(January 9, 2024)—Big Lots, the once-popular discount retailer, announced today it will close all stores nationwide after a failed acquisition deal, mark

Prof. Hernandez on the 57 Saks Off 5th closures and the Saks Global financial reset. See the full list of remaining stores and 2026 impact.

TikTok video by Jesii117l

TikTok video by Jesii117l

Explore how Krefeld, Germany exemplifies the devastating impact of e-commerce on small city economies and urban landscapes.

Explore how Krefeld, Germany exemplifies the devastating impact of e-commerce on small city economies and urban landscapes.

The Retail Apocalypse...and...A Poem about Retail called "The Little Boutique That Lost Her Chic". When you do any stories about the state of retail and "The Retail Apocalypse," here is something that...

When a restaurant you visit regularly closes, it impacts you more than a broad closure where dozens, or even hundreds, of locations of a major chain shut down. Back when I traveled to Alexandria, Virginia, every month, the Starbucks next to the hotel I stayed in shut down. That made it less ...

The Olfactory Memory of Capitalism If a person were to close their eyes and transport themselves back to a generic American Saturday in 1994, the sensory details would likely arrive before the visual ones. The air is distinct—a pressurized, climate-controlled cocktail of chlorine from a decorative fountain, cinnamon sugar from a pretzel stand, and the aggressive, musk-heavy cologne wafting from a department store cosmetic counter.