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Fred's, a variety store and pharmacy chain based in the southeastern United States, filed for Chapter 11 bankruptcy on September 9, 2019, and announced that all of its remaining stores would be liquidated. At the time of Fred's bankruptcy filing, 80 stores remained out of the 568 that the company had operated in February 2019; the company had ...
A "handful" of JCPenney locations are soon to be closing, a company spokesperson said, adding to the retailer's long list of shuttered stores since it filed for bankruptcy in 2020.
Macy’s is closing more than five dozen store locations across the United States as part of the company's ongoing reorganization strategy.. The retailer confirmed Jan. 9 that it was shuttering 66 ...
Many closures are the result of already-struggling companies reaching their breaking points and declaring bankruptcy
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.
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 ...
This isn't the first time Macy's has announced unfortunate news about store closings in recent years. The department store chain has closed roughly 300 stores since 2015, including closing 45 Macy ...
Like Sam Ash, Rue21 is also closing all of its stores — 541 of them across the United States. There are 31 Rue21 stores in North Carolina , including one at Triangle Town Center in Raleigh and ...