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Research published by global retail analyst IHL Group in 2019 suggests that the so-called retail apocalypse narrative was an exaggeration, with "more chains that are expanding their number of stores than closing stores.” [7] That year, retailers in the United States announced 9,302 store closings, a 59% jump from 2018, and the highest number ...
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
On February 6, 2020, it was announced that Sears would be closing as part of a plan to close dozens of stores nationwide. The store closed in April 2020. [23] The mall closed almost all stores during the COVID-19 pandemic starting in mid-March 2020, with the exception of Walmart. [24] Hilltop Mall
Findbusinesses4sale used International Council of Shopping Centers data to identify states with the highest concentration of marketplaces. Malls are closing across the country. These states are ...
SAN FRANCISCO (AP) — California-based 99 Cents Only Stores said Friday it will close all 371 of its outlets, ending the chain's 42-year run of selling an assortment of bargain-basement merchandise.
95% of Kohl's 1,158 stores are located off-mall and in other areas away from enclosed shopping centers. Read more: Kohl's CEO explains how the retailer has avoided the department store meltdown
On February 6, 2020, a woman from San Jose, California, became the first COVID-19 death in the U.S., though this was not discovered until April 2020. The case indicated community transmission was happening undetected in the state and the U.S., most likely since December.
Apple is closing 77 stores across 11 states that are seeing new coronavirus spikes.