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

COVID Retail Update: Mall Group Asks For Bailout
COVID Retail Update: Mall Group Asks For Bailout
March 18, 2020  |  Retail

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....

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NRF Asks Government To Give Notice Before Ordering Store Closures
NRF Asks Government To Give Notice Before Ordering Store Closures
March 16, 2020  |  Retail

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...

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Neiman Marcus To Shutter Half Of Its Discount Stores
Neiman Marcus To Shutter Half Of Its Discount Stores
March 11, 2020  |  Retail

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...

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Office Depot Turns To B2B eCommerce To Boost Revenues
Office Depot Turns To B2B eCommerce To Boost Revenues
February 27, 2020  |  B2B Payments

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...

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Retail Bankruptcies Fuel The Overstored Debate
Retail Bankruptcies Fuel The Overstored Debate
February 24, 2020  |  Retail

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,...

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Big Fizzle: The Incredible Shrinking Mall-Based Retailer
Big Fizzle: The Incredible Shrinking Mall-Based Retailer
February 07, 2020  |  Sizzle/Fizzle

Welcome, perhaps, to the mauling of the Great American Mall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept
Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept
February 07, 2020  |  Retail

Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven, in...

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Macy’s Woes Add To Tough Week For Malls
Macy’s Woes Add To Tough Week For Malls
February 05, 2020  |  Retail

It’s been a tough week for malls. First, mall tenant Forever 21 was bought out by its landlords. Then, Sephora launched one of the most...

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Coronavirus Hits Food Delivery, Ridesharing In China
Coronavirus Hits Food Delivery, Ridesharing In China
February 03, 2020  |  International

As cases of the coronavirus swell in China, on-demand apps are seeing disruption in the country in lieu of benefiting from a homebound population. Food...

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