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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.
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
In total, more than 15,000 stores are expected to close in 2025 — more than double the amount of last year, according to Coresight Research. For more CNN news and newsletters create an account ...
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 ...
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 ...
Best Buy plans to close 10-15 stores in fiscal year 2025, company representatives said during an earnings call in February. This continues the electronics retailer’s practice of closing ...
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 ...
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