• Monday , 16 January 2017

Retail

Cashback News: US Retail, Who’s closing, struggling, surviving retail chaos?

Cashback News: US Retail, Who’s closing, struggling, surviving retail chaos?

Dick's Sporting Goods absorbs Golfsmith, 60 US stores will close. Watch and accessories retailer Fossil will close some of its 610 international stores the numbers have not yet been released. Office Depot continues plans to close 300 stores over five years including 65 in 2016 Q4. American Apparel may be planning a second bankruptcy after missing a $2.5 million payment to creditors. Performance Sports Group, maker of Bauer hockey and Easton baseball gear, announced bankruptcy plans.

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Cashback News: Ecommerce & retail holiday news roundup

Cashback News: Ecommerce & retail holiday news roundup

Leading into the critical US holiday shopping season, we've got our latest look at the e-commerce and retail news roundup. It starts with Adobe's 2016 Digital Insights Shopping Predictions for $91.6 billion in total sales and $1 billion online. According to McKinsey, 39% of US and 42% of UK shoppers will do the majority or all their shopping online this year.

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