Retail Roundup—Alfred Angelo abruptly closes; border tax would cost jobs

wedding
Alfred Angelo abruptly closes stores

Walmart adds BTS items to click-and-collect

Walmart is adding back-to-school supplies to its online grocery shopping service. The retailer is also doubling the number of school items available for purchase online and for same-day in-store pickup. (CNBC)

Sears Canada approved to seek buyer

An Ontario judge has given Sears Canada permission to begin reaching out to potential buyers while under creditor protection. According to the decision, Sears can select one or more successful bids by Oct. 25. (CBC News)

Alfred Angelo abruptly shutters stores

Bridal boutique chain Alfred Angelo has shuttered about 10 out of 62 stores nationwide amid reports that the company is filing for bankruptcy. Many brides who have already ordered dresses and paid for them were sent into a panic and have yet to receive any reassurance from the brand. (Fortune)

Border tax would cost jobs

The National Retail Federation (NRF) has asked the House tax-writing committee to consider the repercussions on small retailers and their employees when reforming national tax code. The proposal for a border adjustment tax would hurt smaller retailers more than larger ones and would drive up the prices of imported goods, according to NRF. (BusinessWire)

Suggested Articles

Costco changes up its menu items, and Alibaba and Guess partner for a physical store.

Janey Whiteside, Walmart's new chief customer officer, is well acquainted with the importance of customer service in modern retail.

Whole Foods will offer deals on Amazon's Prime Day, and tariffs against China are causing pricing hikes.