May 14, 2024
“Target is planning to cut LGBTQ-themed merchandise from some of its stores during Pride Month this June, Bloomberg News reported on Thursday, after a backlash hit sales of the retailer last year… Target is likely to stock the products in about half… Continue Reading…
April 23, 2024
“Longtime mall retailer Express filed for Chapter 11 bankruptcy protection in Delaware federal court on Monday, but a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it. Express, whose portfolio includes its… Continue Reading…
March 15, 2024
“Inflation, store theft and merger indigestion are sapping results at the discount retailer” https://www.wsj.com/business/retail/dollar-tree-books-more-than-2-billion-in-charges-plans-to-close-about-600-stores-in-first-half-47ae9b94 Articles is behind a paywall. Store theft is the major one here. This article is behind a pay wall but most major cities are run horribly.… Continue Reading…
February 29, 2024
“…First, Macy’s will have to downsize. The company is closing 150 underperforming stores — 50 by the end of 2024 and the other 100 over the next few years. By 2026, it will have just 350 Macy’s stores, the company… Continue Reading…
April 10, 2023
“Walmart announced Thursday it plans to add electric vehicle charging stations to thousands of U.S. stores by 2030. The company announced it would expand its EV fast-charging network to Walmart and Sam’s Club locations across the country, adding to the… Continue Reading…
August 12, 2020
“The off-price chain Stein Mart announced Wednesday it has filed for Chapter 11 bankruptcy protection and plans to permanently close most, if not all, of its stores, adding to the turmoil in a retail industry that has been hammered by the coronavirus pandemic. … Continue Reading…
Recent Comments