Two luxury rivals are joining forces — and Amazon is getting in on the action

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Saks Fifth Avenue
Saks Fifth Avenue is purchasing Neiman Marcus in a mega luxury fashion merger.

John Greim/Getty Images

Dozens of stores you once loved that don't exist anymore

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Foxtrot exterior
Boutique convenience chain Foxtrot collapsed unexpectedly this year.

Bethany Biron/Insider

Walmart reduced its store fleet by 102 locations last year — a smart move for what's next

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The Walmart supercenter in Germantown, Wisconsin
Walmart is refocusing its physical retail strategy on bigger stores.

Dominick Reuter/Business Insider

More than 2,800 stores are closing across the US in 2023. Here's the full list.

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Store closing signs at a checkout counter of a Bed Bath and Beyond.
Bed Bath & Beyond closed 896 stores in 2023.

Ben Tobin

Starbucks is closing 7 San Francisco stores, as it expands delivery and new store formats. Here's the full list of closing locations.

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Starbucks customers wait in line.
Starbucks is closing several stores in San Francisco while renovating others.

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I visited one of the 9 Target stores about to close. I found sad customers, many of whom blamed theft, and throngs of students hanging out in the aisles.

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the exterior entrance of Target in East Harlem
The East Harlem Target slated to close is located in the East River Plaza shopping center.

Jennifer Ortakales Dawkins/Insider

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