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

Retail Bankruptcies Fuel The Overstored Debate
Retail Bankruptcies Fuel The Overstored Debate
February 24, 2020  |  Retail

Another bankruptcy; another week of trying to sort out the problems at retail. With news that Pier 1 Imports has filed for Chapter 11 bankruptcy,...

READ MORE >
Big Fizzle: The Incredible Shrinking Mall-Based Retailer
Big Fizzle: The Incredible Shrinking Mall-Based Retailer
February 07, 2020  |  Sizzle/Fizzle

Welcome, perhaps, to the mauling of the Great American Mall. The rise of eCommerce has been an inexorable one, and the retail landscape has shifted...

READ MORE >
Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept
Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept
February 07, 2020  |  Retail

Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven, in...

READ MORE >
Macy’s Woes Add To Tough Week For Malls
Macy’s Woes Add To Tough Week For Malls
February 05, 2020  |  Retail

It’s been a tough week for malls. First, mall tenant Forever 21 was bought out by its landlords. Then, Sephora launched one of the most...

READ MORE >
Coronavirus Hits Food Delivery, Ridesharing In China
Coronavirus Hits Food Delivery, Ridesharing In China
February 03, 2020  |  International

As cases of the coronavirus swell in China, on-demand apps are seeing disruption in the country in lieu of benefiting from a homebound population. Food...

READ MORE >
Retail CFOs Tighten Purse Strings Over Physical Store Uncertainty
Retail CFOs Tighten Purse Strings Over Physical Store Uncertainty
January 28, 2020  |  Retail

Retail chief financial officers (CFOs) are in for a bumpy road ahead, sitting in the eye of a storm with the presidential election, global trade...

READ MORE >
1200+ Retail Store Closings Announced So Far In 2020
1200+ Retail Store Closings Announced So Far In 2020
January 27, 2020  |  Retail

The new year has not been kind to retail stores around the country, as the trend of accelerating store closings continues, according to a report...

READ MORE >
Retail Pulse: Shipt Teams With Office Depot; Express To Close Brick-and-Mortar Stores
Retail Pulse: Shipt Teams With Office Depot; Express To Close Brick-and-Mortar Stores
January 24, 2020  |  Retail

On-demand delivery services are expanding their offerings beyond takeout from restaurants or groceries from supermarkets to carry additional categories of merchandise. Shipt, in one case,...

READ MORE >
Express To Shutter 100 Stores To Save $80M Per Year
Express To Shutter 100 Stores To Save $80M Per Year
January 23, 2020  |  Retail

By closing 100 stores in the next two years, Express aims to save around $80 million annually over the next three years, as reported by...

READ MORE >