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.
Public hearings on what’s to become of the North American Free Trade Agreement once negotiations kick off began Tuesday, and those speaking on behalf of retail held little back.Read more
Though it’s teetering somewhere between dead and alive, it seems there’s more than one way to skin a BAT.Read more
In today’s competitive sourcing arena, Peru is an ideal destination for producing high-quality apparel, given its 5,000-year history in textiles and ability to adapt to current market needs.Read more
The European Commission has fined the tech giant for promoting paid results over others in its shopping comparison service Google Shopping.Read more
Debt is making it difficult for longstanding apparel brand Eddie Bauer to transform and improve performance in the current retail environment.Read more
Womenswear is changing it up and taking a more one-style-doesn’t-fit-all approach for S/S’18.Read more
A smooth Brexit. That's what the European Apparel & Textile Confederation Euratex is advocating in the hopes of keeping the intertwined supply chains of Europe and England functioning.Read more