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

Retail CFOs Tighten Purse Strings Over Physical Store Uncertainty
Retail CFOs Tighten Purse Strings Over Physical Store Uncertainty
January 28, 2020  |  Retail

Retail chief financial officers (CFOs) are in for a bumpy road ahead, sitting in the eye of a storm with the presidential election, global trade...

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1200+ Retail Store Closings Announced So Far In 2020
1200+ Retail Store Closings Announced So Far In 2020
January 27, 2020  |  Retail

The new year has not been kind to retail stores around the country, as the trend of accelerating store closings continues, according to a report...

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Retail Pulse: Shipt Teams With Office Depot; Express To Close Brick-and-Mortar Stores
Retail Pulse: Shipt Teams With Office Depot; Express To Close Brick-and-Mortar Stores
January 24, 2020  |  Retail

On-demand delivery services are expanding their offerings beyond takeout from restaurants or groceries from supermarkets to carry additional categories of merchandise. Shipt, in one case,...

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Express To Shutter 100 Stores To Save $80M Per Year
Express To Shutter 100 Stores To Save $80M Per Year
January 23, 2020  |  Retail

By closing 100 stores in the next two years, Express aims to save around $80 million annually over the next three years, as reported by...

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Bose To Shutter 119 Tech Stores
Bose To Shutter 119 Tech Stores
January 16, 2020  |  Retail

Audio equipment company Bose has announced it is closing 119 retail locations due to changing customer demand, according to a report. Get the Full Story...

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Even Times Square Losing Shops To Changing Retail Landscape
Even Times Square Losing Shops To Changing Retail Landscape
January 15, 2020  |  Retail

Times Square, one of the most famous places on the planet, where hundreds of thousands of people live, work and visit any given day or...

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Strip Malls Gaining An Edge Over Traditional Shopping Malls
Strip Malls Gaining An Edge Over Traditional Shopping Malls
January 14, 2020  |  Retail

Open-air shopping centers – also called strip malls or strip centers – are replacing malls as retail juggernauts, offering necessities like grocery stores, hair salons...

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Macy’s Plans To Shutter 28 Locations
Macy’s Plans To Shutter 28 Locations
January 09, 2020  |  Retail

As part of its yearly review process, Macy’s plans to shutter one Bloomingdale’s store and 28 of its namesake department stores. The retailer operates approximately...

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Mall Vacancy Rate Reaches 20-Year High
Mall Vacancy Rate Reaches 20-Year High
January 07, 2020  |  Retail

U.S. shopping malls have reached the pinnacle of struggle, with empty shops hitting a 20-year high, the Financial Times (FT) reported on Tuesday (Jan. 7)....

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