(source: pymnts.com)
Following the closure of its retail locations due to the pandemic, Tuesday Morning Corp. is reportedly gearing up to file for bankruptcy. The Texas-based company was...
With the COVID-19 pandemic causing it to shutter its stores, Neiman Marcus Group is increasing preparations to ask for bankruptcy protection. The luxury department store...
Amid lengthened measures to keep COVID-19 from spreading, some of the country’s biggest retail chains have been forced to put workers on a leave of...
The watchword in retail right now is “essential.” It is a critical issue for many retailers as federal, state and local governments close non-essential businesses...
For most retailers, this virus thing is starting to hurt. In fact, the current situation now has a nickname, courtesy of analysts at Jefferies: Closeageddon....
Things are getting a bit testy in retail land. The world’s largest retail trade group sent a letter on Monday (March 16) to the National...
Luxury retailer Neiman Marcus has decided to pivot away from discount stores to focus more on its luxury customers, according to a report by The...
In an effort to boost revenue after disappointing Q4 earnings, Office Depot is turning its attention to business-to-business (B2B) eCommerce, according to reports. The company reported...
Another bankruptcy; another week of trying to sort out the problems at retail. With news that Pier 1 Imports has filed for Chapter 11 bankruptcy,...