The bankruptcy of Big Lots is helping Ollie’s Bargain Outlet’s new store pipeline as the discount retailer’s bottom line benefits from an increased number of locations. Ollie’s OLLI has ...

Song Gang, who oversaw the construction of Tesla Inc.’s Shanghai factory, is set to leave the automaker this week, according to people familiar with the matter. Song, who previously worked at ...

Shoe Zone said it has shut several stores due to rising wage costs following the recent Budget measures, and has issued another profit warning. The retailer, which employs around 2,250 staff ...

The number of Macy's stores slated for closure by the end of the year has climbed again. "We now expect to close roughly 65 locations this year," said Macy's CEO Tony Spring in the earnings call.

Company executives privy to the development said that most of the G-Star stores have been shut but have a presence through the online marketplace. Reliance will soon shut Replay stores as they feel ...

Contrasting the downsizing of Macy's outlets, the company has expressed intentions to bolster its luxury brand presence by adding a total of 45 new Bloomingdale’s and Bluemercury locations.

WASHINGTON, Dec 16 (Reuters) - U.S. manufacturing activity contracted further in December, with a measure of factory output dropping to the lowest level in more than 4-1/2 years amid worries that ...

The closures are part of Macy’s long-term strategy, announced earlier this year, to streamline its operations by closing 150 underperforming stores—around 30% of its total locations—by 2026.

More GameStop stores are apparently being shutdown. Every year the number of GameStop locations decreases. This year, the retailer launched GameStop Retro stores, and even bolstered this campaign ...

Investigators say it occurred just before 1 p.m. Saturday. Two armed men held up the Zales Outlet Store at the Philadelphia Mills Mall. Officials say they used a sledgehammer to break open the ...

Macy's is closing more stores than it originally announced earlier this year. According to the company's third quarter earnings report, the department store chain is expected to close 65 locations ...