In ‘a very difficult business,’ retail store closings typically signal more about an individual company than the industry ...
Globally, online shopping is projected to continue its strong upward trend. A lack of physical constraints has enabled ...
There isn’t a retailer that hasn’t been inundated with messages about how artificial intelligence can revolutionize most, if not all, business functions. But how much to believe the hype?
Saks CEO Marc Metrick will lead the expanded company, while Chief Merchandising Officer Tracy Margolies will take over as Bergdorf Goodman’s president. The completion of the acquisition brings ...
The board unanimously approved the deal, which also includes Mexican retail conglomerate El Puerto de Liverpool and gives the ...
Thanks to an agreement with most of its term loan lenders, the retailer will keep its stores and website open and emerge as a ...
About 14 months after emerging from Chapter 11, the retailer finds itself in bankruptcy court once again. This time, it’s liquidating. Party City, once a leader in the celebrations space, is ...