etailers are bracing for a fresh wave of store closings in 2018 that is expected to eclipse the rash of closings that rocked the industry last year. “Landlords are panicking,” …
It’s a hard time for retailers. Though several companies held on by experimenting with new strategies and investing in technology, others weren’t so lucky. The rise of e-commerce, increased competition from direct-to-consumer …
In 2017, Western luxury brands embarked on a migration in an eastern direction. To drive revenue, they had to more aggressively tap into the one region that has showed consistent sales growth, …
Whenever the name Enron or Northern Rock is mentioned, it’s tough not to look back and think in hindsight how obvious the signs were. But of course, only a brave …
As Amazon.com looks to upend the U.S. grocery market with home delivery, some veteran supermarket operators are betting on a different strategy: curbside pickup. Americans have long loved the convenience …
In the wake of quarterly sales falling 12% and ongoing financial loss, struggling retailer J.Crew will be closing its twenty one year old SoHo flagship in NY. Business Insider has …
Unibail-Rodamco SE, Europe’s largest commercial landlord, agreed to buy Australia’s Westfield Corp. for about A$21 billion ($15.8 billion) in the biggest property acquisition since 2013 as declining store sales push …
To fend off e-commerce competition, stores are trying harder to create better customer experiences, but a new study shows many miss what’s most important to consumers. Reputation.com says that Lego, …
Nestle is buying Canadian vitamin maker Atrium Innovations for $2.3 billion, expanding its presence in consumer healthcare as it seeks to offset weakness in packaged foods. The world’s largest packaged …
Toys “R” Us Inc. plans to shut at least 26 U.K. stores as the retailer goes through bankruptcy proceedings in the U.S. The closures, starting in spring 2018, will pare rents on warehouse-size …