A customer walks into the Grocery Outlet in Oakland. The Emeryville-based discount grocery chain will close 36 underperforming stores after reporting a $218.2 million fourth quarter loss. (Douglas Zimmerman/SFGATE) Grocery Outlet, the Emeryville-based discount grocer with a large Northern California footprint, said it plans to close 36 financially underperforming stores as it tries to improve profitability after…
Retail’s peak layoff season is in full swing — and it’s shaping up to be far worse than years past. Through October, US retailers cut over 88,000 jobs, a 145 percent increase from the same period in 2024, according to Challenger, Gray & Christmas, which helps companies navigate layoffs?. Amazon and Target are among the…
Fashion’s multi-brand retailers are under pressure with Canadian e-tailer Ssense the latest to feel the heat. Last month, the ailing Gen-Z favourite, once valued at more than $4 billion, said it was filing for bankruptcy protection, citing mounting debt amid changes to US trade policy, after creditors pushed for a sale. The news came just…
The Hamptons — a splattering of ritzy beach towns at the east end of New York’s Long Island — have become the official centre of fashion’s race to the top this summer. According to Kate Bartlett, a Manhattan-based content creator and fashion student who has worked with brands including Ralph Lauren, Carolina Herrera and Mango,…