Coresight Research expects some 15,000 locations to shutter in 2025, with plans already up well over 300% year over year.
The California-based retailer said the pandemic kicked off years of falling revenue and rising costs. It will close at least one store but stay in business.
The move will leave the struggling mall with another space to fill, and the luxury department store’s only full-line locations outside the city.
The move adds to the home improvement retailer’s delivery capabilities, which also include a tie-up with Instacart.
Weeks after the retailer shuttered its experiences business, REI on Wednesday announced that CEO Eric Artz will retire in ...
The store, located in Canada, features basketball and pickleball half-courts, as well as footwear for sports like golf and soccer.
If the economy remains healthy this year, Deloitte anticipates consumer spending will grow 3.1% year over year, according to its 2025 U.S. Retail Industry Outlook report shared with Retail Dive.
Ivica Krolo will replace Erik Massmann, who helped guide the footwear brand through its initial public offering a little over ...
For the full year revenue was also up double-digits, though CEO Bjørn Gulden said the brand is “not yet where we want to be ...
The company is incorporating updated design and textile enhancements into its men's jeanswear with the launch of its Lee X ...
With a master agreement with the Teamsters set to expire in 10 days, affecting 18,000 of the retailer's workers, hundreds ...
The fitness company continues to expand its third-party partnerships as it seeks to strengthen its turnaround momentum under a new CEO.