The American shopping landscape is undergoing a seismic transformation. Empty storefronts dot suburban strip malls, while cavernous department stores echo with the sound of clearance sales. What's ...
The retail apocalypse is paying off for at least one group: women in the C-suite. While the crop of chief executives at the biggest U.S. companies gets more male, women have made some notable gains in ...
The World Economic Forum noted that COVID-19 was spreading as early as December of 2019. When it exploded onto the news in early 2020, economic pundits weren't paying it much notice. It was, after all ...
It's ambitious, transformational strategy was implemented well. The retailer is becoming notably slimmer by divesting assets and closing underperforming stores. Macy's was something of a cautionary ...
The traditional American mall — enclosed, climate-controlled and anchored by department stores like Sears, JCPenney and Macy’s — once defined New Jersey suburban life. It was more than a collection of ...
A counter-intuitive trend seems to be rippling through the retail industry. In the context of a relatively healthy (at worst lukewarm) economy at the moment, and in spite of a tight retail vacancy ...
Add Yahoo as a preferred source to see more of our stories on Google. Jun. 24—"Some of the retailers that have failed weren't really innovating or thinking about the customer very well," one industry ...
Sears, once one of the most successful department stores in America, is down to just eight U.S. locations — soon to be seven — when its Whittier store closes later this month. The three-story store at ...
The retail apocalypse -- which was caused by expanding e-commerce marketplaces, the decline of malls, and a shrinking middle class -- wiped out many retailers over the past decade. The Great Recession ...
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