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Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Dirt Cheap filed for bankruptcy on October 10, 2024 and announced that all of its discount stores would be liquidated. [116] The Walt Disney Company announced on March 3, 2021 that at least 60 of its physical Disney Store locations in North America would close; instead, the company would focus more on its e-commerce operations. [117]
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.
Stein Mart stores sold recent trends in clothing for both men and women. Additionally, home decor, accessories, and shoes were all available at discounted prices. In August 2020, the company announced that it had filed for Chapter 11 bankruptcy due to the COVID-19 pandemic, and that it planned to close all of its 279 stores. [1]
Investment bank UBS projected that around 50,000 or so U.S. stores will close by 2027, reported Forbes. Reasons for the closures include a lag in consumer spending, banks being less willing to ...
Bob’s Stores, a discount store located in northeast America, is shutting down after seven decades in business. The retailer recently filed for Chapter 11 bankruptcy protection, and as a result ...
Gantos – a women's specialty clothing retailer based in Grand Rapids, Michigan. In late 1993, the company announced bankruptcy reorganization, closing 50 stores between 1993 and 1994, [58] and the chain announced the liquidation of its remaining 114 stores by the end of the decade, ceasing operations in 2000. [59]
Through July 14, all remaining Bob's locations will be offering liquidation-level discounts on the stores' trademark workwear, footwear, team wear and everyday family-oriented clothing.
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