Financial Roundup: Sears Canada Begins Turnaround, Unifi Performs Internationally, and Boohoo and Kering Defy the Market

Challenges at retail continue to negatively affect the bottom line for companies along the value chain—except in for luxury and fast fashion.

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These are the 10 Retailers Most Likely to Go Under Next

The number of retailers that have thrown in the towel through early April 2017, falls just short of the total number of stores that folded throughout all of 2016. And the number of bankruptcies is likely to increase—potentially threatening businesses in related industries as a result.

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J.Crew Slashes 250 Jobs, Reorganizes Management Team

Less than one month after the exit of president, executive creative director and long-time muse Jenna Lyons, contemporary fashion retailer J.Crew Group announced today that it is undergoing strategic changes, which include trimming its ranks.

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