Major US retailers announced more than 7,300 store closures last year, up 57% from 2023, according to Coresight Research. That’s the highest annual number of closed stores since 2020, when the ...
These retail stores and restaurant chains might not be around next holiday season. See which chains filed for bankruptcy or ...
Patrons bid farewell to neighborhood haunts, chain eateries, mom-and-pop operations, longtime community staples and shuttered ...
We’ve seen one bankruptcy after another in a particularly brutal year for the retail business. We kept it very demure this ...
Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The ...
Retailers in PA that announced store shutterings this year include Party City, Big Lots, Macy's and others. Get the details ...
In ‘a very difficult business,’ retail store closings typically signal more about an individual company than the industry ...
The economy appears to be plugging right along, but there are some foul currents running under the surface as major retailers ...
Not rest and relaxation. But retail and restaurants.
The store closures are driven by cautious consumer spending due to inflation, higher interest rates and crushing levels of ...