Business Insider reports the so-called 'retail apocalypse' gathered even more steam this week.
JCPenney plans to close 27 stores this year. The closures include 18 full-line department stores and nine home and furniture stores. The company said Thursday that same-store sales fell 4% during the..
Macy's posted stronger-than-expected fourth quarter earnings Tuesday and said comparable 2019 sales could rise thanks to a cost-savings program worth around $100 million. "As an initial step in this..