Payless ShoeSource filed for bankruptcy protection on Sunday evening, as the shoe retailer prepares to wind down its 2,500 U.S. stores. CNBC previously reported the chain was preparing for a potentially imminent bankruptcy. In hopes […]
“It’s 100-percent different than any other Starbucks,” Alex Shtefan, a Ukrainian living in Bali told CNBC. He said he’s been visiting regularly since it opened and likes to work from his phone inside the cafe. […]
Another wave of store closures is expected to hit shopping centers and malls this year with “no light at the end of the tunnel,” according to a new research report. Retailers have already announced 2,187 […]
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