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U.S. retailers have announced more than 7,100 store closures through the end of November 2024, a 69% jump from the same time last year, according to recent data from research firm CoreSight.
Sears will have a wave of closures in 2025 with only a few remaining stores that are mainly open in high-cost areas. Gamestop. GameStop’s struggles continue despite efforts to pivot its business ...
GameStop raised $933 million by selling shares to cash in on a meme stock rally last month, when the stock doubled in value, and raised an additional $2.14 billion earlier this month.
In November 2024, GameStop decided to cease operations in Germany, closing its remaining 69 stores by January 2025, as well as its warehouse and headquarters in Tannheim. [178] [179] [180] Also in November 2024, GameStop sold GameStop Italy to Cidiverte, a small Italian competitor which operates ten stores under the Gamelife brand.
7-Eleven closed 444 stores in 2024, indicating that the decline in business was due to slower foot traffic as consumers skipped on discretionary purchases. [3]99 Cents Only Stores announced on April 4, 2024 that its 371 locations in the Western United States would begin to close.
A&P – also known as The Great Atlantic & Pacific Tea Company; filed for bankruptcy for the second time in July 2015 and closed its last store in November 2015 [111] ABC Markets; ABCO Foods- former Arizona division of Alpha Beta spun off in 1984; stores closed by 2003; AJ Bayless- Arizona; stores sold to Bashas' in 1993
GameStop is turning some of its stores into retro locations, selling older consoles and games from franchises like Pokémon, Mario and Grand Theft Auto. ... 2024 at 7:26 PM. ... USA TODAY has ...
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 ...