Retailers will close up to 15,000 stores this year, more than double that in 2024 and nearly triple from 2023. In addition, closings will far outpace openings.
This time, the target is Kohl's. According to Fox Business, Kohl's has announced that it will be laying off 10 percent of its entire workforce as the company prepares to close down locations ...
All the volunteers need is an Internet connection and the ability to use an online video chat platform such as Zoom. ENGin, ...
A new CEO took the reins at Kohl's this month, hoping to reverse a long losing streak at America's largest department store ...
A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store ...
Experts say the rise in store shutterings is driven by rising online retail sales and consumers converging on big ...
A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location closings expected to double.
Retailers are facing relentless competition from controversial fast fashion companies Shein and Temu, according to Coresight ...
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Retail store closings are expected to more than double this year while new openings will remain steady, according to ...