Retailers will close up to 15,000 stores this year, more than double that in 2024. In addition, store closures will far ...

For Shaboozey, the Super Bowl brings with it the opportunity to satisfy a sweet tooth. The musician behind the hits “A Bar ...

As 2025 begins, the Harrisburg area’s three malls — the Harrisburg Mall, the Colonial Park Mall and the Capital City Mall — have three very different stories. The owners of the Harrisburg Mall in ...

Recent data from S&P Global Market Intelligence revealed that corporate bankruptcies reached a 14-year high last year, with ...

Companies that AlixPartners has advised include Alacrity Solutions, Big Lots Inc. and retailer rue21 Inc. AlixPartners announced Tuesday that David Garfield and Rob Hornby had been appointed as co ...

The trend reflects the divide between retailers gaining market share, such as Walmart, and those that have lost ground or filed for bankruptcy, like Big Lots.

In May, Pittsburgh-based teen apparel shop Rue21 filed for Chapter 11 bankruptcy and announced plans to close its over 500 stores. The company cited challenges from the COVID-19 pandemic and ...

The private equity owners of AlixPartners are exploring a potential sale of the US consulting firm, people with knowledge of the matter said.

Plenty of U.S. retailers had a challenging 2024 amid higher interest rates and shifting consumer behaviors. Those factors and ...

A record 15,000 chain stores across the US are expected to shutter this year — and fast-growing online retailers from China ...

A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location ...