closing

Fred’s Will Close 129 More Stores, Hold Liquidation Sales

Fred’s, a Memphis-based discount merchandise retailer, will shutter an additional 129 underperforming stores in its fourth round of closings as the company…

Fred’s Shutters 49 Stores In Third Round Of Closings

Fred’s, a Memphis-based discount chain, will close an additional 49 underperforming stores in its third round of closings as it continues to…

Payless Will Close All Company-Owned Locations Amid Bankruptcy Filling

Paylesswill shutter all 2,100 company-owned stores in the U.S. and Puerto Rico, according to the Associated Press. The retailer also will wind…

Why Did Shoes.com Lose Its Footing?

Canadian e-Commerce retailer Shoes.com abruptly shut down all three of its online brands — SHOES.com, OnlineShoes.com and ShoeME.ca — as well as…

Macy’s Closing 68 Stores And Cutting 10,000 Jobs

After a disappointing holiday season, Macy’s has identified 68 locations it will be closing and announced the likely elimination of more than…

Sears And Kmart Closing 30 Stores In Early 2017

It’s no secret 2016 was no picnic for the retail industry. And for Sears, the new year is shaping up to be…

Gap Closes Additional Stores In Wake Of Weak Q3

Struggling apparel retailer Gap said it would close as many as 65 company-operated stores this year, compared with its previous forecast of…

Nordstrom Integrates Trunk Club’s Operations, Closes Dedicated Fulfillment Center

Nordstrom’s Trunk Club business seems to be bursting at the seams. Due to significant growth since the retailer first acquired the personal…

Walmart To Close ‘Unprecedented’ 269 Stores Worldwide In 2016

Walmart announced plans to shutter 269 stores across the globe this year, including all 102 of its small-format Express stores, in an…

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