Store Closures
Debenhams Shutters Oxford Street Flagship Alongside 5 Other Stores
The closures will impact 320 employees, but more stores will shutter if Debenhams fails to find a buyer…
Asics Shutters NYC Flagship as it Warns of ‘Extraordinary’ 2020 Losses
The Fifth Ave. flagship was open for just three years.
Macy’s Closing 45 Stores to Start 2021
The stores are part of the 125 doors that the retailer previously said would close over three years.
Editor’s Picks: 20 of the Best Rivet Articles of 2020
With topics like Covid-19, BLM and conscious consumption dominating the headlines, 2020 was a year of lasting…
Francesca’s Has Too Many Stores and They’re Bleeding the Company’s Cash
The bankrupt women's chain is shedding stores left, right and center, adding 97 new shutdowns to a previous…
Caleres to Close 133 Naturalizer Stores
The footwear giant said it plans to keep some stores open and focus on growing the brand's e-commerce moving…
Francesca’s to Close 140 Stores as Bankruptcy Still on the Table
The women's specialty chain will close the stores by Jan. 30, and is still finalizing a strategic plan that…
Carter’s to Close 200 Stores, Open 100 ‘Co-Branded’ Locations
CEO Michael Casey said the closures impact "older, low-margin stores in declining centers" less likely to…
Gap Store Closures Deal Blow to American Malls
By the end of 2021, 80 percent of Gap brand's store network in North America will be in off-mall locations.
Gap Mulls Store Closures in Europe
A strategic review could result in Gap scaling back its presence in Europe.
Clarks Seen Closing Dozens of Stores if Rescue Deal Goes Through
A company voluntary arrangement once said to be off the table is now firmly back on it.
H&M’s Store-Closing Plan Hints at Fashion’s Digital Future
The Swedish fast-fashion giant leans into its resilient digital operation as it plans to bring its store…
American Eagle Closing Up to 50 Stores This Year
With 250 leases set to expire next year, American Eagle could have more store closures in its future.
Guess CEO: Expect to See Big-Time Brand ‘Elevation’ in the Future
During the second quarter, Guess saw lower net revenue, as it remained challenged by store closures and…
July’s Consumer Spending on Clothing, Footwear Keeps Streak Alive
It was the third straight month for increased consumer spending in the sector after bottoming out in April.