Business ❯ Retail ❯ Department Stores

Store Closures

Beales Sogo & Seibu Nagoya Department Store Closure Community Impact Financial Performance House of Fraser Luxury Retail Local Impact Macy's Store Closures Brand Strategy Turnaround Plan Sales New Store Openings Economic Impact Macy's Market Trends

Saks Global Secures $500 Million Exit Financing to Support Summer Emergence From Bankruptcy

The bondholder commitment gives Saks a clear path to fund a leaner footprint toward a summer exit.

Darlington’s House of Fraser Closes After 104 Years as Binns Building Is Put Up for Sale

Nearly 300 Store Closures Set for 2026 as Retail Footprints Shrink