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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.
Bad news for the crafters out there: more Joann fabric and craft stores are slated to close in the coming weeks, according to industry and local reports.. The retailer, which operates around 850 ...
That list was updated recently with more than 200 more Big Lots locations, with the leases up for sale and offers due by Feb. 17. The closing of many Big Lots stores, as part of its bankruptcy ...
All 60 Cath Kidston stores to close after collapse. [95] On April 30, Oasis and Warehouse permanently close all their stores and online shopping with the loss of more than 1,800 jobs. [96] Sharon White, John Lewis boss, hints that some of their shops may not re-open after the pandemic. [97] Debenhams files for administration [98]
Earlier this year, the discount retail chain Big Lots filed for bankruptcy, announcing it would be closing hundreds of stores nationwide. Today, that store closure count climbs higher.
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 ...
Big Lots announced in its filing with the Securities and Exchange Commission plans to open three new stores while closing up to 40 locations before the end of the year. Big Lots plans on closing ...
Big Lots was the fourth-largest home goods retailer in the U.S. when it filed for bankruptcy, with $4.7 billion in 2023 revenue, 1,392 stores at the beginning of 2024, and more than 27,000 employees.