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Is There a Retail Crisis? Stores close amid online shopping surge, rising crime

Twenty major retailers, like Nordstrom and Old Navy, axed nearly 3,000 locations in the past year, as more people shifted to online shopping. ....

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How Leading Indicators May Have Helped Rite Aid Avoid Bankruptcy

Some analysts have said that the recent bankruptcy of Rite Aid was the final step of a slow decline over the past several years. ....

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Amazon to Ditch Clothing Stores for More Grocery Stores

Amazon shut down 68 physical retail stores last year, citing a shift in focus. ....

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Bank Financing and Bad Urban Planning Make the Retail Apocalypse Worse

The pandemic created an apocalypse of empty storefronts. Big banks are making it worse. ....

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Don't blame the pandemic for all the empty storefronts on your street. Blame big banks

Landlords could help reverse the Retail Apocalypse by lowering rents and extending leases but their lenders won’t let them. Tyler Le/Insider You've probably… ....

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