This...
As even affluent consumers see their spending power diminish, Dollar Tree is making gains with high-income shoppers, even as the business on the whole faces...
Dollar Tree says it plans to close nearly of its 1,000 Family Dollar locations. The discount retailer announced the closures with its earnings report Wednesday (March 13), saying that a...
Macy’s plans to close 150 of its stores as it focuses on its luxury brands. The department store chain made this announcement Tuesday (Feb. 27) as it released quarterly...
Target has reported a disturbing surge in retail crime, which is anticipated to cause an estimated $500 million more in losses and stolen merchandise this...
Despite challenging economic conditions, some retailers in the U.K. are planning to open new stores. In recent months, weak consumer demand has fueled a wave...
It’s closing time for many small businesses in New York City. As the pandemic drags on and federal aid runs low, many owners are calling...
Target said in a press release on Monday (July 27) that, as part of its holiday shopping and COVID-19 plans, it will close on Thanksgiving....