Search results
Results from the WOW.Com Content Network
Sam Ash Music, a musical instrument retailer, announced in March 2024 that it would close 18 of its stores. It later announced in May 2024 that it would close all 42 locations by the end of July 2024. Competition from online shopping was blamed as a reason for the closures. [264] Sam's Club, a subsidiary of Walmart, closed 63 stores in 2018.
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.
On February 28, JCPenney announced its intent to close 27 stores in 2019, including 18 full-line department stores and nine home-and-furniture stores. The closure announcement was paired with news that the retailer had suffered a 4% decline in same-store sales during the 2018 holiday quarter. [ 67 ]
For premium support please call: 800-290-4726 more ways to reach us
The store closed in October 2019. [5] On June 4, 2020, JCPenney announced that this location would close as part of a plan to close 154 stores nationwide, leaving Belk and Bealls as the only anchor stores in the mall. There is also a Planet Fitness and a smoothie vendor. [6] During the COVID-19 pandemic, the former JCPenney location became a ...
The beginning of the pandemic in 2020 flushed out some of the remaining weakest chains like Sears, JCPenney, Pier 1 and others that filed for bankruptcy and closed stores. Around 9,700 stores ...
More store closings have been announced for JCPenney, including a Mississippi and Texas store. The department store chain has closed 174 stores. JCPenney closing more stores after bankruptcy.
On August 22, 2018, it was announced that Sears would be closing as part of a plan to close 46 stores nationwide. The store closed on November 25, 2018. [ 11 ] On February 28, 2019, it was announced that JCPenney would also be closing on July 5, 2019 as part of a plan to close 27 stores nationwide which left Macy's as the sole anchor. [ 12 ]