Record 8,234 US stores close in 2025 as retail crisis deepens
A staggering 8,234 US stores shut permanently in 2025, a 12% rise on 2024. Discover which major chains collapsed and why experts say the 'retail apocalypse' is a myth.
Category : Search result: retail restructuring
River Island to close 33 stores in high street crisis
Fashion giant River Island will close 33 UK shops by end of January as part of a restructuring plan to ensure its future. The closures affect locations nationwide.
Cracker Barrel job cuts after $700m rebrand backfires
Cracker Barrel is laying off corporate staff to save $25m after a costly rebrand alienated customers. Analysts warn cost-cutting won't solve its identity crisis.
Poundland announces new wave of store closures
Poundland is closing more than 100 shops across the UK as part of a major restructuring plan. Find out which stores are affected and where clearance sales are now on.
Poundland announces new wave of winter store closures
Discount retailer Poundland confirms 14 more closures by February, bringing total shutdowns to over 100. Find out which stores are affected and where clearance sales are on.
Yankee Candle to close stores and cut 900 jobs
Newell Brands, owner of Yankee Candle and Sharpie, announces a global productivity plan involving store closures and significant job cuts to strengthen competitiveness. Read the full details.
Black Friday abuse crisis hits UK retail workers
As Black Friday begins, the Retail Trust reveals 77% of shop staff face intimidation. The charity urges shoppers to show respect with simple smiles and thank yous during the festive rush.
Poundland saves 6 stores, closes 12 others
Poundland confirms six stores have been saved from closure, while twelve are shutting their doors. Get the full list of locations affected by the retailer's major restructuring plan.
Saks Off Fifth Closing Nine Stores Across US
Saks Off Fifth announces closure of nine US stores including flagship NYC location. Company confirms no bankruptcy filing despite restructuring. Read the full details.
Bunnings Faces Pressure to Ban Dogs From Stores
The beloved DIY chain Bunnings finds itself at the centre of a heated national debate as calls intensify to prohibit pets in stores following a series of concerning incidents. As opinions clash between animal lovers and safety advocates, we examine whethe
Primark sales jump 7% amid retail expansion push
High street giant Primark reports impressive 7% sales growth despite inflation pressures, with major expansion plans including new Twinings partnership and US store openings.
Primark Splits from ABF in Corporate Shakeup
Associated British Foods announces historic separation of its fast-fashion giant Primark from its food operations, creating two independent FTSE 100 companies in landmark restructuring.
M&S to close 20 stores in major retail shakeup
Marks & Spencer reveals plans to shut 20 stores and relocate 13 others in dramatic restructuring plan affecting multiple UK locations including Birmingham and Liverpool.
M&S shares suffer worst day since pandemic
Marks & Spencer shares experienced their sharpest decline since March 2020 after the retail bellwether warned of weaker profits, sending shockwaves through the UK retail sector.
M&S launches major expansion with 20 new stores
Marks & Spencer announces ambitious expansion plan with 20 new stores across the UK, creating over 3,400 jobs and bringing back beloved fashion brands.
Carter's announces UK store closures and layoffs
Popular homeware retailer Carter's confirms sweeping store closures and layoffs across Britain, citing inflation, supply chain issues, and changing consumer habits as key factors.
Amazon plans 30,000 UK job cuts in major restructuring
Amazon announces sweeping workforce reductions affecting up to 30,000 positions across its UK operations, marking one of the largest corporate downsizing efforts in recent British business history.
Starbucks UK Closures: Full List of Shutting Stores
Starbucks announces significant restructuring plan affecting multiple UK locations, with ten branches already confirmed for closure. Discover which high street spots are disappearing and what it means for your daily caffeine fix.
Seasalt to open 30 new UK stores in major expansion
Popular Cornish fashion brand Seasalt is embarking on its biggest retail expansion yet, planning to open 30 new stores across the UK and create 350 jobs as demand for their colourful designs continues to grow.
Target CEO warns of organised retail crime surge
Target's chief executive Brian Cornell reveals escalating organised retail crime is putting staff safety at risk and costing retailers billions annually.
Target Plans Thousands of Job Cuts Amid Stagnant Sales
American retail colossus Target reveals plans to cut thousands of corporate positions in strategic cost-cutting move following disappointing sales performance and changing consumer habits.
Target slashes 1,800 jobs in shock Wall Street move
American retail giant Target abruptly eliminates 1,800 positions in latest corporate restructuring, sending shockwaves through financial markets and raising concerns about UK retail sector stability.
Major retailer announces 83 store closures across UK
Another beloved high street name faces significant restructuring as economic pressures force the closure of 83 stores nationwide, putting hundreds of jobs at risk.
Tesco Extends Dominance as Britain's Retail Giant
Tesco extends its dominance as Britain's largest retailer with strategic price cuts and digital innovation, leaving competitors struggling to keep pace in the fiercely competitive grocery sector.
NBC News fires diversity teams in major restructure
NBC News eliminates dedicated diversity units and merges MSNBC's daytime programming in sweeping cuts that reshape the media landscape.
NBC News slashes 50 jobs, diversity teams hardest hit
NBC News slashes approximately 50 roles in dramatic workforce reduction, with diversity, equity and inclusion departments bearing the brunt of cuts amid corporate restructuring.
Nestlé axes 289 UK jobs in restructuring move
Food and beverage giant Nestlé announces significant workforce reduction across UK operations, cutting 289 positions while creating 187 new roles in strategic realignment.
Nestlé cuts 1,500 jobs in restructuring move
Nestlé's new CEO announces sweeping job cuts affecting 1,500 positions worldwide as the food giant restructures to boost sales growth and streamline operations.
NBC News axes dozens of staff in restructuring move
NBC News implements sweeping job cuts as the network undergoes significant internal restructuring, with dozens of positions eliminated across the organisation.
TSB closes 36 branches, cuts 250 jobs across Britain
High street bank TSB reveals plans to shut 36 branches and cut 250 jobs in restructuring move affecting communities across England, Scotland, and Wales.
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