closures

What the retail apocalypse means for the American economy

The retail apocalypse over the past several years has devastated America's department stores, chains and mom-and-pops. Stores are closing at record levels. The number of people working in retail is on the decline.

Boots to close 200 stores in UK

Boots has announced plans to close 200 stores in the United Kingdom, making it the latest big retailer to take the knife to costs.