Store Closures
Bankruptcy Court Claimed More Retail Victims than Victors This Year
Many retailers filing for bankruptcy in 2019, victims of the Chapter 22 curse, had filed once before and…
Q&A: Microsoft’s Retail Strategy Director on AI’s Role in Preventing Store Closures
ShiSh Shridhar, worldwide director of retail business strategy for Microsoft, reveals how retailers can use…
Tariffs Could Put an Additional $40 Billion of Retail Sales, 12,000 Stores at Risk
The pace of store closures could accelerate due to the impact from tariffs and trigger inventory dislocations…
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Debenhams to Close 22 Stores Next Year, Threatening 1,200 Jobs
Debenhams, the embattled department-store chain that was taken over by lenders earlier this month, plans to…
Report: J.C. Penney Could Close Up to 100 Stores
J.C. Penney may be set to shutter more stores and the closures could put pressure on some mall operators.
Another Bloodbath Day for Retail Store Closures, as Chico’s Looks to Shutter 250
Seven hundred more retail doors are set to go dark, and the slew of retailers announcing store closures could…
Things You Need to Know for the Week Ahead
The specialty stores get to report earnings next week, and some may very well disclose which doors are…
Malls Take a 48-Hour Beating as Retailers Cull Over 300 Stores
You can't blame America's teenagers for no longer congregating at the mall like generations past: There…
These Retailers are Closing Stores in 2019
Only two months into 2019 and 1,800 retail doors are already slated for closure. Here's an update on which…
J.C. Penney’s New Chief Lays Out First Round of Store Closures
J. C. Penney said it will close three stores this spring and may announce more next month as its new CEO…
Vera Bradley to Close Around 40 Stores as Performance Wanes
Vera Bradley released underwhelming Q3 earnings, prompting a fall in stock and the announcement of more store…
Gymboree Mulls Closing Half of its Stores a Year After Declaring Bankruptcy
Sources say Gymboree is considering closing half of all its store locations to skirt another bankruptcy.
H&M Shutters Underperforming Cheap Monday Brand to Focus on Core
H&M said it will cease all operations for the underperforming denim brand, Cheap Monday, in favor of core…
Gap Set to Close Hundreds of Stores CEO Says Are “Dragging Down the Brand”
Hundreds of underperforming Gap stores are on the chopping block and CEO Art Peck wants them shuttered before…
Canadian Denim Retailer Jean Machine to Close After 42 Years
Jean Machine, a Canadian retailer with dozens of stores across Ontario, announced it will close all retail…