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 ...

Most Americans have favorite stores that they want to visit again and again. Unfortunately, some of them may soon close for good. Retailers can't compete with e-commerce and this is painful not only for business owners and employees, but ...

The staggering speed of store closings that have rocked U.S. retail over the past couple of years will continue into 2019. According to CoStar Group estimates, retailers closed a record 102 million square feet of retail space in 2017 and then broke that record in ...

Massive closings of large retailers continue. Payless ShoeSource, Gymboree and Charlotte Russe recently announced they are going out of business, with another major retailer joining them in 2019. Shopko, the Wisconsin-headquartered discounter, will close all of its 350 stores. ...

Retailer JC Penney has announced it will close another 24 stores in the US this year in an effort to offset losses from declining sales. The retailer will close 15 of its main stores and 9 home and furniture stores, in addition to ...

Major retailers are closing their stores in New York in record numbers. For the first time in 11 years, world-renowned chains such as Subway, Aerosoles, Au Bon Pain and a host of others are closing more stores in New York than they open for the first time in XNUMX years, according to a new report.

Store closures are not necessarily a bad thing. Losing an outlet may cause short-term problems for a company and loss of revenue, but store closures are also a pragmatic way for retailers to survive in an ever-changing retail world. Although sometimes stores close...

Sears Holdings announced the closure of 40 more stores in the United States as it tries to cope with financial difficulties and bankruptcy. 29 Sears stores and 11 Kmart stores are subject to closure, USA Today writes. The retail chain has already closed about 188 stores: in October...

This year has been financially difficult for some retailers, particularly in the toy, electronics and clothing sectors, whose customers are increasingly being snatched away by online retailers. While some companies are thriving during the retail apocalypse, others are unable to...

Renowned retailer Sears has announced plans to close 46 more of its US stores. The outlets Sears and Kmart are to be closed, writes CNN. In 2018, the company, trying to cope with economic losses, has already closed more than 100 stores, including ...