Major hardware supplier True Value has initiated Chapter 11 bankruptcy procedures and reportedly entered into an agreement to sell all of its operations to a rival chain, Do it Best Corp.
Beach and water apparel brand Salt Life is closing all of its retail locations after it was sold to new owners who moved to liquidate it.
The doors to the last full-size Kmart store in the United States will close forever on October 20, leaving only a smaller location in Miami.
Badcock Home Furniture & More is going out of business after the chain announced the closure of nearly 400 stores on Tuesday.
Popular discount store Big Lots has alerted financial regulators that the company’s staggering losses over the last two years have raised “substantial doubt about the company’s ability to continue.”
Dollar General is taking drastic steps to end the retail theft that has been plaguing its stores across the nation.
The parent company of major retailer T.J. Maxx is giving its workers body cameras to try to stop shoplifting incidents, which are plaguing businesses across the nation.
Washington, DC, Mayor Muriel Bowser (D) is heading to Las Vegas for an “economic mission” after enjoying the Masters golf tournament in Georgia on the taxpayer’s dime.
A 32-year-old police officer in Gurnee, Illinois, is accused of stealing items from a local Walmart on Sunday afternoon.
United States fashion retailer Express Inc. has filed for Chapter 11 bankruptcy protection as it plans to shutter more than 95 stores.
Approximately 1,000 Family Dollar and Dollar Tree stores are scheduled to be closed after “botched” business decisions and a “surprise fourth-quarter loss,” with the company’s shares taking a tumble.
The oldest toy store in San Francisco, which inspired the movie “Toy Story,” is shutting down for good due to rampant crime and other issues.
The LEGO store in the San Francisco Centre mall has officially closed, right in the middle of the Christmas retail season, joining a retail exodus from the city that is driven by crime, homelessness, drugs, and the nation’s slowest post-pandemic recovery.
Local bank branches are closing across San Francisco, as the city’s economic decline continues amid crime, homelessness, and a drug epidemic.
Another retailer is fleeing Union Square in downtown San Francisco — this time, a century-old haberdashery known for its hats.
Christmas Tree Shops is reportedly preparing to shut down all of its 82 locations after initially planning to close just ten.
Williams-Sonoma, a retailer specializing in kitchen and home furnishings, confirmed Friday that it will leave its downtown San Francisco location next year, becoming the latest big retailer to leave the Union Square area.
Nordstrom will be shuttering its two stores in downtown San Francisco after 35 years due to a change in “the dynamics of the downtown,” the retailer announced Tuesday.
Gap Inc. is eliminating 1,800 corporate jobs, “mainly in San Francisco and New York,” as part of an effort to make the company “more nimble and less bureaucratic,” the Wall Street Journal reported Thursday.
Bed Bath & Beyond said Tuesday it will be shuttering 150 more stores as the beleaguered home goods chain cuts costs as it works to stay afloat.
Small business owners expect sales conditions and the overall economy to deteriorate in the coming year.
The consumer expectations barometer fell again, hitting a six month low, and remains at a low level consistent with a looming recession.
A conservative magazine in Europe has been dumped by a major retailer after a number of progressives declared what has been described as a “retail ‘fatwa'” against the publication over its contents.
Retail and construction openings crashed in June as the Fed raised interest rates at the fastest pace in decades.
The cracks that have started to emerge in the post-pandemic recovery grew a bit more visible in the May jobs report.
Amazon’s grocery store business has cost it billions of dollars over the past 15 years and has yet to really cement its foothold in the retail space. Analysts are now referring to the business as Amazon’s most “expensive hobby.”
Apple Store employees around the United States are reportedly attempting to unionize as hourly workers grow frustrated with wages and working conditions. According to the Washington Post, Apple employees are using Android smartphones to discuss unionization to avoid potential snooping efforts by their employer.
Tech giant Amazon is reportedly bringing its cashierless convenience stores to the suburbs. Areas outside of major American cities can soon expect to see “Amazon Go” stores pop up as Amazon continues its assault on the bricks and mortar retail industry.o
E-commerce giant Amazon is reportedly opening its first-ever brick and mortar clothing store called Amazon Style. The first location will open in Los Angeles later this year, although an exact date hasn’t been specified.
An industry group has said that German retail trade over Christmas has been ‘dramatically bad’ due to the country’s COVID Pass rules.
Hackers are reportedly sending “antiwork” manifestos to receipt printers at businesses worldwide, taking over the common transaction record to spread their political propaganda.
CVS Health said Thursday it plans to shut down 900 locations over the coming three year period, WHDH reported.
Prices are up but plans to spend on gifts actually declined slightly. That points to fewer gifts this year.
Tech and e-commerce giant Amazon reportedly plans to open multiple large physical stores across the United States that will operate similarly to department stores. Amazon is already the largest seller of clothing in the United States.
Retail giant Walmart is set to give 740,000 employees free Samsung smartphones by the end of the year so they can use a new app to manage schedules and perform a wide variety of other tasks in the store. Employees will be free to use the phone for their personal business as well.
A recent report from Bloomberg reveals that Amazon has considered opening home goods and electronics discount stores in an effort to offload unsold items.
Fry’s Electronics stores across the country are shutting down for good as the company is going out of business.
In a recent article, Recode outlines how retailers track customers’ every move in exchange for providing them with coupons and convenient shopping experiences.
If you take away the seasonal adjustment, employment grew in the retail sector in November.
A survey released by the French Court of Auditors has warned of the increasing disappearance of local shops from vulnerable, impoverished no-go areas across the country due to security issues. The survey described a “phenomena of withdrawal” of businesses from
