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Rue21 Closing 400 Stores, Focusing On Online Sales

Teen retailer Rue21, which has been the subject of recent bankruptcy rumors, has decided to shutter 400 stores and put more of its attention to online sales. [More]

jakerome

Reminder: Liquidation Sales Offer Terrible Deals, Bad Return Policies

They draw you in with brightly colored signs at street corners, promising discounts of “up to” some very promising number. A record number of retail bankruptcies and store closings mean that there have been a record number of store closing sales so far this year. Yet if you’re looking for actual deals, you should stay away from liquidation and store closing sales. Here’s why. [More]

saguarosally

JCPenney Postpones Store Closings Because People Are Shopping There Again

Two months after JCPenney announced it would shutter 138 stores across the country amid falling sales, the company says it is delaying those closings as customers have apparently started shopping with the retailer again.  [More]

kaleidoscopist

Here’s How Macy’s Is Trying To Lure Shoppers

Despite the closure of dozens of stores and an all-but-dead takeover deal, Macy’s isn’t quite ready to throw in the ol’ retail towel. Instead, the company is focusing on the future, implementing new services, revamping store features, and revising coupons in a bid to bring in shoppers.  [More]

Nicholas Eckhart

Family Christian Closing All 240 Stores

After 85 years in business, Family Christian is closing for good, shutting down all 240 of its retail stores. [More]

Nicholas Eckhart

JCPenney To Close 130 to 140 Stores Over Next Few Months

This morning, JCPenney revealed plans to shutter more than 100 stores, putting it in the unwelcome company of other anchor store stalwarts — like Sears and Macy’s — who have recently begun paring down their retail footprint. [More]

@StarTribune

One Closing Macy’s Is Selling Off Its Terrifying Animatronic Holiday Decorations

Has your home been missing something, but you just can’t put your finger on it? Would a giant, animatronic elf, a pair of ballet dancers, or donkeys do the trick? If so, then Macy’s has a deal for you: The struggling retailer is selling seasonal displays that were once used at its soon-to-be-closed downtown Minneapolis store. [More]

Mike Mozart

BCBG Max Azria Closing 120 Stores, Reportedly Looking At Bankruptcy Options

Following a trend set by Macy’s, Wet SealThe Limited, and others, mall mainstay BCBG Max Azria plans to close 120 stores at shopping centers around the country, and may file for bankruptcy protection. [More]

jakerome

Where Do Customers Go When Their Department Store Closes?

This year, more than 150 locations for Macy’s and Kmart will close their doors forever. When these stores shut down, where do their former customers take their business? [More]

Nick Papakyriazis

Here Are All Of The Kmart, Sears, And Macy’s Stores Closing This Spring

It’s shaping up to be quite a depressing spring for a few retailers, after Sears Holdings announced it would be shutting down 150 Kmart and Sears stores in the next few months, and Macy’s notifying customers that 68 stores would close. Here is the list of all the stores that will be turning off the lights for good, where they are, and when they’re closing. [More]

bluwmongoose

The Limited To Start Layoffs At Corporate Offices; Could Start Winding Down Business

Two weeks after retailer The Limited announced it would explore its options, including a possible sale, the mall staple has begun notifying employees at its corporate offices that they could be out of a job and the company as a whole could close.  [More]

(Gustavo Devito)

Gap To Close Banana Republic Stores In The UK

Mall stalwart Gap’s rough year — including a distribution center fire, store closures, and a “too normal” clothing line — is getting a bit rockier, as the company announced it will soon close most of its Banana Republic-branded stores across the pond. [More]

Mike Mozart

Macy’s To Open LensCrafters Shops Inside 280 Stores By The End Of 2017

Macy’s is no stranger to the store-within-a-store concept, having already teamed up with Best Buy and Sunglass Hut to set up dedicated areas for the retailers to sell their products inside the department store. Now, the company is taking that same concept further in a deal with LensCrafters to sell eyeglasses, contacts, and other vision products. [More]

kaleidoscopist

Macy’s Closing 100 Stores In “Re-Creating” Its Portfolio, Attempt To Find Profits

Seven months after Macy’s announced it would close 40 stores this past spring, the department store has outlined a plan to “re-create” its portfolio by shuttering 100 additional stores.  [More]

frankieleon

Office Depot To Close 300 More Stores, Expand “Store Of The Future” Pilot

There will be 300 fewer Office Depot stores in the U.S. by the end of 2019 as part of the office supply chain’s attempt to cut costs and move on from its failed billion-dollar merger with Staples.  [More]

Laura Northrup

Sports Authority Stores Closing Early Because People Actually Bought Things At Liquidation Prices

If Sports Authority’s management ever wondered whether its pricing was appropriate, it now has the answer, thanks to the company’s going-out-of-business sales: customers flocked to the chain once everything was marked down. Employees of stores near the chain’s headquarters in the suburbs of Denver told the Denver Post that the sales attracted lots of customers, and merchandise sold out more quickly than anticipated. [More]

No, The Deals At Store Closing Sales Are Often Not That Great

No, The Deals At Store Closing Sales Are Often Not That Great

When the bright “store closing” signs go up outside of a store that’s being liquidated, that’s meant to attract shoppers in search of deals. The problem, though, is that liquidation sales mean first marking items up to their original retail price, then gradually lowering them, meaning that prices are higher than they were when the “liquidation” started. [More]

Mike Kalasnik

Here’s The List Of Aeropostale Stores That Are Closing

Whether it was market conditions or the behavior of their lenders that drove Aeropostale into bankruptcy, the teen-oriented clothing retailer has difficult decisions to make about which stores to keep and which to close. They’ve already decided on a preliminary closing list. [More]