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Saturday, October 24, 2020  Spokane, Washington  Est. May 19, 1883
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Gap Inc. exiting malls, to shutter 350 stores by 2024

The San Francisco-based retailer, which was for decades a fixture at shopping malls around the country, said Thursday it will be closing 220 of its namesake Gap stores – or one-third of its store base – by early 2024. That will result in 80% of its remaining Gap stores being in off-mall locations.

Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt

The company that says it's put 40 U.S. presidents in its suits survived two world wars and navigated through casual Fridays and a loosening of dress standards even on Wall Street, but the coronavirus pandemic pushed the 200-year-old company into seek Chapter 11 protection Wednesday.

Then and Now: Bernards and Zukor’s

There was an era in Spokane when women dressed fashionably to shop downtown. Suits, dresses, hats and smartly tailored coats, often trimmed in fur, were important accessories.

Retail woes drag takeover premiums to lowest level since 2008

The retail trends that are keeping U.S. shoppers away from malls are also putting a damper on deal-making. The number of mergers involving apparel, shoes and jewelry dropped 12 percent to 115 in the past year. And the transactions that are getting done are fetching the smallest premiums since the recession in 2008. They plunged to 3.4 percent from 23 percent a year earlier, according to data compiled by Bloomberg.

American Apparel bankruptcy deal leaves retail future in doubt

American Apparel, once a high-flying retailer that peaked at more than $600 million in sales, is probably headed toward liquidation after a bankruptcy auction ended with Canadian T-shirt and underwear maker Gildan Activewear buying intellectual property and other assets for $88 million.

American Apparel files for bankruptcy protection, again

American Apparel is seeking bankruptcy protection for the second time in just over a year, unable to find its footing in a shifting retail landscape and after a contentious fight for control with company founder Dov Charney.

American Apparel reportedly preparing for second bankruptcy

American Apparel is preparing for its second bankruptcy filing in as many years, according to people familiar with the situation, capping a tumultuous stretch that included tumbling sales, red ink and a split with controversial founder Dov Charney.

Why have upscale retailer Nordstrom and other apparel giants lost their luster?

In mid-August of last year, warning signs at the Seattle headquarters of Nordstrom Inc. first became apparent. Up to that point, the upscale apparel retailer, with $14 billion in annual sales, had enjoyed several years of steady sales growth and expansion. Its stock had climbed to a record high of about $80 a share.

Teen killed when men broke into tattoo shop, witness tells police

The teenager killed early Tuesday at a North Monroe tattoo shop was shot during a robbery attempt, witnesses told police. Ceasar Medina, 17, suffered gunshot wounds to his neck and chest, according to the Spokane County Medical Examiner’s Office. He died before he could be taken to the hospital. Police are still looking for the killer, described by police as a 5-foot-9 black man with curly hair and a thin build.

Area Seahawks fans feed on football frenzy

There is no Cascade Curtain when it comes to Seahawks pride. As Seattle’s National Football League team gears up for its second Super Bowl appearance in as many years, Eastern Washington and North Idaho are, to borrow a team slogan, all in again.