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Big Lots announced it was closing more than 300 stores across the U.S. The news came after the company announced a 10 percent sales drop, equating to about $205 million.
Kohl's said said employees at the affected stores will either be offered severance pay or the opportunity to seek work at another location. The publicly listed retailer operates more than 1,150 ...
JCPenney will close eight locations this year, a company spokesperson said, adding to the list of more than 200 closures since the company filed for bankruptcy five years ago.. JCPenney announced ...
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 ...
On August 21, 2020, Kohl's announced that they will permanently close their store at Golf Mill to relocate to a brand new shopping center in Morton Grove, Illinois, called Sawmill Station. The store officially closed on Halloween 2020. [11] A Burlington store opened on October 29, 2021, in the first floor of the former space. [12] [13]
An H&M store opened on August 9, 2018. [10] On April 18, 2018, Carson's parent company The Bon-Ton Stores, announced that they will close all Carson's locations, including the Ford City location as a result of their bankruptcy. The store closed on August 29, 2018. The closure of Carson's left JCPenney as the remaining anchor. [11]
The previous Lord & Taylor store is planned for reconstruction as part of a future enhanced development including additional retail, an outdoor plaza, and residences. [21] In November 2021, Barnes & Noble announced that it would be permanently closing their store in this location after Unibail-Rodamco-Westfield did not renew the store's lease. [22]
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.