Retail Stores

Payless in Talks to Close 1,000 Stores
February 14, 2017 at 10:24 am

Payless Inc. is in talks with its lenders over a restructuring plan that includes closing about 1,000 stores as it wrestles with an unsustainable debt load, according to people with knowledge of the matter. The discount shoe retailer may consider filing for bankruptcy if it’s unable to reach a deal with the creditors, said the people,…

Raymour & Flanigan Focuses on Savings & More
February 13, 2017 at 10:41 pm

Beauty and saving money aren’t mutually exclusive, as this direct mail brochure from Raymour & Flanigan shows. Mailer Name: Raymour & Flanigan Date Mailed: July 2016 The furniture retail chain typically mails Furnishing Your Style to both customers and prospects. It’s a glossy magazine featuring content that inspires consumers to change their home décor. This […]

Whole Foods Closing 9 Stores
February 13, 2017 at 10:54 am

Whole Foods Market said last week it's closing select stores after posting its sixth straight quarter of same-store sales declines. The company will be closing nine stores and its last two remaining commissary kitchens in the current quarter. It also terminated two leases. Reportedly, the majority of the stores slated for closure were smaller, older acquisitions and…

Jessica Alba's Honest Company Shaking Up Management
February 10, 2017 at 11:11 am

The Honest Company, co-founded by actress Jessica Alba, is overhauling its management team in a shake-up that could result in a CEO change, sources told Recode. The company’s board of directors has been in talks with top executives from other consumer packaged goods companies to discuss roles on its management team and board. Some of those…

BCBG to Close 120 Stores Nationwide
February 9, 2017 at 10:30 am

Women’s apparel and footwear retailer BCBG is closing 120 stores nationwide that “either are unprofitable or have untenable lease agreements” in the coming weeks, said company spokesperson Seth Lubove. Liquidation sales have already begun and will most likely last eight weeks to 10 weeks. The closing stores include the California-based company’s BCBGMaxazria and BCBGGeneration locations,…

Commerce Disrupted: The New Retail Reality
February 8, 2017 at 2:04 pm

A brand known primarily for storage solutions sent out a direct mail brochure with a slightly different focus. Mailer Name: The Container Store Date Mailed: May 2016 The Container Store sells items like boxes, shelves and racks to assist customers in organizing their lives. With this direct mail piece, that help centers on products “that […]

Marbles: The Brain Store Files for Bankruptcy
February 8, 2017 at 11:25 am

Marbles: The Brain Store has filed for Chapter 11 bankruptcy and wants to close its 37 brick-and-mortar stores. The Chicago-based puzzle and game retailer wants to wind down its brick-and-mortar presence while trying to sell intellectual property related to its e-commerce and wholesale business. Unfortunately, reports say due to a "dramatic downturn" during the holiday…