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

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

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

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 ...

US department store chain Nordstrom is to become a private company after members of the Nordstrom family reached a deal with ...

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

Macy’s is closing 65 stores in fiscal year 2024 alone, according to the company’s latest quarterly earnings report. The ...

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 deal will give the Nordstrom family majority ownership and a chance to strengthen the company’s fortunes without having ...