(source: pymnts.com)
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...
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...
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...
It’s been a doubly rough week for Sears. The struggling chain announced even more brick-and-mortar store closures are coming — this time to 103 Kmart and...
Macy’s will shutter approximately 30 stores as the retailer continues to sell its real estate and invest in eCommerce, CNBC reports. As the company moves to...
The holiday season is officially over, and the news was better than expected. Sales were up 4.9 percent — the biggest year-over-year uptick since 2011...
It was a record-breaking year in retail, according to reports — but not the good kind. More store closings have been announced this year than in...
Sears, the embattled retailer, is gearing up to close eight of its brick-and-mortar department stores and 35 Kmart stores in an effort to slash costs...
RadioShack closed 1,000 stores over the Memorial Day weekend, leaving the chain with only 70 company-owned stores and 500 dealer stores in operation across the...