All articles tagged with #retail
GameStop plans to shutter about 435 stores across 42 states in 2026 as it trims its brick-and-mortar footprint to reach CEO Ryan Cohen’s $100 billion market-cap target; the company has closed hundreds of locations in recent years and is winding down international ops, with thousands of jobs at stake as Cohen eyes roughly $35 billion in stock options.
Several stores in Raleigh and Durham, including Legacy Oriental Rugs, Macy's at Triangle Town Center, and Loft at The Streets at Southpoint, are closing due to reasons such as lease non-renewals and business restructuring, with last days for shopping approaching.
Bob’s Discount Furniture, a Manchester-based retailer with over 200 stores, has filed for an IPO to list on the NYSE under the ticker 'BOBS', aiming to go public after more than a decade of private ownership by Bain Capital, with plans to raise capital and expand its market presence.
T.J. Maxx is planning to open a new store in Lincoln Park, Chicago, in the third quarter of 2026, occupying about 26,000 square feet at 939 W. North Ave., as part of a renovated building owned by Farpoint Development and MCZ Development, adding to the area's vibrant retail scene.
Microsoft is integrating checkout capabilities into its Copilot AI assistant, allowing users to complete purchases within chats and potentially reshaping e-commerce by giving Microsoft leverage over retailers' direct customer relationships. The feature is live in the U.S. with major payment and marketplace integrations, and Microsoft claims it shortens shopping journeys and increases purchase likelihood, positioning itself as a competitor to Amazon and Google in AI-driven commerce.
A struggling mall is attempting to evict its remaining tenants as it faces decline and possible closure, highlighting challenges in the retail and commercial real estate sectors.
High street retailers Claire's and The Original Factory Shop are entering administration due to tough trading conditions, low Christmas sales, and challenging economic factors, risking 2,500 jobs and highlighting the struggles faced by brick-and-mortar stores in the current retail environment.
GameStop is closing its stores in Troy and Huber Heights, with the Huber Heights location closing on January 8 and Troy on January 15, directing customers to nearby stores. Dayton locations remain unaffected.
A small business owner in Pittsburgh describes how recent tariffs, especially on fabric imports, have dramatically increased costs, created uncertainty, and threatened the viability of her shop, highlighting the broader impact of trade policies on small retailers and local communities.
The article discusses the rise in luxury discounting as a response to prolonged price increases, indicating a shift in consumer behavior and retail strategies.
Three stores—Tommy Bahama, Banana Republic, and Wockenfuss Candies—are closing at Towson Town Center, amid ongoing safety issues and declining mall prosperity, raising concerns about the mall's future and local economy.
Sprinkles, a popular cupcake bakery chain, has closed all 20 of its locations across the U.S., including its Georgetown store, with employees tasked to clear out the premises amid the shutdown, marking the end of nearly two decades of operation.
Beers of the World in Henrietta is closing at the end of February due to economic and industry changes, with reduced hours until then, while its Batavia location remains open.
Many stores, pharmacies, and financial institutions have modified hours or are closed on New Year's Day 2026, with grocery stores generally open with reduced hours, while banks, USPS, and stock exchanges are closed. Retailers like Walmart and Target remain open, but some specialty stores and services have limited hours or closures.
After 45 years, San Francisco's well-known cookware store is closing its doors, marking the end of an era for the local culinary community.