(source: pymnts.com)
The harsh realities of the pandemic’s effect on retail continued to show themselves late this week as more high-profile brands reported plunging quarterly earnings and...
The digital shift continued to show its dramatic potential to change retailing today, as three companies announced major changes to their business models. No less...
A retail apocalypse could turn into a retail Armageddon, with tens of thousands of storefronts projected to close by 2020’s end, but the prediction is spurring alternate...
As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released...
As many as 25,000 stores could close by year’s end, most of them in malls, as part of the fallout from COVID-19, a new survey reveals....
Brooks Brothers is in talks with banks about securing cash for a potential bankruptcy that could come within weeks, as COVID-19 has crushed sales for...
JCPenney has identified the first round of 154 retail location closures, after an assessment of its store footprint and evaluation of “future strategic fit” as...
With its store closing sales set to start after retail locations can safely open again, Pier 1 Imports, Inc. said it has received the green...
To decrease its outstanding liabilities and bolster its total financial position, Tuesday Morning Corporation said in a statement that it has filed for Chapter 11 bankruptcy to...