Store Closures

Forever 21, GameStop, Gap, Toys R Us, Dressbarn, A&F, Walgreens, J.C. Penney, Office Depot and even Walmart are closing stores in 2019.

Source: pymnts-com-develop.go-vip.net

Retailers Consider Store Closures Amid The Digital Shift
Retailers Consider Store Closures Amid The Digital Shift
June 15, 2020  |  Today In Data

The pandemic’s harsh impacts on retail continue to show themselves as brands report plummeting quarterly earnings and eye additional store closings. Inditex revealed what could be a...

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Retail Reconsidered: More Brands Turn Critical Eye Toward Offline Locations
Retail Reconsidered: More Brands Turn Critical Eye Toward Offline Locations
June 12, 2020  |  Retail

The harsh realities of the pandemic’s effect on retail continued to show themselves late this week as more high-profile brands reported plunging quarterly earnings and...

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Zara And Sam’s Club Lead Dramatic Day For Digital Shift
Zara And Sam’s Club Lead Dramatic Day For Digital Shift
June 11, 2020  |  Retail

The digital shift continued to show its dramatic potential to change retailing today, as three companies announced major changes to their business models. No less...

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Predictions For Retail Footprints And Gift Cards Amid The Pandemic 
Predictions For Retail Footprints And Gift Cards Amid The Pandemic 
June 11, 2020  |  Today In Data

A retail apocalypse could turn into a retail Armageddon, with tens of thousands of storefronts projected to close by 2020’s end, but the prediction is spurring alternate...

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Retail ‘Armageddon’ Predictions Spur Alternative Scenarios
Retail ‘Armageddon’ Predictions Spur Alternative Scenarios
June 10, 2020  |  Retail

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released...

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25K Store Closures Forecast Amid Pandemic
25K Store Closures Forecast Amid Pandemic
June 09, 2020  |  Retail

As many as 25,000 stores could close by year’s end, most of them in malls, as part of the fallout from COVID-19, a new survey reveals....

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Brooks Brothers Readies For Bankruptcy
Brooks Brothers Readies For Bankruptcy
June 05, 2020  |  Retail

Brooks Brothers is in talks with banks about securing cash for a potential bankruptcy that could come within weeks, as COVID-19 has crushed sales for...

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JCPenney To Shutter 154 Stores, Start Closing Sales
JCPenney To Shutter 154 Stores, Start Closing Sales
June 05, 2020  |  Retail

JCPenney has identified the first round of 154 retail location closures, after an assessment of its store footprint and evaluation of “future strategic fit” as...

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Pier 1 Imports Receives Approval To Wind Down Business
Pier 1 Imports Receives Approval To Wind Down Business
June 01, 2020  |  Retail

With its store closing sales set to start after retail locations can safely open again, Pier 1 Imports, Inc. said it has received the green...

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