News | Chain Store Age

Even a Strong Holiday Season May Not Save Some Struggling Retailers
As we look ahead to the beginning of the holiday shopping rush, with a consensus expectation of a low single digit increase in sales over 2022, we see a mixed picture in retail.
Study: Online shopping to hold steady this holiday season
Despite conflicting economic indicators, 80% of consumers say they’ll buy online more or the same as last year this holiday season.

STORE SPACES
Target closing nine stores in key cities amid theft, safety concerns
Target Corp. is taking action in response to theft and organized retail crime which it said is threatening the safety of its employees and customers.
News
Dick’s closing all but three Moosejaw stores amid integration with Public Lands
Dick’s Sporting Goods is doing some internal realigning — and store closings.
REAL ESTATE
20-plus stores are set to open at King of Prussia; they are…
Versace, Creed, Stuart Weitzman, and Canada Goose make their debuts at Simons landmark property in Pennsylvania.
News
Lululemon, Apple, Foot Locker among stores looted in Philadelphia
Dozens of looters, mostly teenagers, ransacked stores across Philadelphia on Tuesday night, smashing store windows, toppling displays and fleeing with merchandise.
News
FTC files lawsuit against Amazon with 17 states
A long-awaited federal antitrust lawsuit against Amazon is officially moving forward.
News
Smart & Final president to step down
A longtime Smart & Final executive is leaving.
News
NRF: Retail shrink inches up 1.6%; ORC-related violence increases
With retail crime continuing to escalate throughout the country, more retailers are enforcing a “hands off” approach in the apprehension of shoplifters.
News
Sportsman’s Warehouse names former Hertz, Cabela’s exec as CEO
Sportsman’s Warehouse Holdings Inc. has ended its search for a new chief executive with a seasoned retail executive.
News
Aaron's Company opens newest 'GenNext' store
The Aaron’s Company Inc. continues to expand its “GenNext” store initiative.
News
Foot Locker extends RFID-based inventory management to Eastern Europe
Foot Locker Inc. is attempting to maximize inventory accuracy and operational efficiency in its Eastern European stores.
News
B. Riley Financial boosts ownership in Bebe Stores
B. Riley Financial has increased its stake in fashion brand Bebe Stores as its legendary founder plans to “step down.”
News
Seattle suburbs get third frictionless Amazon Go store
Amazon continues expanding its Amazon Go suburban format in the Seattle area.

Latest business news covering the retail industry.