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Kohl"s to close stores, offer voluntary retirement program to workers
Kohl's Corp. plans to close four "lower performing" stores this year, close one of its customer-service centers, and offer a .....»»
Potbelly warns it could close 100 stores as COVID-19 causes sales drop
The Chicago-based sandwich chain, which had been in the midst of a tur.....»»
Sales drop at Vuitton owner LVMH as virus forces store closures
Louis Vuitton owner LVMH on Thursday posted a 17% drop in comparable sales in the first quarter due to the coronavirus pandemic, as government-imposed lockdowns in Europe forced it to close stores and production sites......»»
Macy"s holiday season sales fall less than feared, to close 29 stores
Macy's Inc reported a small decline in holiday same-store sales on Wednesday, surprising investors who were bracing for a sharper drop following an earlier profit warning......»»
Fred’s is closing these 104 additional stores, with liquidation sales starting today
Fred’s Inc. said Thursday it will close another 104 stores by the end of June, with liquidation sales beginning immediately, as the discount retailer continues its restructuring efforts......»»
Sears Closing More Stores as Sales Continue Shrinking
Sears Holdings said it plans to close another 72 stores it has deemed unprofitable, as the company continues to struggle with falling sales......»»
Sears, Kmart parent company to close another 72 stores as sales crisis continues
Sears Holdings plans to close 72 more money-losing stores as the department-store chain tries to stem the bleeding from it.....»»
Sears, Kmart parent company to close another 72 stores as sales crisis continues - USA TODAY
USA TODAYSears, Kmart parent company to close another 72 stores as sales crisis continuesUSA TODAYSears Holdings plans to close another 72 money-losing stores as the department-store chain tries to stem the bleeding from it.....»»
Sears Will Close 72 More Stores After Another Terrible Quarter
Revenue fell due to fewer stores and a 12% drop in comparable-store sales. Sears Holdings Corp. shld kicked off another fiscal year with declining sales from a dwindling number of stores, and more clos.....»»
Sears Is Closing More Stores as Sales Continue Shrinking
Sears Holdings said it plans to close another 72 stores it has deemed unprofitable, as the company continues to struggle with falling sales......»»
Sears, Kmart parent company to close another 63 stores as sales crisis continues
Sears Holdings plans to close 63 more money-losing stores as the department-store chain tries to stem the bleeding from it.....»»
Sears Closing More Stores as Sales Shrink for 26th Straight Quarter - Wall Street Journal
Wall Street JournalSears Closing More Stores as Sales Shrink for 26th Straight QuarterWall Street JournalSears Holdings Corp. SHLD -12.46% said Thursday it plans to close more than 60 stores it has deemed unprofitable, as the retailer continues to.....»»
Starbucks shares drop on weak sales forecast, plans to close more than 150 stores next year - CNBC
CNBCStarbucks shares drop on weak sales forecast, plans to close more than 150 stores next yearCNBCShares of Starbucks sank Tuesday after the coffee chain lowered its third-quarter sales forecast and said it would scale back store growth. The compa.....»»
Sears Reports Widening Losses and Tumbling Sales
Sears Holdings Corp. is limping into the critical holiday season, after the struggling company reported its quarterly sales fell 26% and it continues to close dozens of stores......»»
J.C. Penney to close 24 more stores: Sales fall as department stores struggle
J.C. Penney plans to close 15 additional full-line stores and nine home-and-furniture locations as the retailer struggles .....»»
J.C. Penney to close more stores as sales deteriorate
J.C. Penney is closing more stores after a weak holiday sales season. .....»»
J.C. Penney to close more stores as sales deteriorate
J.C. Penney is closing more stores after a weak holiday sales season. .....»»
Penney and Monster rise while Celgene and Box slide
Stocks that moved substantially or traded heavily on Thursday: J.C. Penney Co., up 28 cents to $1.52 The department store reported weak holiday sales results and will close more stores, but the results still beat Wall Street forecasts......»»
J.C. Penney Stock Is Soaring Because It"s Not All Bad News
The retailer plans to close 27 more stores and be free cash flow positive for the year as its turnaround continues......»»
DSW eyes closing 65 stores and a 2021 rebound
DSW says it will grow by reining things in. Parent Designer Brands Inc. (NYSE:DBI) laid out a path forward for the shoe store chain, which is reeling from a 36% drop in net sales in 2020 as the pandemic put a halt to in-store shopping. DSW s.....»»