News

J.C. Penney Co. has identified the first wave of its store closures.

2020 has been a year like no other, but retailers can maintain “normal” operations by deploying the right solutions.

One of the country’s oldest apparel retailers may be moving closer to bankruptcy.

Approximately 60% of retailers reported that they could not pay April rent, with many asking for three months of rent abatement—and several claimed they could not pay rent until stores reopened.

The British arm of Victoria's Secret has fallen into administration, which is the equivalent of a bankruptcy proceeding in the U.S.

GameStop Corp. said it expects first-quarter sales to drop by as much as a third as the majority of its stores were shuttered due to the pandemic.

Digital transformation is accelerating in retail environments. 

Private equity firm Sycamore Partners is in early talks to take J.C. Penney out of bankruptcy if the retailer’s negotiations with its creditors fail, reported Reuters.