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MC Sports closed all stores in 2017 as a result of bankruptcy. [209] Michael Kors announced in 2017 that it would close 100 to 125 of its standalone stores over the next two years. [210] Microsoft announced on June 26, 2020 that the company would permanently close all but four of its 83 physical retail stores and focus on their e-commerce ...
Fry's Electronics – Closed permanently in 2021 after 35 years as a result of low sales, and potentially bankruptcy and liquidation due to online competition and the COVID-19 pandemic; Future Shop – Closed in the US 1999. Bought out by Best Buy 2001.
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.
By late July, nearly 16,000 restaurants had permanently closed. [1] Restaurant closures started March 15 when Ohio Governor Mike DeWine ordered all bars and restaurants in the state to close their dining rooms and bars; within a week most other states followed suit. By March 23, industry experts were estimating nearly half of the industry's 15 ...
All 13 locations closed permanently in late 2020, with company officials attributing the decision to rising food and operational costs even once restaurants had reopened from their initial COVID ...
Fifty U.S. stores and one in Canada are slated to close this year, the retailer's parent company L Brands said in an earnings report. Bath & Body Works closing 50 US stores after coronavirus ...
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]
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