A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store chain. But after years of declining sales, a sharp drop in stock value and ...
A new CEO took the reins at Kohl’s this month, hoping to reverse a long losing streak at America’s largest department store ...
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.
Experts say the rise in store shutterings is driven by rising online retail sales and consumers converging on big ...
Coresight Research has issued its predictions for store openings and closures by sector in the United States for 2025.
Store closures in the U.S. are expected to double by 2025, driven by inflation and a shift toward online shopping, according ...
They all represent an ongoing wave of store closures in the Pittsburgh area in the new year and recent months in what's ...
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 ...
Store closures in the US reached a post-pandemic high last year and are expected to double in 2025, according to Coresight Research. The firm said closures last year totaled 7,325, the highest mark ...
Legendary singer, Asha Bhosle's granddaughter, Zanai Bhosle recently turned 23, and a cute picture of her and cricketer ...
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 ...