Major Retailer Shopko to Close All Its Stores in 2019
Business

Major Retailer Shopko to Close All Its Stores in 2019

Physical retailers have been going bankrupt at an alarming rate, and now it was time for Shopko. The rural retailer was in huge debt and it will shut down its operations by June.
American Retail Icon Sears Files for Bankruptcy
Business

American Retail Icon Sears Files for Bankruptcy

Sears, one of America’s most renowned retailers, has filed for Chapter 11 bankruptcy. It seems the staggering losses suffered in recent years and the crashing debt have finally taken their toll.
Toys “R” Us is Planning to Close All of Its US Stores
Business

Toys “R” Us is Planning to Close All of Its US Stores

Toys “R” Us announced that it will be closing or selling all of its stores in the US after filing liquidation papers on Thursday.

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