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As October draws to a close, so too will the doors of Stop & Shops stores in five states come November. The grocer first announced the closure of 32 "underperforming" stores in July, saying ...
The COVID-19 pandemic has taken a sharp economic toll on the retail industry worldwide as many retailers and shopping centers were forced to shut down for months due to mandated stay-at-home orders. As a result of these closures, online retailers received a major boost in sales as customers looked for alternative ways to shop and the effects of ...
Macy’s and Kohl’s store locations across the nation will soon be going dark, according to Thursday news releases from both companies. Here’s what to know. Kohl’s announced “real estate ...
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 ...
Fifty U.S. stores and one in Canada are slated to close this year, the retailer's parent company L Brands said in an earnings report. Bath & Body Works closing 50 US stores after coronavirus ...
IHL also reported that the number of chains adding stores in 2019 had increased 56%, while the number of closing stores decreased by 66% in the last year. [7] [21] As of May 2020, bankruptcies and store closings were expected to intensify due to widespread business closures and the resulting financial impact of the COVID-19 pandemic. J.
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 is closing 27 underperforming stores around the U.S. as ailing big-box retailers continue shrinking their footprint. Kohl's is closing 27 stores. Here's which ones are shutting their doors.