In January 2025, the massive department store Macy’s announced it would be closing 66 of its outlets in 2025, as part of a three-year plan to make it profitable again. Other major clothing and ...

The new year has arrived, and in an effort to reform their finances, some retail businesses are saying goodbye to select locations, citing low performance and, in some cases, tariffs. Retailers such ...

Value City Furniture’s parent company has filed for bankruptcy, announcing plans to sell company assets and close additional stores, this time in North Carolina and other states. The company, American ...