Sears filed a lawsuit against its former CEO Eddie Lampert, Treasury's Mnuchin, and others for allegedly stealing billions from the retailer. » Read More
By: Lauren Thomas
Already this year more store closures — nearly 6,000 — have been announced than in all of 2018. » Read More |
By: Tyler Clifford
The discount retailer plans to soon expand to 25 states, while its store count currently stands at 318 with four more in the pipeline, Ollie's CEO Mark Butler says. » Read More |
By: Lauren Thomas
Your local, shuttered Sears or Kmart store could soon turn into a grocery store, according to one investment group. » Read More |
Macy's is adding 1,500-square-foot Story shops to 36 of its stores across the country, including its Herald Square flagship.
Clothing retailers, consumer electronics companies and home furnishing businesses will need to close more stores as e-commerce sales proliferate, UBS says.
Teens are favoring Lululemon, Ulta, Amazon and Vans, and fast-food chains like Chick-fil-A and Chipotle, according to a Piper Jaffray survey.
Rent at Barneys' flagship on Madison Avenue jumped from roughly $16 million to approximately $30 million in January, nearly wiping out its earnings before interest, tax, depreciation and amortization, people familiar with the transaction said.
Sears will open three Home & Life stores in May, in Anchorage, Alaska; Layette, Louisiana; and Overland Park, Kansas.
Levi Strauss is expected to begin trading on Thursday. The move comes as its next closest U.S. competitors, VF Corp and Gap Inc., plan corporate shake-ups of their own and customers shift their shopping habits.
A glitzy 1 million square feet of retail space opens at the Hudson Yards development in New York on Friday, promising to offer city dwellers and tourists alike a shopping experience unlike your traditional neighborhood mall.
Shipments from China are including an ever-increasing number of counterfeit items, according to Frank Russo, the port director for Customs and Border Protection at John F. Kennedy International Airport.
Payless ShoeSource, Tesla, Gap, Victoria's Secret and Family Dollar are just a few of the companies that have said this year they plan to close stores.
4,810 store closures have been announced by retailers so far this year, according to Coresight Research.
Sears is back into court, less than one month after emerging from bankruptcy protection.
A recent wave of store closure announcements will hit shopping malls across the U.S.
J.C. Penney says it will shutter 27 stores this year. But the company says to expect more closures in 2020 and beyond would be 'a fair read.'
J.C. Penney on Thursday reported earnings and sales for the holiday quarter that topped analysts' lowered expectations, as the company said it was successful in reducing a glut of unsold inventory in 2018.
Macy's can't ignore the state of retail today. Shoppers are increasingly ringing up purchases online, and fewer are flocking to shopping malls on the weekends to browse for handbags and clothes. Here's where it will invest to grow its business.
Macy's announces a restructuring plan that it said should help it generate annual cost savings of $100 million.
Data also provided by 
