One retail brand’s comeback means another will close
Bankruptcy forced stores to close, but now the retailer with a 50-year legacy is getting a second chance at life.
American retailers have been on a rollercoaster for the last few years. First, the pandemic reduced foot traffic in stores across the country, which changed consumers' shopping habits, even as in-store shopping resumed.
More recently, uncertainty around tariffs has caused all sorts of reverberations in the business world.
Dozens of well-known names have closed underperforming stores and, in some cases, shut down altogether.
