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On December 20, 2024, the chain officially announced that it would shut down operations and close its near-700 stores effective immediately. [234] [235] Payless ShoeSource filed for bankruptcy in April 2017 and closed 400 of its stores. [236]
Bealls / ˈ b ɛ l z / was a Texan chain of department stores, owned by Stage Stores Inc. and headquartered in Houston, Texas. The store specialized in retailing desirable brand name apparel, accessories, cosmetics, footwear, and housewares. On May 11, 2020, it was announced that Stage had filed for bankruptcy and they soon began liquidating ...
The Abby Z flagship store opened in SoHo, New York at 57 Greene Street in 2008 and closed in 2009 [46] when its parent company filed for bankruptcy. [47] Anchor Blue – youth-oriented mall chain, founded in 1972 as Miller's Outpost. The brand had 150 stores at its peak, predominantly on the West Coast.
In 2023, the restaurant chain had around 300 restaurants. As of March 2024, it's down to a mere 27 stores, according to Restaurant Business. The closures were reportedly driven by landlord ...
Closing sales at all stores and online will begin on Nov. 5. So if you have an American Freight location near you and you’re in the market for a new couch or mattress, be sure to keep an eye on ...
For the record: 6:07 p.m. Nov. 21, 2024: An earlier version of this story incorrectly said the auto parts industry is a roughly $300 million industry.It should have said a roughly $300 billion ...
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 ...
The company’s stores are on average approximately 20,000 square feet, more than double the size of a typical dollar store chain. “It was like trying to run a McDonald’s on five times the ...