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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.
Encore Books – permanently closed in 1999; Family Christian Stores – filed for bankruptcy in April 2015, forced to liquidate all stores in 2017; Harmony House – Michigan; Hastings Entertainment – filed for bankruptcy in June 2016. Remaining stores closed October 31, 2016 [132] Hollywood Video – ceased operations in May 2010 [133]
In 2022, Bob’s Stores was sold to GoDigital Media Group. Bob’s joins a growing number of retail bankruptcies in 2024, spurred from a slowdown in consumer spending and rising inflation.
According to NBC, more than 500 stores have closed since 2023. ... 9 Underrated Costco Items You Should Add to Your Shopping List Now. Food. Delish. Transport Yourself To Italy (& Beyond!) With ...
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 ...
Kohl’s is slated to close more than two dozen store locations across the United States. On Jan. 9, the retailer announced a series of “real estate changes” for the new year, including the ...
Macy’s is closing more than five dozen store locations across the United States as part of the company's ongoing reorganization strategy.. The retailer confirmed Jan. 9 that it was shuttering 66 ...
MC Sports closed all stores in 2017 as a result of bankruptcy. [205] Michael Kors announced in 2017 that it would close 100 to 125 of its standalone stores over the next two years. [206] 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 ...