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Retail

JCPenney re-openings 54 stores across several states

JCPenney has reopened stores as COVID-19 restrictions begin to lift in the U.S. On May 20, the retailer opened doors to 54 locations across Texas, Ohio and Indiana, bringing its total number of operating stores to 153. “We are thrilled to welcome our associates and customers back to JCPenney stores... and our top priority remains on the health...

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Management |ANALYSIS Featured

More U.S. retail stores closing... and faster than ever

The rise of online shopping, shrinking margins, ever expensive rents, and consumer behavior’s shifts are just some of the reasons why American retailers are closing more stores than ever. And they are doing so at a record pace this year, according to analysts and market experts. In fact, up to April 6, closings have been announced for 2,880...

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