Pamela N. Danziger Senior Contributor Retail I study the world’s most powerful consumers — The American Affluent Closed for business! That is the sign on the doors of non-essential retailers in 45 states, with “non-essential” being defined as stores...
By PYMNTS Posted on April 3, 2020 With the COVID-19 pandemic causing it to shutter its stores, Neiman Marcus Group is increasing preparations to ask for bankruptcy protection. The luxury department store retailer reportedly started having private discussions...
Chain buckling under coronavirus shutdown just a year after it was rescued Debenhams is preparing to call in administrators after the struggling department store was forced to close all its outlets under the coronavirus lockdown. The company, which has 22,000 staff...
