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Research published by global retail analyst IHL Group in 2019 suggests that the so-called retail apocalypse narrative was an exaggeration, with "more chains that are expanding their number of stores than closing stores.” [7] That year, retailers in the United States announced 9,302 store closings, a 59% jump from 2018, and the highest number ...
Science & Tech. Shopping
The two companies both shared store closure announcements this week, with JCPenney expected to close a "handful" by mid-2025 and Joann to shutter roughly 500 locations. The retailers join other ...
After years of investing in self-checkout machines, some major retailers are starting to reverse course. Dollar General said it has eliminated self-checkout options at about 12,000 locations, a ...
Supermarkets began opening dark stores to assist with distribution in geographical areas where there was a high demand for online delivery. [3] Retail companies with dark stores usually operate fleets of light trucks to deliver orders made online, particularly to inner urban areas, avoiding disruptions to offline store operations.
A boycott commenced in Montenegro on 31 January. Inflation in the country rose by 30.5% between 2021 and 2024, with food prices surging by as much as 41%. Retail stores experienced upwards of 50% in turnover rates from 2021 to 2023, while some had profit increases high as 200% during the same time period.
A grocery store chain that flourished throughout Indiana and Ohio, eventually opening dozens of stores, Marsh Supermarkets filed for bankruptcy in 2017. Founded in 1931, it lasted for 88 years ...
An April 9, 2013 article in Time Business & Money reported that some Walmart stores have cut labor hours so much that they were having trouble physically moving merchandise from the back onto stores shelves. However, even with these problems, Walmart was performing better than Target in the measure of retail turnover, turning over its entire ...