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Why Is JCPenney Closing More Stores? JCPenney filed for bankruptcy back in 2020. Since then, about 240 of its stores have closed. Right now, there’s about 650 locations left in the U.S.
Encore Books – permanently closed in 1999; Family Christian Stores – filed for bankruptcy in April 2015, forced to liquidate all stores in 2017; Harmony House – Michigan; Hastings Entertainment – filed for bankruptcy in June 2016. Remaining stores closed October 31, 2016 [132] Hollywood Video – ceased operations in May 2010 [133]
Blum's , originally M. Blum & Co., established 1907; [21] store appears to have closed shortly after death of owner and founder in 1940 [22] The Bon Marché (Los Angeles) (Le Sage Brothers Co.), 430–434 Broadway, Los Angeles, opened in 1907, closed within a year [23] Boston Stores (California), HQ in Inglewood and later Carson; liquidated 1989
All of its 300 stores have closed. ... retailer with $2.9 billion in sales and 16,000 stores. But even A&P couldn't weather the effects of the ... Basement stores were closed permanently.
See the full list of Rite Aid store closures for 2024. ... more than 500 stores have closed since 2023. ... CALIFORNIA: Lakewood: 5520 Woodruff Avenue.
MC Sports closed all stores in 2017 as a result of bankruptcy. [209] Michael Kors announced in 2017 that it would close 100 to 125 of its standalone stores over the next two years. [210] Microsoft announced on June 26, 2020 that the company would permanently close all but four of its 83 physical retail stores and focus on their e-commerce ...
As of today, 47 stores have been added to the chopping block, joining the 340 already slated to be closed last month. This is some severe belt tightening, but it is spread across the country.
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 ...