Retail decline continues with bankruptcies and closures sped up by pandemic

Sep 29, 2020
Many retailers rely on robust holiday sales to boost the year's bottom line. Thanks to COVID-19, good luck with that.
A pedestrian walks past a permanently closed Jos. A. Bank clothing store in August in San Francisco. Tailored Brands, the parent company of Jos. A. Bank and Men's Wearhouse, is one of 29 big retailers to file for bankruptcy this year.
Justin Sullivan/Getty Images

Lord & Taylor's final sale: Who will buy all that real estate?

Aug 28, 2020
The venerable department store is closing all 38 of its brick-and-mortar locations after filing for Chapter 11 bankruptcy.
Pedestrians walk past a shuttered Lord & Taylor department store in Garden City, New York. on May 12.
Bruce Bennett/Getty Images

As Nike tightens control, its swoosh may disappear from some retailers' shelves

Aug 27, 2020
The athletic wear manufacturer is reportedly cutting off some brick-and-mortar and online retailers.
A woman wearing Nike attire walks past a Nike store in New York on Aug. 25. The company is tightening control of its brand.
Cindy Ord/Getty Images

Macy's furloughs are a sign of COVID-19 troubles for big retailers

Mar 31, 2020
Analysts expect other department stores will follow suit this week.
While brick-and-mortar stores are closed, a lot of big retailers are trying to sell this season’s clothes at a discount online.
Al Bello/Getty Images

Retail sales up, retail stores down

Jul 16, 2019
Gains by online merchants often come at the expense of brick-and-mortar stores.
A "closing sale" sign stands outside one of the last few open stores at the Schuylkill Mall in Frackville, Pennsylvania. The mall closed in 2018.
Spencer Platt/Getty Images

In Texas, immigrant businesses breathe new life into old units

May 6, 2019
There are a lot of empty retail spaces across the United States looking for fresh ideas to lure in shoppers. Urban designers say it’s all about offering something you can’t get online. In some cases, immigrant business owners in Texas…
Wooden sign board hanging on door of cafe
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Kohl's banks on Amazon returns to improve store traffic

Apr 24, 2019
Kohl's is expanding a deal with Amazon that allows online shoppers to return their merchandise at Kohl's stores.
Customers enter a Kohl's store on August 21, 2018 in San Rafael, California.
Justin Sullivan/Getty Images

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Costco’s membership warehouse model has been faring well in the competitive retail space

May 29, 2018
Later this week, we’ll get quarterly earnings from Costco, the nationwide warehouse-discounter. The chain offers a limited number of items — premium and private-label — priced to sell. So how is the company faring as it faces an ever-more competitive retail…

Stores switch holiday sales strategy

Dec 22, 2017
You’ve waited until the last minute to do your Christmas shopping. It’s too late to order stuff online and get it by Christmas Day so you have to head to the mall. Brick-and-mortar stores have the advantage now. And they…