Fred's Inc. will close 75 stores, slash corporate overhead and revamp merchandising programs as part of a strategic plan unveiled Wednesday designed to improve the sagging financial fortunes of the 700-store Memphis-based discount retailer. In...
January sales reports are out. It's not looking a whole lot better than December. A lot of retailers are dealing with some calendar issues in addition to the slowing consumer market. Last year's fiscal calendar included 53 weeks for a lot of firms...
Wal-Mart Stores Inc. will open its first in-store medical clinics under its own brand name after leasing space in dozens of stores to outside companies that operate the quick-service health stops. The world's largest retailer said Thursday it...
Slowly, but surely, the last vestiges of the Marshall Field's brand are withering away. ...
I've been at the MBA's Commercial Real Estate Finance/Multifamily Housing Convention and Expo in Orlando. I intend to gather my...
Add Charming Shoppes to the growing list of chains deciding to shut some stores. There's been a steady stream of these kinds of...