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Big Lots announced in its filing with the Securities and Exchange Commission plans to open three new stores while closing up to 40 locations before the end of the year. Big Lots plans on closing ...
Big Lots was the fourth-largest home goods retailer in the U.S. when it filed for bankruptcy, with $4.7 billion in 2023 revenue, 1,392 stores at the beginning of 2024, and more than 27,000 employees.
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.
In July, Big Lots announced it planned to close 35 to 40 stores across the country. The company has since initiated Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware ...
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 ...
All 60 Cath Kidston stores to close after collapse. [95] On April 30, Oasis and Warehouse permanently close all their stores and online shopping with the loss of more than 1,800 jobs. [96] Sharon White, John Lewis boss, hints that some of their shops may not re-open after the pandemic. [97] Debenhams files for administration [98]
Joann, the embattled fabric and craft store, announced plans to close over 500 locations. Court documents show which ones - see the full list here. Joann closing 500 fabric and craft stores in 49 ...
Kohl’s is closing 27 stores across more than a dozen states as the struggling retailer looks to improve profitability. The closures, to be completed by April, are a small fraction of the chain ...