Legendary auto retailer Knecht's Auto Parts will close all of its Oregon stores after more than 75 years in business. Hurry up to take advantage of the advantageous offer, according to Sun. Knecht's, which sells a range of auto parts from engines to tires, is due to close completely on May 31, the company is operating…

American chain retailer Toys R Us, which specializes in the sale of toys and products for children, plans to close 200 more stores and lay off a significant portion of its staff after a disappointing holiday sales season, writes the Wall Street Journal. Sources of the publication say that the discussion about the closure ...

Retailer Target has released a list of stores that will close indefinitely. The chain said 12 stores will be open during the holidays, but will close their doors to visitors on February 3. There are two Target stores in Minneson to close, and two more in Illinois ...

More retailers are reporting plans to close a number of stores. Credit Suisse estimates that US retail stores are planning to close more than 800 branches this year. This is more than in 2008 at the height of the financial crisis. Some…

Renowned couturier Ralph Lauren, founder of the Polo brand, is losing young shoppers who call his clothes "slightly old-fashioned." Ralph Lauren has been selling fashionable clothes all over the world for half a century, entering the list of world fashion flagships, but now, when the designer is 77 years old, his ...