Another Sad Day for Retail: Boscov’s Flails for Life; Dawahare’s Shutting For Good, Trouble for Goody’s and Bob’s

Whoa. just when we thought it couldn’t get much worse than Mervyn’s, one regional chain is throwing in the towel and three others are struggling badly. The big news, surrounding northeastern department store Boscov’s, is fresh from this morning: About half the major suppliers to Boscov’s, a family-held Reading, Pa.-based department store with stores across […]

Sunrise Mall; Corpus Christi, Texas

Corpus Christi, the largest city in South Texas, is home to 285,000 people with over 430,000 in the metro area.  Home to HEB grocery stores, the Whataburger fast food chain, Corpus Christi is also the 8th largest deep sea port in the U.S.  The following submission is from reader “Jonah Norason” and his experience with Sunrise Mall, one of […]

The Next Domino to Fall: Mervyn’s?

Mervyn’s, a large western chain of discount clothing/housewares retailers–very similar to Kohl’s, for those of you in other parts of the country–may well be the next major bankruptcy to hit American malls: Mervyn’s LLC may be forced to file for Chapter 11 bankruptcy protection as early as this month if the California department-store chain fails […]

Mall Mania: American Style Shopping Goes Global

Discovery HD Theater Channel is currently running a piece called Mall Mania: American Style Shopping Goes Global, which highlights how the modern shopping mall evolved from its invention in the 1950s in the United States to spread across the world.  Each segment highlights a different country, most of which are in the developing world, and there […]

Hudson’s Bay Co. bought by Lord & Taylor parent

Recently, 338-year-old Canadian retail giant Hudson’s Bay Company, which operates numerous chain nameplates such as discounter Zellers and The Bay department stores, received a takeover bid from U.S. retailer Lord & Taylor.  Already a minor shareholder in Hudson’s Bay Company, Lord & Taylor wouldn’t be the first American company to own this brand; the company is already owned by American Anita […]

Americans Really DON’T Need Cheap College Sweatshirts; AND Wal-Mart Gets a Re-Fresh?

From the news bin: Steve & Barry’s, whose wild success over the past five years has been every bit as puzzling as their business model and inventory of cheap goods, appears to be in deep trouble: NEW YORK (Reuters) – Retailer Steve & Barry’s LLC is readying plans to close more than 100 of its […]