Tag Archives: Stores

Photos show just how empty stores are on a Black Friday unlike any other


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Sears and Kmart closing more stores in late 2019 and early 2020. Is your location closing?

Sears and Kmart closing more stores in late 2019 and early 2020. Is your location closing?More than 100 Kmart and Sears stores will close by the end of 2019 and more closures are expected to continue into early 2020.



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U.S. Stores Are Asking Customers To Stop Openly Carrying Weapons—But Can They Actually Enforce a Restriction on Guns?

U.S. Stores Are Asking Customers To Stop Openly Carrying Weapons—But Can They Actually Enforce a Restriction on Guns?Chains across the U.S. have asked customers not to openly carry firearms in their stores. Here's what that means for customers and employees



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Under siege in Nigeria, South African businesses shut stores

Under siege in Nigeria, South African businesses shut storesABUJA/JOHANNESBURG (Reuters) – South African companies MTN and Shoprite closed stores in Nigeria on Wednesday in the face of attacks targeting their premises in retaliation to similar violence in their home country. Nigeria’s vice president is also boycotting an economic forum in Cape Town on boosting intra-African trade, the country’s foreign minister said, after days of rioting in South Africa aimed at foreign-owned businesses. At a Shoprite supermarket on the outskirts of the Nigerian capital Abuja, hundreds of protesters tried to break into the premises, throwing stones, setting fire to tires and nearly overwhelming police protecting the site.



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Police are investigating a social media threat of the 'biggest mass shooting in modern American history' targeting Walmart stores in Missouri

Police are investigating a social media threat of the 'biggest mass shooting in modern American history' targeting Walmart stores in MissouriThe threat was posted this week to Reddit by someone claiming to have two AR-15 semi-automatic weapons and 22 pipe bombs.



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Paris luxury stores looted, burned in 'yellow vest' riots

Paris luxury stores looted, burned in 'yellow vest' riotsRioters looted and torched shops and businesses on the famed Champs-Elysees avenue in Paris on Saturday, on the 18th weekend of French “yellow vest” protests, characterised by a sharp increase in violence after weeks of dwindling turnout. President Emmanuel Macron cut short a ski weekend in the Pyrenees mountains as hooded protesters went on the rampage in Paris, leaving a trail of destruction in the touristic heart of the city. The police appeared overrun as protesters swarmed the Champs-Elysees, vandalising and later setting fire to Fouquet’s brasserie, a favourite hangout of the rich and famous for the past century — as well as luxury handbag store Longchamp, a bank, another restaurant and several news stands.



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Tesla reverses course on price cuts amid plans to keep most stores open

Tesla reverses course on price cuts amid plans to keep most stores openOne of the more interesting and admirable things about Tesla over the years has been the company's clear vision and unwavering adherence to a coherent product strategy. As laid out in the first installment of Tesla's master plan more than a decade ago, the company described in clear terms its plan to revolutionize the auto industry by using profits from pricier electric vehicles to develop and manufacture a mass market EV, a car we now know as the Model 3. Recently, though, Tesla seems to be somewhat prone to waffling as opposed to sticking with a coherent game plan. Late last month, for example, Tesla at long last announced the long-overdue arrival of the $ 35,000 Model 3. The company also announced that it would be closing nearly all of its stores and that the Model S and Model X would also see some slight price reductions. Not even two weeks later, Tesla has had something of an about-face. Perhaps realizing that closing the majority of its stores was a short-sighted move, the company over the weekend announced that it will keep most of its stores open and that the promised price cuts for the Model S and Model X won't be implemented. Tesla's updated announcement on the matter can be viewed below: > Last month, we announced that we would be winding down many of our stores and moving to online-only sales in order to pass the savings along to our customers. Over the past two weeks we have been closely evaluating every single Tesla retail location, and we have decided to keep significantly more stores open than previously announced as we continue to evaluate them over the course of several months. When we recently closed 10% of sales locations, we selected stores that didn’t invite the natural foot traffic our stores have always been designed for. These are stores that we would have closed anyway, even if in-store sales made up our entire sales model. A few stores in high visibility locations that were closed due to low throughput will be reopened, but with a smaller Tesla crew. In addition, there are another 20% of locations that are under review, and depending on their effectiveness over the next few months, some will be closed and some will remain open. As a result of keeping significantly more stores open, Tesla will need to raise vehicle prices by about 3% on average worldwide. In other words, we will only close about half as many stores, but the cost savings are therefore only about half. Potential Tesla owners will have a week to place their order before prices rise, so current prices are valid until March 18th. There will be no price increase to the $ 35,000 Model 3. The price increases will only apply to the more expensive variants of Model 3, as well as Model S and X. To be clear, all sales worldwide will still be done online, in that potential Tesla owners coming in to stores will simply be shown how to order a Tesla on their phone in a few minutes. And the generous return policy of 1000 miles or 7 days, whichever comes first, should alleviate the need for most test drives. However, cars will still be available for test drives at stores at the potential Tesla owner’s request. Stores will also carry a small number of cars in inventory for customers who wish to drive away with a Tesla immediately.All in all, this seems like the right move for Tesla. Though the company noted that most orders occur through the Tesla website, that's probably a function of eager Tesla buyers willing to pull the trigger with not so much as a test drive. If Tesla truly wants to hasten the adoption of EVs, though, it needs physical retail locations where complete strangers to the Tesla brand can learn about the company and schedule test drives.



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Chico's will close at least 250 stores to better compete in the age of Amazon

Chico's will close at least 250 stores to better compete in the age of AmazonChico's says it will close at least 250 stores to better compete amid a retail landscape roiled by the rise of online shopping and fast fashion



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California Will Become First State to Require Pet Stores to Sell Only Rescue Animals

California Will Become First State to Require Pet Stores to Sell Only Rescue AnimalsThe bill, "would require all sales of dogs and cats authorized by this provision to be in compliance with laws requiring the spaying or neutering of animals, as specified."



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Sears to close 80 more Sears and Kmart stores: Here's the list

Sears to close 80 more Sears and Kmart stores: Here's the listAs Sears Holdings' bankruptcy effort awaits a potential bidder, the company announced 80 more Kmart and Sears stores it will close within two months.



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