Walgreens Boots Alliance Inc plans to close 14 percent of its US stores to cut costs as consumers pull back spending. The drugstore chain said …
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Farfetch to Shutter Its E-commerce Software Service
Farfetch is shutting down its software service, called Farfetch Platform Solutions, to focus on its core marketplace, the company told its brand partners in an …
Report: Ted Baker to Close All Remaining UK Stores, Permanently Shutter
Ted Baker is set to permanently close all 31 of its remaining UK stores in the coming week, following stalled negotiations between the brand’s owner, …
The Vampire’s Wife to Shutter Citing Wholesale ‘Upheaval’
The Vampire’s Wife is shutting down amid a turbulent market for small designer brands. “Despite a period of positive growth and sales, the upheaval in …
Mara Hoffman to Shutter Brand
Designer Mara Hoffman is closing her brand after 24 years, marking an abrupt end to one of New York’s most high-profile sustainability focused fashion brands. …
Frasers Group to Shutter Matchesfashion
Frasers Group is putting Matchesfashion into administration, just over two months after the retail giant acquired the struggling luxury e-tailer for £52 million ($66.6 million). …
Macy’s Forecasts Annual Sales Below Estimates, to Shutter 150 Stores
Macy’s forecast annual sales largely below market expectations on Tuesday on weak demand for its apparel and shoes, and said it would close 150 stores …
Bed, Bath & Beyond Plans to Swiftly Liquidate, Shutter Stores
Bed Bath & Beyond Inc., the big-box retailer that for decades provided essential shopping for college dorms, wedding gifts and new homes, will close all …
Allure to Shutter Print Edition
The last print issue of Condé Nast’s beauty-focussed publication will be the December 2022 edition, editor-in-chief Jessica Cruel announced in a note this week to …