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- 148-year-old mall retailer closes stores as shopping trends shift▼48-year-old mall retailer closed stores as trends change
A mall retailer that has been in business for 48 years is closing store locations as consumer shopping habits change. The closures reflect the broader pressure on traditional mall-based chains, which have struggled to keep up with shifting trends and the move toward online shopping. No further details about the company's name, number of affected stores, or potential layoffs were provided.
- 2Mall retailer closes 16 stores, partners with Drake●Popular mall retailer quietly closes 16 stores, then bets on Drake
A well-known mall-based retailer has quietly shut down 16 locations while simultaneously announcing a business move involving the Canadian rapper Drake. The store closures add to ongoing pressure on shopping-mall chains, which have been trimming footprints as consumer habits shift. The tie-up with Drake suggests the brand is turning to celebrity-driven marketing to revive interest and attract younger shoppers.