As online shopping continues to erode foot traffic, anchor department stores such as JCPenney are feeling the pressure all the same. Long a fixture in shopping malls across the country, the retailer ...
Macy’s is closing 14 stores across the United States as part of a wider restructuring push that now also includes more than 1,000 layoffs, marking one of the retailer’s largest operational shake‑ups ...
7-Eleven is closing 645 North American stores and opening 205 new, larger, food-focused locations to cut costs and improve margins for a delayed IPO. Facing revenue declines post-Speedway acquisition ...