J.C. Penney Closes More Stores As Sales DeteriorateJ.C. Penney posted net income of $75 million, or 24 cents per share, for the quarter. That compares with $242 million, or 77 cents per share, a year ago.
Payless ShoeSource To Shutter All Of Its Remaining U.S. StoresShoppers are increasingly shifting their buying online or heading to discount stores like T.J. Maxx to grab deals on name-brand shoes.
Sears Lives To See Another Day As Its CEO Tries To Buy The RetailerMany employees and customers are in shock. Many thought liquidation was inevitable. But now the 126-year-old company may have one lifeline left.
BREAKING: Sears Reaches 11th Hour Deal To Stay In BusinessAfter two long delays at a morning hearing in bankruptcy court, attorneys for Sears announced it had accepted a revised bid from a hedge fund controlled by Eddie Lampert, the chairman and former CEO of Sears. The deal could keep 425 of the stores open.
Marshalls To Close Two South Side StoresIn all, 100 employees will either be laid off or relocated to other stores.
If Sears Survives, This Is What It Will Look LikeEven if Sears survives bankruptcy, there will be a wide swath of America that no longer has any of its stores.
What's In Store For Sears?"The company has zero chance of success. I hate to say that, because there's still quite a few people in the U.S. at least who look to Sears for their employment, but there's no chance for the future there, in my opinion."
Sears And Kmart Closing 40 More Stores By February 2019, Including Last Chicago Kmart
Last Remaining Toys 'R' Us Stores To Close FridayFriday is last call for one of the most recognizable names in retail, as the last remaining Toys “R” Us stores will close their doors for good.
More Sears Store Closings On The Way"I never thought I'd see something like this happen. I mean they're such a part of America."
3 Chicago Area Sears Stores Among 63 To Close NationwideOn the heels of a $424 million loss in the first quarter of 2018, Sears has announced it is closing 63 Sears and Kmart stores nationwide.
Sears Is Closing 72 More StoresThe company closed a total of nearly 400 stores during the past 12 months, and now has a total of 894 left, including the 72 slated for closure.
"We're Shocked:" Sam's Club Abruptly Closes Multiple Stores In Illinois, NationwideAt least five Sam’s Club stores in the Chicago area and more in Indiana and other states are abruptly closing.
JCPenny Closing 138 Stores, Including 7 In IllinoisJCPenny released a of 138 stores that will permanently close, after having been a staple in the community for decades.
Walgreens To Shutter 200 Stores, Open 200 OthersWalgreens will shutter about 200 U.S. stores as part of an expanded cost reduction push, but the nation's largest drugstore chain has no plans to shrink in the wake of its combination with European health and beauty retailer Alliance Boots.