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Retail industry closures soared in 2024, with more than 7,100 stores shutting down through the end of November — a 69% jump from the same time last year, according to research firm CoreSight.
Store-closing sales at the affected stores began April 23. Macy’s announced in February that it would close about “ 150 unproductive locations , including approximately 50 by the end of the ...
Kohl’s is slated to close more than two dozen store locations across the United States. On Jan. 9, the retailer announced a series of “real estate changes” for the new year, including the ...
Kohl's Is Downsizing. Kohl's is set to close 27 underperforming stores across 15 states by April 2025, the chain announced in a recent press release. The closures represent about 3% of the ...
Kohl's is closing 27 stores across 15 different states in the U.S. by April 2025. Here's a list of the locations affected and info on Kohl's financial trouble.
Investment bank UBS projected that around 50,000 or so U.S. stores will close by 2027, reported Forbes. Reasons for the closures include a lag in consumer spending, banks being less willing to ...
JCPenney announced plans to close more than 200 locations across the country after the retailer filed for Chapter 11 bankruptcy protection in May 2020. The chain was later acquired by Simon ...
In 2021, it announced plans to close 900 stores by 2024. Walgreens said in 2019 it would close 200 stores and in June announced an additional 150 store closures.