Even though the retail market has largely recovered, stores keep filing for bankruptcy with many not making it through the Chapter 11 bankruptcy process. Bed Bath & Beyond, Tuesday Morning ...
About 45,000 retail stores may close in the coming years as retail’s physical footprint increasingly shifts to serve as fulfillment and distribution centers, UBS analysts led by Michael Lasser ...
Not a day goes by without some type of Retail Armageddon story from the financial media; to a certain extent, it’s justified. The coronavirus sped up the demise of several big department stores ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...
Blue Torch Capital owns approximately 78% of the troubled retailer. Amid the filing, Rue 21 will also close all of its stores. It currently operates about 540 of them across the United States.
The earliest form of retail stores originated in ancient Greece. From Mom-and-Pop stores to department stores and shopping malls, and, most recently, e-commerce and social media selling ...
Image courtesy Albertsons Media Collective Retail media ads can offer run the gamut from “on-site” advertising opportunities — such as ads and videos on its own website, app or even in its physical ...
After its first location was opened in 1962 by Sam Walton in Rogers, Arkansas, Walmart seemingly became an overnight sensation in the world of discount retail. Decade after decade, the chain ...
Retail sales fell sharply last month - even ... The biggest effect was felt in clothes shops, sports equipment, games and toys stores, and furniture shops doing badly as poor weather reduced ...
In addition to visiting more stores, shoppers are also traveling to cheaper ZIP Codes to shop and pursuing loyalty programs and promotions in greater numbers, retail analysts say.
rue21 has filed for Chapter 11 bankruptcy and is closing all of its over 500 stores. Reuters reported that the teen fashion retailer plans to close all of its 543 U.S. stores within the next two ...