The company has been teetering on the edge for years. View this image › AFP / Getty Images SAUL LOEB RadioShack, after years of struggling, officially filed for bankruptcy today. The company, which operates more than 4,000 stores, said in a statement that it will sell between 1,500 and 2,400 of its U.S. stores to […]
The “off-price” channel, home of discounted designer goods, is the place to be in retail. Macy’s plans to pilot a new off-price chain as well as expand its Bloomingdale’s outlet locations. Macy’s Facebook Facebook: Macys TJ Maxx Facebook Facebook: tjmaxx The success of T.J. Maxx and Nordstrom Rack is pulling Macy’s into the off-price […]
A report by Solve Media says that 34% of the traffic on retail-specific websites came from bots, and more than half was “suspicious.” View this image › Solve Media America’s retailers are pouring billions into digital advertising this year as e-commerce grows and sets the tone of a highly competitive holiday shopping season. But a […]
The company’s new CEO, Paula Schneider, recently responded to a series of mass emails sent to employees by an anonymous insider. The emails were critical of American Apparel’s new management and the hedge fund backing the company. View this image › American Apparel American Apparel may have fired its founder Dov Charney last year, but […]
The almost 40-year-old purveyor of prom dresses filed for bankruptcy this morning. View this image › Cache / Via Facebook: CacheStyle Caché is the latest mall retailer to file for bankruptcy in a brutal quarter that’s already claimed Wet Seal, dELia*s, DEB Shops and C. Wonder. The company, which has been working towards a turnaround […]