High street chains including WHSmith and The Entertainer are shutting more stores next year. An estimated 8,543 retail stores in the UK closed throughout 2024, according to the Centre for Retail ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fragrance brand Jo Malone London is planning to open at least a dozen new stores as it bets on customers ...
FILE-Shoppers outside the Macy's flagship store in the Herald Square neighborhood in New York City on Thursday, Aug. 29, 2024. (Jeenah Moon/Bloomberg via Getty Images) ...
Thousands of retailers have announced closures across the U.S. in 2024, with a 69 percent surge on the number of shuttered stores in 2023. Numerous major retailers have announced store closures in ...
Giant retailer Big Lots has announced it will shut down its stores and is preparing to hold going-out-of-business sales at all remaining locations in the coming days. It had filed for bankruptcy ...
Homebase went into administration last month (Photo by Vuk Valcic/SOPA Images/LightRocket via Getty Images) The new owners of Homebase plan to transform retailer’s stores earmarked for closure.
Macy’s is expected to close 65 locations by the end of 2024. In February,Macy’s announced plans to close approximately 150 "underproductive" U.S. stores through 2026, including 50 locations ...
Major retailers are closing stores starting next year amid a changing industry and consumers spending habits shifting. These store chains will close multiple locations across the country in 2025, and ...
Editor's note: Some Party City locations have since announced plans to stay open. Read more here. New Jersey-based Party City is going out of business after the retailer filed for Chapter 11 ...