Burlington dropped a bombshell during its latest earnings call.
Struggling retailer looks to reduce expenses by roughly $85 million annually.
The nation’s retail sales will increase between 3.5% and 4.1% in 2020.
After several years of trying to right its business, Pier 1 Imports faces an uncertain future.
Men are looking for deals, among other things, according to a shopping-habits study.
Upscale stationery and gifts retailer Papyrus is closing up shop.