Ewoldt, John
Going out of business: Some retailers have had to cease operations entirely. Depending on their financial situation, they may need to file a Chapter 7 bankruptcy, which will entail going out of business and selling their assets to repay their debts. Here is a list of the retail stores that...
In July, the retailer announced that it was going out of business. Shoe City TravnikovStudio / Shutterstock.com After nearly three-quarters of a century in business, Shoe City tied its laces and walked away from the retail world. By the time summer rolled around this year, the footwear ...
All retailers are working on their response to this challenge but, already facing material consumer headwinds and falling margins, it is not a stretch to imagine a situation where the players that are able to quickly adapt survive, with those unable to effectively react going out of...
A Sears store going out of business. Once a commercial giant and pioneer of catalog and department store retail, Sears this year warned it might not be able to survive as a going concern. This followed years of layoffs, store closures, asset sales, operating losses, sales declines and critic...
1 ) That said, incumbent retailers can’t expect to stay successful by going about business as usual. In this article, we discuss the major trends reshaping the retail landscape and the actions we believe retailers must take if they are to ride the wave instead of being swept away. The ...
and they'll grow as you get closer to the holiday," said Fitch's Silverman. "But unplanned markdowns happen when the merchant at the other end of the mall is going out of business, closing the store or simply has to dump inventory whose shelf life has expired. Then everyone has to ...
and Canadian convenience store chain Alimentation Couche-Tard also earned an F for failing to take action to reduce the use of toxic chemicals and harmful plastics. So did Sherwin-Williams; Sally Beauty; LL Flooring, formerly known as Lumber Liquidators (which is going out of business); and Ma...
UPS CEO Carol Tome said on Tuesday that many of the delivery firm's small to medium-sized business customers source 100 percent of their goods from China. Source: Reuters
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