What began in 2016 as a handful of big but otherwise isolated bankruptcies in the teen and sporting goods retail space, accelerated in the first quarter of 2017 following a disappointing holiday. Store closures, acquisitions and shifts to online strategies followed, all of which threaten to change the face of the American mall. And analysts predict more stores will falter as they struggle under mountains of debt, fail to keep up with changing consumer buying habits and grapple with how to leverage retail space in an increasing e-commerce world.
Click through below to view a timeline of stores that have faltered, failed or found lifelines from 2016 to today.
Retail giant Amazon rolls out a new way for shoppers to get instant gratification from their online orders and tangles with Trump over state sales taxes.Read more
Now that NAFTA negotiations have officially started, it looks like the trade deal may come far from the one we've known for the last 23 years.Read more
The seven variables that allow apparel businesses to balance performance and vulnerabilities by effectively identifying, assessing, mitigating and managing their supply chains.Read more
Consumers are starting to reward Target for its work to transform its product, customer experience and fulfillment offerings.Read more
Consumer interest in brick and mortar shopping seems to be picking up, or at least declining at a slower rate, according to the most recent store foot traffic data released by analytics firm Retail Next. It may be a glimmer of hope for physical retailers amid the……...Read more
Under Armour's CEO is leaving Trump's manufacturing council, plus Twisted X launched footwear made from recycled plastic bottles.Read more
Coach, Inc. identifies the ways it which it will strengthen the Kate Spade brand by undertaking some of the steps used to turn its namesake business around.Read more