The US retail market took a beating in 2024, with year-end figures showing an alarming spike in store closures across the ...
According to research, more than 7,300 stores closed in 2024. It's the highest annual number of stores closed since 2020 when ...
Retailers in the U.S. faced a challenging year in 2024. By year-end, the sector will have recorded 7,327 store closures, a 57 ...
Fashion retailer New Look is preparing to accelerate store closures as a result of Labour’s tax-raising budget, while ...
The economy appears to be plugging right along, but there are some foul currents running under the surface as major retailers ...
As GameStop employees lose their jobs, the meme stock millionaire potentially sets his sights on a new stock to pump.
After a plan to sell to a private equity firm failed, president and CEO Bruce Thorn said in an email sent to employees that the forthcoming store closures could “be reversed if we successfully ...
The Centre for Retail Research has predicted that store closures will rise to around 17,350 in 2025, from 13,479 in 2024, as business rates take a toll on retailers.
With recent closures in the area, the shopping landscape is changing, and may look different going into next year. Byers is ...
Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The ...