Bath & Body Works to close 24 stores and open 46 new ones: report
A new report stated Bath & Body Works is closing 24 stores but it is adding 46 new stores and some locations are undergoing renovations.
Retail industry chasm resumes after blockbuster 2018
The retail industry surged in 2018, but the trends diminishing sales at some top companies are re-emerging.
Here’s when all Payless stores are closing
Payless ShoeSource announced in February it was shuttering nearly 2,600 stores in the U.S. and Canada — and only a few will still be open until the end of June.
Target shares pop as in-store, online sales fuel 1Q earnings beat
Profits in the quarter were $795 million, while revenue grew to $17.6 billion.
Retail apocalypse? US-China tariffs could cause 12,000 stores to close: UBS
President Trump has threatened to implement duties on an additional $300 billion in Chinese goods if an agreement cannot be reached.
Children’s Place to close stores, open others in productive areas: report
The Children’s Place announced they were planning to close 40 to 45 stores in 2019 but will open 25 new ones in productive areas over the next two years, according to a report.
Fred’s reportedly closing more than 100 stores across the US
104 Fred’s stores will reportedly soon shutter their doors in the latest bout of closures announced by the discount retail company.
Lord & Taylor parent mulls possible sale amid poor results
The strategic review comes as Lord & Taylor and other traditional retailers struggle to maintain sales as fewer shoppers go to malls and brick-and-mortar locations.
Subway quietly closed more than 1,000 locations in 2018
The once-iconic sandwich shop previously said it expected to close around 500 locations.
Bed Bath & Beyond overhauls board after investor backlash
The changes were announced weeks after a trio of activist investors called on Bed Bath & Beyond to replace its entire board of directors and fire its current CEO, Steven Temares.
Pier 1 Imports to close up to 145 stores amid sales slump
The Texas-based company reported a same-store sales decline of 13.7 percent and a net sales decrease of 19.5 percent to $412.5 million in its fourth quarter of fiscal 2019.
US retail store closures in 2019 already surpass last year's total: Report
Companies have announced 5,994 store closures through this month against just 2,641 store openings.
Friendly's closes 23 restaurants amid sagging sales
The restaurant chain has 97 franchisee-owned restaurants and 77 corporate-owned restaurants still in operation.
Kay Jewelers, Zales parent to close 150 stores after weak holiday sales
Signet Jewelers also closed 262 stores in fiscal 2019 as part of a strategy that includes an increased focus on e-commerce.
Meet the new Sears: A glimpse inside the retailer's new test stores
Three Sears 'Home & Life' locations are set to debut in Alaska, Kansas and Louisiana.
Bed Bath & Beyond fires workers, declines to provide total layoffs
The company is facing an effort by activist investors to remove the entire board of directors.
Bed Bath & Beyond’s problems go beyond leadership, analysts say
The rise in direct-to-consumer home decor companies is adding extra pressure.
Christian bookstore LifeWay to shutter all 170 stores
It’s the second national Christian bookstore chain to close in the last two years.
Wisconsin-based Shopko to close remainder of stores by June
The company, which is more than a half century old, said it was unable to find a buyer for its retail business.
What retail apocalypse? These brands are opening 2,000-plus stores this year
Dollar General, Aldi, Ulta and Walmart are among the retailers who are thriving despite a slew of store closures.