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What retail apocalypse? Bargain-hungry Americans send discount chains into expansion overdrive
The death of American retail has been greatly exaggerated. While thousands of retail outlets have closed their doors across the US in recent years, a very different story is unfolding in a key part of ...
BALTIMORE — Customers who ventured into Rite Aid at Gittings Marketplace in North Baltimore during its final week in mid-June found a shuttered pharmacy, empty refrigerator cases and an assortment of ...
Somehow, the shopping center apocalypse ended up with more stores, not fewer. My trusty spreadsheet tracked the growth in overall shopping space in California and nationwide by analyzing CoStar data ...
It’s finally happening. After months of speculation, bankruptcy filings, and the closure of a smattering of stores, Joann is shuttering all of its locations. Soon, the craft and fabrics retailer will ...
It looks like 2025 will be yet another year with many more stores closing than opening. In a report released last week, Coresight Research analysts said they expect about 15,000 U.S. stores to close, ...
Yet as bad as 2024 was when it came to retailer closures, 2025 is expected to be much, much worse, according to a report out from Coresight Research. How bad, you ask? Last year saw the most U.S.
Family Dollar has announced 677 store closings this year. Walgreens is closing 259. Big Lots is closing 360. LL Flooring is shutting down entirely. Major retailers have announced 6,189 store closures ...
I missed that one in the Chinese New Year list of animals. I remembered the sheep, rabbit, and snake, and then completely overlooked the “didn’t see that one coming” creature (possibly symbolized by a ...
Among the more common economic tropes of the last 15 years has been the U.S. “retail apocalypse.” Giant e-commerce companies, so the story goes, have killed traditional brick-and-mortar establishments ...
Talk of a “retail apocalypse” has swept American media in the past decade, with the dramatic expansion of high-speed home internet and e-commerce sparking concern about the future of brick-and-mortar ...
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