Retail Apocalypse

Retailers are facing relentless competition from controversial fast fashion companies Shein and Temu, according to Coresight Research, which anticipates 15,000 retail closures this year.

As Kmart plans to shutter its last full-scale store in the continental U.S., here's a look at past American retailers that have closed in the last 20 years.

Macy's is planning to cut 2,350 jobs and close five stores, The Wall Street Journal reported on Thursday, as the company moves to embrace more technology.

Bed Bath & Beyond and some Party City customers are facing deadlines for when stores will be closed for good. All Bed Bath & Beyond stores will be shuttered by the end of June.

Best Buy has made a string of store-level job cuts over the past two years as competition from online retailers has continued to erode sales in its physical stores.

Walmart is reimagining it's stores with updated technology, interactive design, and a better customer experience.

Lowe's CEO Marvin Ellison said that physical stores are the "biggest central competitive advantage" that retail companies can have in today's environment.

Victoria’s Secret brand CEO Amy Hauk will resign after just eight months running the lingerie giant.

Global supply-chain delays are so severe that some of the biggest U.S. retailers have resorted to an extreme—and expensive—tactic to try to stock shelves this holiday season: They are chartering their own cargo ships to import goods.

Thanks to the pandemic, a surprising number of consumers are once again devouring books — in print — and Barnes & Noble is cashing in.

California state lawmakers are grappling with a particularly 21st-century problem: What to do with the growing number of shopping malls and big box retail stores left empty by consumers shifting their purchases to the web.

After a year of being stuck in sweatpants, pajamas and fuzzy slippers, Americans are starting to dress up and go out again.

Bath & Body Works made headlines this week for a slugfest caught on camera between a customer and store employees. While the video has gone viral, the attention it has received overshadows the enduring appeal of the store itself – even as shopping malls are dwindling across the U.S.  

Best Buy Co. notified workers this week that it was cutting some jobs at its big box stores, according to people familiar with the situation, as the retailer adapts to a world where more shopping happens online.

It appears that the retail apocalypse, further accelerated by the coronavirus pandemic, will continue in 2021.

NEST, a national integrated facilities management company, donated $70,000 to more than two dozen select charities to help bolster their services to the needy amidst the coronavirus pandemic. 

COVID-19 has flipped the interactive retail model upside-down.

Bath & Body Works posted a 55% jump in quarterly sales as the coronavirus fueled demand for soap and hand sanitizer, helping its parent company offset another quarter of declining sales at its Victoria’s Secret lingerie brand.

Shoppers are spending more than ever on videogames, and one of GameStop Corp.’s biggest investors says the struggling retailer should get a bigger piece of the pie.

The companies have agreed that Simon will pay $43 a share for Taubman under the new deal, they said Sunday. That is down from the original price of $52.50.