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Business & Lifestyle

Store closures rocked retail in 2017, with 2018 bound to be no different

NEW YORK (Heartland Newsfeed/CNBC) -- A larger-than-average slew of retail bankruptcies and stores being shuttered rocked the industry this year, making headlines and dragging even some of the better-performing companies such as Home Depot, TJ Maxx and Costco down with the dismal news. So far in 2017, 6,985 store closure announcements have been made, according to a tracker from FGRT (formerly Fung Global Retail & Technology). That's up more than 200 percent from a year ago, based on the firm's […]

todayDecember 27, 2017 58

Business & Lifestyle

Effingham Kmart to see its last holiday shopping season

EFFINGHAM (Heartland Newsfeed) -- The Effingham Kmart on North Keller Drive is one of 45 Kmart outlets that will close in January as parent company Sears Holdings continues its wave of store closures, a Business Insider report said. The Effingham Kmart is the only Illinois outlet affected by the recent announcement, which also heralded the closure of 18 Sears stores throughout the country. The stores will all remain open throughout December for the holiday shopping period and close in January. […]

todayNovember 16, 2017 3

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