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The two companies both shared store closure announcements this week, with JCPenney expected to close a "handful" by mid-2025 and Joann to shutter roughly 500 locations. The retailers join other ...
The company helping Big Lots through its bankruptcy process is selling the leases of more than 460 Big Lots stores across the U.S. – a sign those stores are among those likely to be closing.
U.S. retailers have announced more than 7,100 store closures through the end of November 2024, a 69% jump from the same time last year, according to recent data from research firm CoreSight.
The closing of many Big Lots stores, as part of its bankruptcy, come in tandem with closures announced by other retailers such as Macy's, Kohl's and Party City, and more recently, JCPenney and Joann.
The company plans to close 148 stores in 2025. But given its more than 13,000 store footprint, that leaves plenty of locations going strong — at least for now. 3.
The JCPenney store at Military Circle was named as one of 33 stores JCPenney announced on January 15, 2014, would close later in the year. [16] The Norfolk Economic Development Authority then bought the vacated anchor that December so the city would have a strategic say in the future of the mall property. [17] The Macy's store closed in early ...
Here is the full list of store locations that will be shuttered by the end of April 2025. ... employees of Party City were told that the company was closing and at the end of February 2025 ...
As part of a nationwide closing of 36 stores, Macy's closed its former Hecht's store at Virginia Center Commons in spring 2016. [10] On November 8, 2018, it was announced that Sears would be closing their location at Virginia Center Commons in early 2019 as part of a plan to close 40 underperforming stores. [ 11 ]