The home goods retailer said weak sales and slower foot traffic had forced it to consider options for restructuring, including bankruptcy.
Tag: Black Friday and Cyber Monday (Shopping)
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Retail Sales Fell in November, Despite Black Friday
With food and gas prices still high, U.S. shoppers were more reluctant to spend on more discretionary items as the holiday shopping season arrived.
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Why Retailers Are Trying Extra Hard to Woo Holiday Shoppers
With an economic slowdown a distinct possibility, stores hope customers’ willingness to open their wallets will last through the season.
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Black Friday Shoppers Worry About Economy as Retailers Push Sales
Black Friday deals returned, drawing shoppers back into stores, but inflation worries left many companies unsure what the holiday shopping season would look like.
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Billions of Dollars at Stake in a Puzzling Holiday Shopping Season
It promises to be unpredictable, with retailers and consumers still figuring out how much will be spent and on what kinds of goods.