Source: pymnts.com
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...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Macy’s will shutter approximately 30 stores as the retailer continues to sell its real estate and invest in eCommerce, CNBC reports. Get the Full Story Complete...
The holiday season is officially over, and the news was better than expected. Get the Full Story Complete the form to unlock this article and...
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...