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#store-closures #department-stores #retail-market-share #brick-and-mortar-revival #office-supply-retail
Business
fromFortune
3 weeks ago

Department stores have a new playbook for this holiday season: How Macy's, Dillard's, and Nordstrom are getting their groove back this holiday season | Fortune

Department stores lost market share—from about 14% in 1993 to 2.6%—but recent investments in stores, staff, and curated brands are producing renewed growth.
E-Commerce
fromTheStreet
1 month ago

One-time Amazon rival retailer closed over 1,100 stores (with more to come)

Office-supply chains have closed over 1,100 stores since 2013, face ongoing location closures, but bankruptcy is unlikely because of new ownership.
Business
frompennlive
1 month ago

Amazon rival closing almost 100 more stores after nearly 40 years in business

ODP brands drastically reduced retail footprint due to e-commerce competition, remote-work demand decline, financial strain, and a sale to Atlas Holdings aimed at restructuring.
Startup companies
fromTechCrunch
1 month ago

Zepto raises $450 million at $7 billion valuation as Indian quick commerce market heats up | TechCrunch

Quick-commerce startup Zepto raised $400 million led by CalPERS, plans an IPO next year while scaling daily orders and facing intense competition from established players.
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