Think of your favorite troubled or defunct retailer: does it or did it have a reason to exist? That’s the deceptively simple question raised in a new report from financial ratings firm Fitch Ratings, which predicts that the combination of e-commerce, disinterest in malls, and a lack of strong brand identity for some troubled retailers could spell doom in the next year or so. [More]
claire’s
Claire’s Realizes Malls Might Not Be Around Forever, Opens Stores Inside Toys ‘R’ Us
Because there will always be a need for cheap jewelry, stretch pants and kitschy pop culture merchandise as long as there are tweens and teens out there shopping, mall staple Claire’s isn’t going anywhere. Well, that’s not entirely true — it isn’t going away, but it is expanding its horizons by setting up shop inside some Toys ‘R’ Us locations. [More]