Chico"s FAS to close 250 stores in U.S. over 3-year period

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Seph Lawless More than 6,400 stores are expected to close in 2019. Fred's is closing 104 stores, in addition to the 159 closings it announced earlier this year. Charlotte Russe, Family Dollar, and Chico's recently annou.....»»

Bucking the trend that saw several fashion retailers go bankrupt or close their doors after the pandemic shut them down, fast-fashion and special occasion wear retailer Windsor Fashions LLC opened 10 stores last year and plans to increase its fo.....»»

Discount retailer Burlington Stores Inc. said Thursday it had net income of $155.9 million, or $2.33 a share, in the fourth quarter, down from $206.3 million, or $3.08 a share, in the year-earlier period. Adjusted per-share earnings came.....»»

Chico's FAS Inc. stock sank 6.....»»

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.....»»

Macy's store closures are part of its plan to close one-fifth of its stores by 2023. Reuters Macy's told employees at 45 stores that the locations would close this year, accordi.....»»

A total of 81 workers will be affected by the Maryland store closure......»»

The closures are part of a plan announced last year, before the pandemic, to close 125 stores over the next three years......»»

The company did not give forecasts for the fiscal year through March 2021.....»»

Swedish fashion retailer H&M said on Thursday its sales tumbled 57% from a year ago in local currencies during the March 1 to May 6 period as the novel coronavirus pandemic and restrictions to curb it kept most of its stores closed......»»

Business Insider/Jessica Tyler Lord & Taylor is reportedly preparing to liquidate its stores as soon as they reopen, Reuters reports. The nearly 200-year-old d.....»»

Five Below (NASDAQ: FIVE) reported fourth-quarter earnings of $1.96 per share on Wednesday, which beat the analyst consensus estimate of $1.94 by 1.03%. This is a 24.05% increase over earnings of $1.58 per share from the same period last year. read more.....»»

Many of these companies — which include Everlane, Patagonia, and Apple — have confirmed they will pay employees for lost shifts during this period......»»

Many of these companies — which include Everlane, Patagonia, and Apple — have confirmed they will pay employees for lost shifts during this period......»»

Ralph Lauren Corp. said Tuesday that it will close stores across North America from March 18 through April 1. A number of stores in Europe and Asia are already closed due to the pandemic. Chico's FAS Inc. will also close stores ac.....»»

ESBP/STAR MAX/IPx Victoria's Secret has closed eight stores in Canada so far in 2020. A spokesperson said it has plans to close up to two more locations in the country.  The spokesperson added that these closures were related.....»»

Papa John's International Inc. said Wednesday the coronavirus that broke out in Wuhan, China late last year and has now sickened more than 80,000 people has forced it to close about 50 franchi.....»»

One of the nation’s top retailers will close one of its Phoenix stores later this year. Costco Wholesale Corp. (Nasdaq: COST) did not renew its lease for its store at the Christown Spectrum and will shutter the location at 1646 W. Montebello Ave......»»

With over 9,000 stores closed in the United States last year, the chance that a major retailer will die has escalated sharply. It will be worse this year than in 2019......»»