Tagged With Retail Apocalypse

Insider Retail: Malls seek solutions for salvation, luxury goods are booming in China, and retail employees push back against being forced to return to corporate offices


Gap and Banana Republic are closing another 350 stores as retailers flee malls in the second wave of the retail apocalypse


Century 21 reveals the reason why it survived 9/11 but not the coronavirus pandemic



Nearly 60-year-old department store Century 21 filed for bankruptcy and plans to close all of its stores


JCPenney is being rescued by a tentative deal struck with its mall landlords


JCPenney could be bought by its lenders after talks with potential buyers stall due to 'egos' and 'negotiating postures,' lawyers say



More than 225 Gap and Banana Republic stores will close this year


Lord & Taylor is liquidating all of its stores, with going-out-of-business sales beginning today


Bed Bath & Beyond cuts 2,800 jobs as the retailer copes with declining sales and negative impacts of COVID-19


'You come to work, and you realise you have no job': Ruby Tuesday employees say the chain is shutting down restaurants without warning staff


Toys R Us partners with Amazon on its relaunched website 3 years after toy retailer blamed Amazon for putting it out of business


Estee Lauder is slashing up to 2,000 jobs and closing up to 15% of its stores globally



Lord & Taylor is permanently closing 24 of its locations after filing for bankruptcy. See if your local store is on the list.


TJ Maxx owner expects sales to drop upwards of 20% this quarter, as off-price retailers struggle to bring in shoppers and offload extra inventory


11 of the biggest bankruptcies so far in 2020 have been major retailers. Here's the full list.


Rent the Runway is permanently closing all of its physical stores as the company rethinks retail during the pandemic



Stein Mart announces it will close all 279 of its stores just one day after the off-price retailer filed for Chapter 11 bankruptcy


Owner of Aeropostale, Forever 21, Juicy Couture set to buy Brooks Brothers for $325 million


Stein Mart files for Chapter 11 bankruptcy and says all 281 of its stores could close


Ruby Tuesday has shut down more than one-third of its restaurants this year as the chain buckles under pandemic pressures and an ageing customer base