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Up to 10,000 retail stores in the US are predicted to close this year, according to new research

The retail store outlook is bleak for the US and UK, according to Coresight Research. Apparel stores suffered most in the US in 2020. Paul Hennessy/SOPA Images/LightRocket via Getty Images A Coresight Research report predicts a 14% i.....»»

Category: topSource: businessinsiderJan 28th, 2021

Roots to permanently close locations in Georgetown, Pentagon City

Toronto clothing retailer Roots Corp. said Wednesday it will close both its stores in Greater Washington. The closure of outposts in Georgetown and at the Fashion Centre at Pentagon City come as part of the liquidation of the apparel company’s U.S. .....»»

Category: topSource: bizjournalsApr 30th, 2020

Vans parent VF Corp. North American retail stores to close until May 3, draws down remaining $1 billion credit

VF Corp. said Tuesday that it will close all stores and offices in North America until May 3, as well as those across Europe, Africa and the Middle East. Most o.....»»

Category: topSource: marketwatchApr 7th, 2020

Signet to close all North American stores temporarily over coronavirus

Signet Jewelers Ltd. said Monday it is temporarily closing all its stores in North America as it works to combat the spre.....»»

Category: topSource: marketwatchMar 23rd, 2020

Coronavirus: Genesco temporarily closing stores

After initially reducing store hours, Genesco is taking further measures to prevent the spread of COVID-19. Genesco announced Wednesday that its North American stores would temporarily close through March 28. The company’s North American e-comm.....»»

Category: topSource: bizjournalsMar 19th, 2020

Genesco to temporarily close North American stores, withdraws guidance

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 18th, 2020

Johnston & Murphy store parent Genesco to close stores, withdraws guidance

Genesco Inc. said Wednesday that it will close its North American stores through March 28, citin.....»»

Category: topSource: marketwatchMar 18th, 2020

American Eagle Outfitters temporarily closing stores due to coronavirus, withdraws guidance

American Eagle Outfitters Inc. said Tuesday that it will shutter stores after the close of business on March 17 through at least March 27. All store associates will receive their wag.....»»

Category: topSource: marketwatchMar 17th, 2020

Nordstrom to close stores in U.S., Canada, withdraws 2020 outlook due to coronavirus

Apparel retailer Nordstrom Inc on Monday withdrew its fiscal 2020 forecast and said it would close stores in the United States and Canada for two weeks due to the coronavirus pandemic......»»

Category: topSource: reutersMar 16th, 2020

Papyrus greeting card stores to close, including one here

The parent company of American Greetings and Carlton Cards has announced plans to close all 254 of its Papyrus card and stationery stores over the next two months, including one in Orlando. Schurman Retail Group CEO Dominique Schurman told employe.....»»

Category: topSource: bizjournalsJan 22nd, 2020

Papyrus greeting card stores closing

The parent company of American Greetings and Carlton Cards has announced plans to close all 254 of its Papyrus card and stationery stores over the next two months. Schurman Retail Group CEO Dominique Schurman told employees in a letter that the com.....»»

Category: topSource: bizjournalsJan 22nd, 2020

Express" stock surges after unveiling new "profitable growth" strategy, to close 100 stores in 2 years

Shares of Express Inc. surged 4.1% in premarket trading Wednesday, after the apparel retailer unveiled a new corporate strategy aimed at profitable growth, narrowed its fiscal fourth-quarter profit outlook and said .....»»

Category: topSource: marketwatchJan 22nd, 2020

Bose to close all North American stores, including 5 in Bay Area

Bose Corp. will close all of its 119 retail stores in North America, Europe, Japan and Australia “over the next several months” as the consumer electronics company handles “the dramatic shift to online shopping in specific markets,” the company.....»»

Category: topSource: bizjournalsJan 16th, 2020

Bose to close all North American stores, including 5 in Bay Area

Bose Corp. will close all of its 119 retail stores in North America, Europe, Japan and Australia “over the next several months” as the consumer electronics company handles “the dramatic shift to online shopping in specific markets,” the company.....»»

Category: topSource: bizjournalsJan 16th, 2020

Bose to close all North American stores, including in King of Prussia

Bose Corp. will close all of its 119 retail stores in North America, Europe, Japan and Australia “over the next several months” as the consumer electronics company handles “the dramatic shift to online shopping in specific markets,” the company.....»»

Category: topSource: bizjournalsJan 16th, 2020

Ralph Lauren jumps on brisk sales despite Hong Kong protests

Ralph Lauren Corp. rose after the apparel maker reported same-stores sales growth across its three regions—including in the key North American market. The company sees ongoing unrest in Hong Kong... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Destination Maternity to close 183 stores in Chapter 11 bankruptcy

Destination Maternity filed for Chapter 11 bankruptcy protection Monday as the apparel company hopes to avoid the graveyard of.....»»

Category: topSource: usatodayOct 21st, 2019

Forever 21 bankruptcy could be really bad news for mall owners

Forever 21 on Sunday night announced it was filing for Chapter 11 bankruptcy, planning to close nearly 200 locations across the U.S. The apparel retailer has 815 stores globally......»»

Category: topSource: moneycentralSep 30th, 2019

US Retailers Close 7000 Stores in First Half of 2019

As multiple American retailers announce the shuttering of stores by the hundreds, it is hard to keep track of exactly how horrible the carnage has become......»»

Category: blogSource: 247wallstSep 12th, 2019

Video: Shutdown Worries as Sears Decides to Close 40 More Stores

Online retailers are on the verge of dethroning another American staple. Sears has not only decided to close a number of its stores, but the closures have also created a 175,000-employee layoff with more job loss on the way......»»

Category: topSource: moneycentralMay 22nd, 2018