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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 ...
The closings began Tuesday, April 23. Five Express stores in Texas will be closing, according to KVUE: 5488 S. Padre Island Dr., Corpus Christi, TX 78411-4147. 13350 Dallas Pkwy, Dallas, TX 75240-6670
Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go to a few ...
The company helping Big Lots through bankruptcy is selling the leases of more than 460 Big Lots stores across the U.S., a sign those stores will likely be closing.. Gordon Brothers Retail Partners ...
The government of Texas's initial response to the COVID-19 pandemic in the state consisted of a decentralized system that was mostly reliant on local policies. As the pandemic progressed in Texas and throughout the rest of the country, the Texas government closed down several businesses and parks, and it eventually imposed a statewide stay-at-home order in late May.
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 ...
Founded in 1982, 99 Cents Only Stores operates in four states: California, Arizona, Nevada and Texas. Mr Simoncic said the “unprecedented impact” of the Covid-19 pandemic played a major part ...
Research published by global retail analyst IHL Group in 2019 suggests that the so-called retail apocalypse narrative was an exaggeration, with "more chains that are expanding their number of stores than closing stores.” [7] That year, retailers in the United States announced 9,302 store closings, a 59% jump from 2018, and the highest number ...