Consumers are scared to go out and retailers are floundering. Is there a future for the traditional indoor shopping mall?
Dressing up is being dressed down – and that’s bad news for retailers that specialize in traditional office clothes.
After years of business attire becoming increasingly casual, the sudden transition to working from home for millions of Americans has undermined retailers that sell dress clothes.
Men’s Wearhouse, Jos. A. Bank, Brooks Brothers, Lord & Taylor, Ann Taylor, Loft and Neiman Marcus are among the retailers whose parent companies have entered Chapter 11 bankruptcy in recent weeks, having experienced