A major pharmacy retailer is set to close nearly 200 stores next month, marking another wave in the ongoing trend of drugstore downsizing across the U.S. This move, which has been seen from multiple retailers in the past few months, is proof of the industry's challenges. Declining prescription reimbursements, rising theft, and shifting consumer habits toward online shopping and big-box retailers ...
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Fashion Retailer Shuts Down Another 28 Stores Amid Ongoing Struggles
Fashion Retailer Shuts Down Another 28 Stores Amid Ongoing Struggles Another 28 stores are closing—not from an obscure chain, but from a once-iconic fashion retailer that helped define the American mall experience. Known for four decades of trend-driven clothing and accessories, the brand is now scaling back fast, with 50 closures planned by year’s end. This isn’t routine ...
Top Shoe Brand Opens New US Factory While Still Holding Prices Steady
Most shoes on U.S. shelves—nearly 99%—come from overseas. So when prices spike, it’s easy to blame inflation or brands. But trade tensions and rising tariffs are now the hidden forces driving up costs. A recent survey found 78% of Americans have delayed buying shoes because of high prices. That’s why one major brand’s decision to expand U.S. manufacturing without raising prices is causing ...