The first store closing announcements for 2012 are in. On Wednesday, Macy's announced it will close nine underperforming stores, including five Macy's locations and four Bloomingdales. ...
We might have to wait a day or two for the official December same-store sales results, but Fast Up Front has already published a list of this holiday shopping season's winners and losers. Unsurprisingly, Walmart (as well as Amazon.com) is on the...
Even before the holiday season reached its official close, Sears Holdings Corp. is admitting defeat. After posting a 6 percent drop in same-store sales for its Sears division and a 4.4 percent drop in sales for its Kmart stores for the quarter...
In spite of putting forth their best efforts, drugstores trail dollar stores in the war for U.S. consumers. A report published earlier this week by brokerage firm Colliers International looks in-depth at dollar stores' rapid expansion over the...
The holiday shopping season is off to a great start as sales for 2011 Black Friday weekend came in at a record-setting $52.4 billion. The National Retail Federation reports that 226 million people visited bricks-and-mortar stores and shopped...
It's taken more than 10 years, but it looks like a comprehensive, detailed plan for new retail at the World Trade Center site has finally been established. The Architect's Newspaper reports that three separate hubs, including an existing one at...
While next year might still bring a considerable number of store closures, at least two household name chains will contribute to new store openings. Starbucks has revealed plans to launch a new health and wellness concept in the first half of 2012...
The world's biggest retailer seems to be putting out all the stops lately to adapt to a new retail environment. Earlier this year, Wal-Mart launched its small-format Express stores, meant to allow the chain to enter urban markets with high...