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In-N-Out Burger is closing one of its stores for the first time in its 75-year history. The Oakland, California, location will close due to crime issues.
The Big Lots store on Blackstone Avenue in north Fresno photographed on Wednesday, July 17, 2024. The discount retailer plans to shut down 35 to 40 stores this year to deal with its worsening ...
Target’s decision to close nine of its stores in major cities, citing persistent large-scale theft at those locations, is the latest signal that retailers may be struggling in their battle to ...
Liquidation sales began on May 22, and the stores closed by July 31. [166] Another 8 stores and a distribution center closed in 2018 while over 50 additional stores were expected to close between mid-2019 and late 2020. [167] [168] JCPenney filed for bankruptcy on May 15, 2020, and announced plans to close at least 242 stores. [169]
On April 23, 2018, it was announced that Sears would be closing its Parkway Plaza location as part of a plan to close 42 stores nationwide. The store closed in July 2018. [ 3 ] On May 13, 2019, it was announced that portions of the former Sears would become Ashley HomeStore , Bob's Discount Furniture , Burlington , and Extra Space Storage . [ 4 ]
In November 2012, West Covina's first Walmart opened at the Eastland Center at 120,000 sq ft, replacing Mervyn's and Levitz which closed in 2009 as a result of the chains' bankruptcies. [2] On February 26, 2024, it was announced that the Walmart location would be closing and the store closed on March 29, 2024. [3] [4]
Two Fresno-area gun stores have shut down after years in business. The owners of both businesses blamed strict California gun laws and high taxes as the primary reason for closing.
Over time, the store begins to underperform on sales and the retailer then has to look to other stores in its fleet to offset the losses due to theft, or close the store, he said. Retailers look ...