One strategy many retail and restaurant chains have been taking lately is closing locations that are not performing well.
From Le Bon Marché in Paris to Macy’s in New York, we delve into the history of the world’s most iconic department stores.
Kohl’s said Friday it was closing 27 underperforming locations in 15 states by April — a fraction of its 1,150 store base — ...
Big Lots said Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and intellectual property to retailers, including Variety Wholesalers ...
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 ...
The Telegraph revealed in 2023 that M&S had started a push to sell more high street brands alongside its own clothes both in stores and online, with plans to increase the number of third-party ...
Christmas week is finally here. Landing on Wednesday, Dec. 25 this year, a majority of retailers, grocers and most other stores will be closed in observance of the national holiday. Though the ...
To confirm store hours, use the accompanying store locator before heading out to ensure doors are open on Christmas Day when you arrive.
Macy’s, Walmart, and Starbucks are among the businesses closing some underperforming stores in certain cities in 2025. Companies are revamping their business operations, while trying to cut ...
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) Major retailers are closing ...
That sense of joy around Christmas." Now, as some high-end department stores close and others struggle to adapt to shoppers' changing habits, residents such as Jones are wondering: Are big holiday ...