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 ...

The department store chain did not specify which store locations would be closing. A Walgreens in Wilmington was among the ...

It's been a rough year for many retailers, with dozens closing locations and a handful declaring bankruptcy and fully going ...

The oldest grocery store chain in America got its start in 1883 when its founder opened up his first grocery store in ...

The Nordstroms built their empire from a single shoe store in Seattle to one of the biggest names in fashion retail.

The store closures are driven by cautious consumer spending due to inflation, higher interest rates and crushing levels of ...

Nearly five years after filing for bankruptcy protection and shuttering its brick-and-mortar locations in 2021, the beloved department store has announced plans to relaunch as an online retailer in ...

The founding family is betting that the century-old retail chain will be more successful without the scrutiny and demands of ...

NEW YORK — Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and ...

Following the close of the transaction, the Nordstrom family will have a majority ownership stake in the company.

The department store chain did not specify which store ... but did not specify specific locations. In October, the chain told USA Today it was laying off approximately 2,900 employees across ...

Other department-store chains in the US have also struggled as shoppers pivot to online competitors such as Amazon.com Inc., or brand-specific stores such as Louis Vuitton. Executives at Macy’s ...