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May 12, 2023 · Nordstrom, Whole Foods and other big chains have closed stores in major US cities recently, raising alarm about the future of retail in some the country’s most prominent downtowns.
May 15, 2024 · One of the main reasons we’re seeing so many stores shut down in 2024 is because of the challenging economic times and rising prices. With essential goods getting pricier and government benefits shrinking, it’s hitting lower-income folks hard—and its affecting how they spend their money.
Aug 13, 2019 · The retail landscape is shifting quickly. Why are stores closing, and how can companies large and small stay relevant?
Dec 29, 2023 · The reasons for this year's more than 4,600 store closures are varied, ranging from the bankruptcy of a major retail chain to some operators closing underperforming...
Jan 30, 2024 · Cegieliski says the far greater declines in fashion, home and department store retailers is because they specialize in highly discretionary categories that benefit from in-person discovery and...
Nov 6, 2023 · Many mall retailers are drowning in debt as the pandemic forced them to close their doors for months – or forever. More than 12,000 retail stores permanently closed in 2020, according to the National League of Cities. By April 2021, the number of small businesses that were open was down by more than 33% from January 2020.
May 28, 2024 · The party supplies retailer announced plans to close 35 stores after filing for Chapter 11 bankruptcy protection. Some 22 stores were shut in February, with nine more closed in April, and a...
