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.
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 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 ...
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 ...
With a master agreement with the Teamsters set to expire in 10 days, affecting 18,000 of the retailer's workers, hundreds ...
The company is incorporating updated design and textile enhancements into its men's jeanswear with the launch of its Lee X ...
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.
The store, located in Canada, features basketball and pickleball half-courts, as well as footwear for sports like golf and soccer.
Retail executives discussed the future of AI, the store experience and personalization at this year’s conference.
Despite the rush toward automation, NRF 2025 underscored a crucial reality: technology must enhance, not replace, human capabilities. The most successful retailers demonstrate that when employees are ...