Wal-Mart to close 269 stores amid increasing competition
Of the 154 stores being closed in the U.S., 102 will be in its Walmart Express category, which has been in a pilot program since 2011. About 10,000 U.S. employees will be affected.
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Double 8 closes four remaining grocery stores
Declining revenues were too much of a challenge to overcome, the local grocer said in a statement. The chain opened its first store in 1957.
Gap to shut down 175 stores in turnaround bid
About 175 underperforming Gap stores will close in North America as part of a comeback plan for the business, which has posted sales declines for five straight quarters and lagged behind its sister chain Old Navy.
Walgreen aims to close about 200 stores nationwide
The store closings amount to about 2 percent of the 8,232 Walgreens drugstores it runs in the United States, Puerto Rico and the U.S. Virgin Islands.
States ask court to keep RadioShack from selling customer data
Twenty-two states, including Indiana, have rallied around Texas in its legal challenge to RadioShack’s plan to sell personal data on 117 million customers.
As Circle Centre turns 20, declining performance, anchor woes spur worry
Sales per square foot are down, the building itself is aging, and persuading the lone anchor, Carson Pirie Scott, to stay another three years required generous incentives.