It looks like the economic halt was the straw that broke the camel’s back.
Tag: Retail Recession
Categories
Ikea Closes a Major Store
Ikea is closing a major retail store because of a failed $67 million experiment.
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Jeanswest's $50 Million Debt
The extent of Jeanswest’s financial troubles has been exposed.
Australia’s deteriorating market drove Kaufland to abandon Australia.
Unemployment is down during a retail recession.
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Lendlease Sells $850M Shopping Centre
Institutional money is leaving retail.
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Entitled Millennials Outraged
Entitled Millennials are outraged by a job ad.
Retailers are facing plunging consumer confidence.
Kauflands rush to abandon Australia has left them with a $600 million Australian property portfolio.
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Jeanswest Closures Continue
The Jeanswest closures continue with over 260 jobs gone.