Walmart has shuttered half its Chicago stores while facing heavy competition for grocery customers. The move, announced Tuesday (April 11), brings the number of Walmart stores in America’s third largest city from eight down to four, and is happening as the country’s largest brick-and-mortar retailer...
The parent company of Calvin Klein and Tommy Hilfiger will shutter all of its Heritage Brands outlet stores, CNN Business reported. New York-based PVH Corp. said a total of 162 Heritage Brands shops, including the Van Heusen, IZOD, Warner’s and Olga clothing lines, are expected to close...
As department stores suffer amid the COVID-19 health crisis, John Lewis is set to shutter many locations, and Harrods is eliminating 700 positions. John Lewis Chairman Sharon White said the retailer will likely eliminate the yearly bonus that all employees usually receive and will close...
With COVID-19 shuttering its retail locations, Tuesday Morning Corp. is mulling a possible bankruptcy filing. The off-price home goods merchant has had discussions with lenders regarding a bankruptcy loan, but no formal decisions have been reached, Bloomberg reported, citing unnamed sources. The sources cited in...
April 28, 2023
Merchants are working to gain business that used to go to Bed Bath & Beyond. The retailer that declared bankruptcy this week had 35 million customers and a 33% share of registry listings in 2022, and those customers are now looking to shop elsewhere, ModernRetail reported Friday (April 28). Now, as the retailer begins closing […]
April 12, 2023
Walmart has shuttered half its Chicago stores while facing heavy competition for grocery customers. The move, announced Tuesday (April 11), brings the number of Walmart stores in America’s third largest...
July 16, 2020
The parent company of Calvin Klein and Tommy Hilfiger will shutter all of its Heritage Brands outlet stores, CNN Business reported. New York-based PVH Corp. said a total of 162 Heritage Brands...
July 01, 2020
As department stores suffer amid the COVID-19 health crisis, John Lewis is set to shutter many locations, and Harrods is eliminating 700 positions. John Lewis Chairman Sharon White said the...
