The last two months have been plagued by hundreds of home store closures, capping off a difficult 2024 and tempering positive forecasts for 2025. Warren Shoulberg explains why analysts remain hopeful.

A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location ...

American Freight, a national retailer of furniture, mattresses, and appliances, will be closing all of its 329 stores, including locations in Boardman and Niles. The closings are part of a ...

DELAWARE, Ohio (WCMH) – An Ohio-based furniture store plans to implement a second round of layoffs at its headquarters, with the total number of affected workers now exceeding 100. American ...

Retailers are facing relentless competition from controversial fast fashion companies Shein and Temu, according to Coresight ...

A freight ship stuck for days in ice on Lake Erie is finally free. Coast Guard ships from the U.S. and Canada circled it, ...

For some companies, bankruptcy can mean the end. For others, it can be a way to restructure and stay afloat amid business ...

Department store chain Kohl's Corp. plans to eliminate 27 "underperforming stores" from its portfolio, including two locations in Ohio. Less than a week before Kohl's Corp. welcomes new CEO Ashley ...