Jaclyn Peiser

The news comes just two weeks after the parent company filed for bankruptcy. Only 12 off-price stores will remain open.

Aldi, known for its no-frills selection and store-brand products, plans to have 3,200 U.S. stores through 2028.

Gen Z is reimagining the trends its elders, embracing low-rise baggy and flare jeans, baby doll tops, fur-trimmed cable-knit V-necks, and sweatpants with numbers.

The announcement comes after Saks missed a $100 million interest payment connected to its nearly $2.7 billion acquisition of Neiman Marcus in 2024.

Businesses in vulnerable sectors found themselves caught between rising tariffs and beleaguered consumers.

For retail experts and economists, the takeaway on the holiday season varies widely, depending on the product category, brand and who’s buying.

The announcement follows a report that found discrepancies among consumers buying the same items from the same stores at the same time.

Consumers of all ages are looking to discs to get offline and away from algorithms, and for a younger generation, it’s seen as “vintage.”

Buffered by its strong customer loyalty, Costco has a track record of not yielding to the administration.

BNPL services continue to surge, while consumers continue to drift away from in-person shopping and impulse buys.