One of the world's largest retailers, Costco Wholesale, announced on Wednesday, July 10, that starting September 1, it will increase annual membership fees for customers in the United States and Canada for the first time in 7 years, the New York Post reports. Costco Membership Offers...
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…
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…
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...
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...
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 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 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 ...
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 ...
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 ...