How many foreign brands are still operating in Russia: spoiler: more than you thought

The consulting company NF Group (ex-Knight Frank Russia) has calculated the number of international brands operating in Russia. The study included 152 foreign retailers that continued to operate as part of shopping centers in 2022, according to CRE. The leaders in terms of the number of brands represented in Russia are…

Aldi, Trader Joe's, Target or Walmart: where the basic groceries are cheaper

According to the Bureau of Labor Statistics, inflation continues to push up the cost of food. Grocery prices in March were 10% higher than the same month in 2021. Grow decided to check the cost of a basket of 13 staples in the suburbs…

JC Penney closes hundreds of stores in the US due to bankruptcy

Representatives of JC Penney said they plan to close almost 29% of stores - or 242 outlets - as part of their bankruptcy, USA Today writes. Days after filing for bankruptcy, JC Penney officials said they planned to close more...

Forever 21 retail chain says bankruptcy and closure of stores around the world

California-based retailer Forever 21, which helped popularize fast fashion in the United States, said it is filing for bankruptcy and closing hundreds of stores around the world. The reason is the expansion of shopping centers and the changing tastes of young consumers. The privately held family-owned company said it would stop...

Retail Apocalypse: Which Networks Close Stores and Bankruptcy

Some of the most prominent US retailers have filed store closings or bankruptcy in recent months amid falling sales. The rise in the number and popularity of e-commerce stores such as Amazon made it difficult for traditional retailers to attract shoppers to stores and forced companies to change ...

Trader Joe's 9 Secrets

Trader Joe's is a supermarket chain known for its quirky culture and delicious food. Healthy Way has collected 9 secrets that you did not know exactly about these stores. 1. Where did the name Trader Joe's come from? The first store of the chain was founded by Joe ...

Bed Bath & Beyond plans to close at least 40 stores

Bed Bath & Beyond plans to close at least 40 stores and open 15 new stores in 2019, writes USA Today. The company operates such brands as Buy Buy Baby, Harmon Face Values ​​and World Market. The retailer recently announced financial ...

Apocalypse is coming: retailers will close more 6 100 stores in 2019 year

In 2019, the trend of store closings will continue. More than 6 stores are expected to close this year, Business Insider writes. According to the estimates of the commercial real estate company CoStar Group, in 100 retailers closed a record 2017 million square meters, in 31 - more ...

Another US retail chain closes stores on the verge of bankruptcy

Mattress Firm, an American retailer and mattress store chain, is having a hard time. The firm, which has 3300 stores nationwide, filed for bankruptcy on Friday and plans to close about 700 of its most underperforming outlets. The procedure will allow the company to pay off ...

The largest chains to close stores in 2018

The new year could be another challenging year for traditional retailers. After more than five thousand stores closed in 2017, data has emerged on the stores that will close in 2018. “If you received a gift card from one of the stores listed below, please spend it...

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