Posted inWorld news
42-year-old sneaker brand closes over 50 stores
Dick’s Sporting Goods has been one of the big success stories in the brick-and-mortar retail…
Posted inWorld news
Consumer giant could sell major personal care brands
A major consumer company is considering a move that could put several familiar household brands…
Posted inWorld news
Another chain closes most restaurants, Homer Simpson called it
“You don’t win friends with salad.” That’s a classic Homer Simpson line referring to his…
Posted inWorld news
Ikea closes another key store after barely a year
Becoming a global powerhouse is extremely difficult, and not many retailers manage to conquer such…
Posted inWorld news
74-year-old convenience store chain disappearing after sale
Back in the late 70s and early 1980s, my small town had a mom-and-pop convenience…
Posted inWorld news
Prominent seafood chain continues closing restaurants after bankruptcy
After bankruptcy, ongoing restaurant closures, a sweeping restructuring, and years of financial pressure, a once-iconic seafood…
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31-year-old Mexican chain faces large-scale restaurant closures
Not paying back a business loan kicks off a process that can end up with…
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Costco’s famous return policy has a catch members don’t know
Costco has one of the most generous return policies in all of retail. The chain…
Posted inWorld news
Nike just got kicked out of an elite club
In June 2018, General Electric (GE) quietly disappeared from the Dow Jones Industrial Average, ending…
Posted inWorld news
90s fashion retailer closed 350 stores, and it isn’t enough
Few retail chains that filled malls in the 1980s and 1990s still exist today. Teenage…