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

More SMBs Throw In The Towel After Lockdown Restrictions

More SMBs Throw In The Towel After Lockdown Restrictions
More SMBs Throw In The Towel After Lockdown Restrictions
July 14, 2020  |  Economy

The resurgence of the COVID-19 has delivered a crippling blow to many small businesses, The New York Times reported. Get the Full Story Complete the...

READ MORE >
Retailers Hit With Sticker Shock Amid Mass Liquidation Sales
Retailers Hit With Sticker Shock Amid Mass Liquidation Sales
July 13, 2020  |  Retail

Reeling from the impact of the coronavirus, department store chains and other retailers are scrambling to offload mountains of now-unwanted clothing and other products. Get...

READ MORE >
Apple To Shutter 30 More US Stores Again Amid Pandemic
Apple To Shutter 30 More US Stores Again Amid Pandemic
July 02, 2020  |  Retail

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United...

READ MORE >
Microsoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’
Microsoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’
June 26, 2020  |  Retail

Microsoft is shuttering brick-and-mortar locations as it unveils a “strategic change” in the way it runs its retail business. The technology firm’s retail staffers will...

READ MORE >
Troubled Retailers Continue To Seek Financial Lifelines
Troubled Retailers Continue To Seek Financial Lifelines
June 25, 2020  |  Retail

One of the new truisms of pandemic-era retail is this: If a retailer was in trouble before COVID-19, that trouble will be magnified because of...

READ MORE >
Vitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain
Vitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain
June 24, 2020  |  Retail

Vitamin store chain GNC Holdings filed a “prepackaged” Chapter 11 bankruptcy plan, saying it has an offer to sell the company for $760 million and...

READ MORE >
Retailers Consider Store Closures Amid The Digital Shift
Retailers Consider Store Closures Amid The Digital Shift
June 15, 2020  |  Today In Data

The pandemic’s harsh impacts on retail continue to show themselves as brands report plummeting quarterly earnings and eye additional store closings. Inditex revealed what could be a...

READ MORE >
Retail Reconsidered: More Brands Turn Critical Eye Toward Offline Locations
Retail Reconsidered: More Brands Turn Critical Eye Toward Offline Locations
June 12, 2020  |  Retail

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...

READ MORE >