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These are the most over-the-top malls in the world

Malls in America may be dying, but they’re still major destinations in many places around the world. Oftentimes, these malls have attractions like movie theatres, ice-skating rinks, and amusement parks. Here’s what malls are like in cities like Singapore, Hong Kong, and Bangkok. Malls may be a dying breed in […]
These are the most over-the-top malls in the world
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Claire’s blames its bankruptcy on dying shopping malls

The jewellery chain Claire’s filed for bankruptcy on Monday. The company blamed plunging shopper traffic to malls for its decline. The company’s struggles are the latest sign that teens are eschewing malls and spending more money on food and technology than on clothing and accessories. The jewellery chain Claire’s, which […]
Claire’s blames its bankruptcy on dying shopping malls
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More than 6,400 stores are shutting down — here’s the full list

Retailers are closing thousands of stores following years of declines in sales and customer traffic. We compiled a list of the 6,403 closures that have been announced so far in 2017. Here’s the full list: Some retailers have released lists of which of their locations will be closing. To find […]
More than 6,400 stores are shutting down  —  here’s the full list
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More than 6,300 stores are shutting down — here’s the full list

Retailers are closing thousands of stores following years of declines in sales and customer traffic. We compiled a list of the 6,375 closures that have been announced so far in 2017. Here’s the full list: Some retailers have released lists of which of their locations will be closing. To find […]
More than 6,300 stores are shutting down  —  here’s the full list
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Gymboree is closing 350 stores — here’s the full list

Gymboree is closing hundreds of stores. The children’s clothing retailer Gymboree, which filed for Chapter 11 bankruptcy protection in June, has confirmed that it will be closing 350 of its 1,281 stores. The closures will affect two other chains that the company operates: Janie and Jack, which sells children’s designer […]
Gymboree is closing 350 stores  —  here’s the full list
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Another US retailer has filed for bankruptcy

The children’s clothing retailer Gymboree filed for Chapter 11 bankruptcy protection late Sunday. The mall-based chain says it plans to remain in business during its restructuring, but will close 375 to 450 stores out of its fleet of its 1,281 locations. The company employs more than 11,000 workers. Gymboree says […]
Another US retailer has filed for bankruptcy
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More than 5,000 stores are shutting down — here’s the full list

Retailers are closing thousands of stores following years of declines in sales and customer traffic. We compiled a list of the more than 3,200 closures that have been announced so far in 2017. Most of the closures are scheduled for first half of the year. Here’s the full list: Some […]
More than 5,000 stores are shutting down  —  here’s the full list
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Payless says it could close another 408 stores

Payless ShoeSource could close another 408 stores, in addition to the 400 it shut down two months ago after filing for bankruptcy protection. The company is seeking to immediately close 112 locations and potentially shut down another 296 stores if it can’t get cheaper rent for those stores, according to […]
Payless says it could close another 408 stores
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34 companies that could be the next to announce mass store closures

Retail stores are closing at a breakneck pace this year, and the carnage is far from over. More than 3,600 store closures have been announced since January, and up to 10,000 are expected to close before the end of the year, according to a new report on store activity and […]
34 companies that could be the next to announce mass store closures
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America’s retail apocalypse is changing what it means to be a teenager

Working in retail stores was long considered a rite of passage for many teenagers. But many teens are now finding it increasingly difficult to get jobs in the industry, which has historically been responsible for a quarter of teen employment, the Wall Street Journal reports. Retail is one of the […]
America’s retail apocalypse is changing what it means to be a teenager