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N Team

Another Home Depot hardware rival files Chapter 11 bankruptcy

A challenging housing market and consumers’ reluctance to spend on renovation projects have impacted the hardware and home improvement retail sector, affecting giant retailers like Home Depot and Lowe’s, as well as their smaller competitors, such as regional chain Chase Ace Hardware. The impact on the sector led to depressed sales for many retailers, including

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Global retailer closes 106 stores despite rising sales

An established global retailer has been quietly shrinking its physical footprint across dozens of markets, leaving behind vacant mall storefronts and shuttered standalone locations around the world. At first glance, the closures might suggest weakening demand. But shoppers haven’t abandoned their favorite brands. Instead, they’re changing how they browse, buy, and interact with retailers. That

Global retailer closes 106 stores despite rising sales Read More »