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Retail

Consumer Companies Lead Corporate Bankruptcies in 2024

Sixty companies have filed for bankruptcy in the consumer discretionary category this year so far.

Lily AI Lauds Amazon, Walmart, Stitch Fix As Top Retailers Using AI

The startup's inaugural Retail AI Index lists its top 100 retailers using AI based on several considerations.

As Menswear Retailer Rubensteins Turns 100, a Look at What Has Made It Endure

The family-operated store in New Orleans is owned by brothers Andre and David Rubenstein.

Heavily Indebted Retailer Coin Opening Up to New Investors

The Italian retailer is said to have hired consultancy Kpgm to explore M&A options.

L’Agence Has a New Store Concept: The Jean Bar

Jeff Rudes, creator of J Brand jeans and cofounder of L'Agence, is leaning into a new old trend.

Big Lots Is Closing 150 Stores, Eyeing More Capital

The distressed home sector sees Big Lots shutting 150 stores and LL Flooring on the hunt for cash on heels of…

Cash Crunch Sees Home Retailer Conn’s Shutting Down Operations

134-year-old home retailer Conn's filed a Chapter 11 bankruptcy petition to sell assets and do an orderly…

Home Retailer Conn’s To Close 71 Doors Amid Chapter 11 Speculation

Struggling discount home retailer Conn's Inc. is said to be contemplating a Chapter 11 filing as it shutters…

Danish Logistics Company Adds Retail to the Mix With Acquisition

Carousel Logistics has acquired Logik Logistics International in a play to service more industries and…

First Insight: How Brands Should Address the Evolving Challenges of the Footwear Market

First Insight's Greg Petro shares insights into the current state of the industry and what brands can do to…

Back to School Starts Early This Year as Parents Plan to Spend More

JLL's Back-to-School study said parents will spend 21.8% more in 2024 than they did last year as they hunt…

Ozempic Not Yet Shifting National Trends Despite Localized Impact

Bold Metrics data shows average weight has not declined nationally between 2021 and 2024, despite the…

Levi’s Opens Its Largest Store in India

The store is located in a mall that attracts approximately 1 million visitors each month.

SoCal City Offers Retail Businesses Rent at $1 Per Month

The city of Ontario, Calif. is seeking retail applicants for its pop-up pilot program, designed to revitalize…

Rome Flagship Is 1 of 500 New Doors Mango Plans to Open by 2026

Mango has a target of 500 new store openings by 2026, with the US becoming a top three region, and annual…