Abercrombie & Fitch Closing Stores Nationwide
Teen apparel retailer Abercrombie & Fitch Co. plans to close up to 40 stores during fiscal 2019, after closing 29 locations last year.
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Category: Retail
Rockland County retail
ToyWiz Closing Its Retail Store Saturday May 25th
UPDATE (01-04-2023): TOY WIZ IS OPEN FOR BUSINESS, AND DID NOT CLOSE AS PLANNED.
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Dressbarn Closes Doors After Half A Century
Dressbarn is closing all 650 stores, including its Nanuet location, and another nine in the Hudson Valley. The company employs about 6,800 people, and has not disclosed when stores will begin shutting down.
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Amazon’s Partnership With Kohls Helps Hedge Against Department Store Decline
Kohl’s is better positioned than its mall-based competitors, and its partnership with Amazon.com may be what’s bolstering its performance.
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Retail’s Darwinian Landscape Narrowing The Field; Trump’s Tariff’s Not Helping
Some 17% retailers covered by S&P Global remain financially vulnerable, according to a report this week from the ratings agency. Big boxes and chain restaurants make up the most significant portion of the distressed companies.
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Will Lord & Taylor Survive Potential Sale By Parent Company Hudson’s Bay?
The fate of Lord &Taylor, which closed its flagship store earlier this year, is up in the air. Hudson’s Bay, which owns Lord & Taylor and Saks Fifth Avenue, has hired a financial adviser to review Lord & Taylor’s business, and that review could lead to a sale or a merger.
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Party City Shuttering 45 Stores Nationwide
Westchester-based Party City will close 45 stores in 2019, the company said last Thursday when announcing its financial results for the first quarter of 2019.
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Big Boxes Trying To Lower Tax Burden With “Dark Store Theory”
Big box retail stores like Target, Lowes, Walmart, Kohls, Rite Aid and others are using a tactic in New York and beyond known as the “dark store theory” to lower their tax burden and it is working.
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Bed, Bath, & Beyond The Hey Day Of Home Furnishings Retail
Chain Set To Close 40 Locations Just like other struggling big box retailers, Bed Bath & Beyond is shuttering stores and experimenting with new concepts to prevent its demise. The housewares retailers plans to close 40 locations this year and test “lab” stores that sell more home décor and food products. RCBJ recently reported similar […]
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Will Barnes & Noble Hold On? That’s A Tough Read
New Prototype Store Opening But Nothing Planned Yet For Rockland County Do we need an “endangered list” for retailers? Although Barnes & Noble has managed to hang on as the country’s largest remaining book retailer, Amazon’s domination of the book market has been detrimental to the chain’s profits for years. Aside from 10 new prototype […]
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