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Headlines highlighting large retailers closing hundreds of stores frequently grab massive attention. However, sometimes beneath the flashy titles lies a story of a strategic store optimization that is yielding strong…
Dick’s Sporting Goods has been one of the big success stories in the brick-and-mortar retail space. At a time when many rivals have been shrinking their physical store counts, the…
A major consumer company is considering a move that could put several familiar household brands on the market. The move comes as the company reassesses parts of its portfolio and…
“You don’t win friends with salad.” That’s a classic Homer Simpson line referring to his plan to host a barbecue where he cooks an entire pig, which horrifies his vegetarian…
Becoming a global powerhouse is extremely difficult, and not many retailers manage to conquer such different markets around the world. Its success in one market doesn’t guarantee performance in another,…
Back in the late 70s and early 1980s, my small town had a mom-and-pop convenience store, Paul’s Market, as well as one location of a regional chain, Richdale’s. It later…
After bankruptcy, ongoing restaurant closures, a sweeping restructuring, and years of financial pressure, a once-iconic seafood chain continues to shutter locations as it works to stabilize its business. The changes come…
Not paying back a business loan kicks off a process that can end up with the company being forced to liquidate. “A business loan goes into default when you repeatedly…
Costco has one of the most generous return policies in all of retail. The chain calls it a “Risk-Free 100% Satisfaction Guarantee” and explains its merchandise return policy as follows:…
