Many consumers have reined in their spending, and even top retailers have had to close underperforming stores.

This changing market has contributed to the ongoing struggles of Beauty Brands, which survived a 2019 Chapter 11 bankruptcy, ...

The parent company of Yankee Candle, Rubbermaid and Sharpie said Dec. 1 that it will layoff approximately 10% of its ...

In 2025, numerous U.S. clothing and department stores announced closures, highlighted by Macy's decision to shut 66 outlets.

An upscale discount retailer is closing nine stores across the U.S. Saks Off 5 th, sister store to Saks Fifth Avenue, told USA Today the closures will begin in January 2026. The closures will enable ...

As we all know, the retail industry has been under a lot of pressure, and as a result of this, many store closures are occurring. One of the biggest challenges the industry encountered was the ...

Value City Furniture’s parent company has filed for bankruptcy, announcing plans to sell company assets and close additional stores, this time in North Carolina and other states. The company, American ...

Verizon could soon announce store closures and layoffs as part of restructuring and cost-cutting efforts. Another major U.S. company may soon join the growing list of businesses downsizing. Reports ...