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Godrej Nature's Basket to shut all 8 stores in Delhi-NCR

Grocery major Godrej Nature's Basket will reportedly shut all eight retail stores in the National Capital Region. The Vasant Vihar...

American Apparel to shutter 9 stores before bankruptcy auction

American Apparel is getting ready for a January bankruptcy auction of its business. The struggling retailer is all set to shutter...

Gap to shutter 65 stores owing to sluggish demand

Gap Inc, which is struggling to keep its head above troubled waters, has decided to shut 65 stores, as opposed...

Marks and Spencer to close overseas clothing stores, focus on food biz

British high street retailer Marks & Spencer (M&S) is looking to stem its losses and improve sales and efficiency by closing...

Gap to shut all Banana Republic stores in Britain

Gap is to close all its Banana Republic stores in the UK as the ailing fashion retailer focuses on North...

Walmart shifts focus to e-strategy, will go easy on store openings and profit

Last Thursday, Walmart Stores Inc made the announcement that it plans to slow down on new store openings and instead...

118-year-old Greek bookstore closes due to debt crisis

The largest bookstore in Greece with 118 years of history, Eleftheroudakis, will be closed on September 30 due to the...

Walmart to cut 7,000 back-office jobs in US stores

The largest US supermarket chain, Walmart Stores Inc, is planning to cut down 7,000 back-office jobs in its US stores...

Macy's may shut down nearly 100 stores early next year

Macy's Inc is planning to close about 100 stores. Macy’s closures represent about 15 per cent of the company’s total...

5 international department stores that are struggling to survive

Big Box Stores Getting Smaller Despite the fact that retailers internationally are working hard to adjust to a more digital consumer...

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52% of Indian retailers to onboard fresh graduates in FY25: Report

In 2023, the retail industry experienced an 8% rise in job applications, while demand surged by 18%, indicating a...