U.S. dollar stores haven’t develop into collateral injury, as feared, in a value warfare amongst massive retailers including Wal-Mart Stores Inc ( WMT.N ) and Kroger Co ( KR.N ), which has pushed down costs of key items equivalent to eggs and laundry detergent.
After ninety six years in enterprise, consumer electronics retailer RadioShack can have simply 70 corporate and 500 vendor stores nationwide — down from 7,300 at its peak. This course of will allow us to extra shortly adapt to the shift in shopper purchasing habits by focusing extra of our assets on implementing our e-commerce strategy, making Perfumania a stronger and more competitive company,” mentioned Michael Katz, Perfumania President and Chief Executive Officer. At least 27 stores are anticipated to shut through the chapter process, according to a listing compiled by USA Today. The struggling retailer announced plans to shut 138 shops again in March, but it … Read more