Tag: Distressed Retail

Retail Types, Stores

Store openings outpace closures in 2022: Coresight

February 13, 2023

Via: Retail Dive

Inflation and economic uncertainty contributed to store count growth in retail’s discount sector. Those trends “will likely continue to expand in 2023, given [the] current forecast of further economic slowdown, including a possible recession,” the report, which was authored by […]

Retail Types, Stores

7 mall stores you forgot about

October 7, 2021

Via: Retail Dive

Why is it so much fun to discuss old retailers? And why do malls sometimes stoke feelings of nostalgia? Once the center of a community, the experience of going to a mall has changed considerably over the past few decades. […]

News & Trends

Global Brands’ US business files for bankruptcy

July 30, 2021

Via: Retail Dive

As GBG USA’s own chief financial officer put it, the company entered bankruptcy “running on fumes” after COVID-19 hit apparel sales around the world. The company’s parent was once part of the Li & Fung supply chain conglomerate until it […]