In a surprising turn, Dollar Tree is offloading Family Dollar for just $1 billion, a steep loss from its original $9 billion purchase. The sale highlights the challenges faced by discount retailers amid rising costs and fierce competition.
GameStop has announced its rebranding strategy to integrate Bitcoin into its operations. This move follows President Trump's executive order on cryptocurrencies and comes as the company reports a significant rise in fourth-quarter profits despite ongoing challenges.
Forever 21 is winding down operations and seeking a buyer as it faces bankruptcy. With stores hosting liquidation sales and hundreds of layoffs, the brand struggles amid a retail crisis. Find out what's next for this iconic retailer!
Macy's struggles with mixed quarterly results as CEO Tony Spring faces pressure from activist investors. While some areas show growth, challenges remain for the iconic retailer's recovery.
Get ready for a massive blow to the craft retail industry as Joann Fabrics announces the closure of all its stores. Find out the reasons behind this decision and what it means for investors.