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

Apocalypse Not: Brick-And-Mortar Retail Is Neither Dead Nor Dying
Apocalypse Not: Brick-And-Mortar Retail Is Neither Dead Nor Dying
February 06, 2018  |  Retail

Frozen food didn’t kill the restaurant. Telephones didn’t kill human interaction. And eCommerce won’t kill brick-and-mortar retail. That’s L Brands CEO and Chairman Les Wexner’s...

READ MORE >
H&M To Slow Store Openings
H&M To Slow Store Openings
January 31, 2018  |  Retail

Facing the shifting preferences of consumers, H&M has announced that 2018 will feature fewer brick-and-mortar store openings as it moves to adapt to increasingly digital...

READ MORE >
While Some Malls Are On The Decline, Other Malls Bring In Billions In Sales
While Some Malls Are On The Decline, Other Malls Bring In Billions In Sales
January 31, 2018  |  Retail

A year after General Growth Properties’ (GGP) Providence Place opened in 1999, the mall boasted 120 tenants, including a slew of upmarket retailers, seven restaurants...

READ MORE >
Nine West And Creditors Near Deal That Calls For Asset Sales, Bankruptcy
Nine West And Creditors Near Deal That Calls For Asset Sales, Bankruptcy
January 25, 2018  |  Retail

Nine West and its creditors are close to reaching a deal that would result in the struggling clothing store filing for bankruptcy and selling some...

READ MORE >
Mall Stores Seek ‘Under-The-Radar’ Closures
Mall Stores Seek ‘Under-The-Radar’ Closures
January 15, 2018  |  Retail

To avoid publicity, retail stores in U.S. malls are closing without a formal announcement or honoring the length of their leases, CNBC reported. Get the...

READ MORE >
Sam’s Club Suddenly Closes 63 Stores
Sam’s Club Suddenly Closes 63 Stores
January 12, 2018  |  Retail

Walmart’s Sam’s Club abruptly shuttered locations in several states, with some employees learning of the closures as they arrived for work. But the membership-only retailer...

READ MORE >
Sears Struggles Seem Stuck On Repeat
Sears Struggles Seem Stuck On Repeat
January 11, 2018  |  Retail

Sears has announced a new financing lifeline and will be scaling back costs as it attempts to return to profitability. The company is also closing...

READ MORE >
Why The Gap Needs Athleta To Stay Fit
Why The Gap Needs Athleta To Stay Fit
January 10, 2018  |  Retail

When Gap bought Athleta in 2008 for $150 million, the move didn’t cause much of a stir — beyond being considered a hedge play by the...

READ MORE >
Sears Announces Closures, JCP Says It’s ‘Going After’ Sears’ Appliances Business
Sears Announces Closures, JCP Says It’s ‘Going After’ Sears’ Appliances Business
January 05, 2018  |  Retail

It’s been a doubly rough week for Sears. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

READ MORE >