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
A closed J.C. Penney store at a mall in San Bruno, California. The retailer is an anchor store in a lot of malls.
Justin Sullivan/Getty Images

Retailers pledge 15% of shelf space to Black-owned businesses

Aug 19, 2020
The 15 Percent Pledge is pushing retailers to devote more shelf space to Black-owned businesses.
A Sephora store in Santa Monica, California, in March. The beauty chain is participating in the 15 Percent Pledge.
Mario Tama/Getty Images

For retailers, holiday shopping was strong. But the way we shop is changing.

Jan 6, 2020
We followed three small business retailers throughout the holiday shopping season. Here's the final word on how it went.
A UPS worker sorts packages to be loaded onto a delivery truck at the UPS sort facility in South San Francisco, California.
Justin Sullivan/Getty Images

For these retailers, the holiday season is crucial — and has deadlines

Dec 18, 2019
This holiday season, we're following several retailers from the end of November to the start of the New Year. This is part two of our series.
A holiday sale in New York City.
Spencer Platt/Getty Images

How the day after Thanksgiving came to be known as Black Friday

Nov 19, 2018
This Friday, the Friday after Thanksgiving, is ubiquitously referred to as “Black Friday” by retailers, consumers and the media. We wondered: What does the term mean? And where’d it come from? Click the audio player above to hear the full story. 
The 24th of September 1869: Panic on 'Black Friday' in the New York Gold Room.
Photo by Three Lions/Getty Images

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A Macy's sign is seen on a Macy's store at CityPlace after reports indicate that it is one of 68 stores that the company plans on closing on January 5, 2017 in West Palm Beach, Florida.
Joe Raedle/Getty Images

Sears' bankruptcy and the business behind closing a business

Nov 2, 2018
One retail chain's restructuring is another store's opportunity.
The Sears at University Mall in Tampa, Florida, where everything must go.
Renata Sago/Marketplace

July sales are pressuring the shipping industry like it’s the holiday season

Jul 16, 2018
Today is Prime Day, Amazon’s annual day of discounts that the retail giant hopes will rack up sales and lure new subscribers to Prime. Walmart, Target, Macy’s and other retailers are also getting in on what’s being dubbed Summer Black Friday. With all those packages on the move, the shipping industry is ramping up to […]