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.
Recent data from S&P Global Market Intelligence revealed that corporate bankruptcies reached a 14-year high last year, with ...
The private equity owners of AlixPartners are exploring a potential sale of the US consulting firm, people with knowledge of ...
So far this year, closures continue to climb. Retailers have already announced 1,925 store closures so far in 2025 — and that was only as of Jan. 10.
According to Coresight Research, store closures are likely to again surpass openings this year, with as many as 15,000 retail locations expected to shutter.
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