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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.
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 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 ...
A projected 15,000 stores are expected to close between now and the end of December, and some of the retailers that are shutting down the most locations may surprise you. 10. Best Buy
Many closures are the result of already-struggling companies reaching their breaking points and declaring bankruptcy
Mercer said the retailers that are shuttering stores tend to fall in three categories: They are closing all locations as part of a liquidation, such as Party City; shutting down many of their ...
1. How Many Big Lots Stores Are Shutting Down? 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 ...
99 Cents Only Stores is closing all of its 371 locations across the US as the company begins to wind down its business operations. The budget retailer announced the closures on Thursday, with ...