Search results
Results from the WOW.Com Content Network
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 ...
Full map including municipalities. State, territorial, tribal, and local governments responded to the COVID-19 pandemic in the United States with various declarations of emergency, closure of schools and public meeting places, lockdowns, and other restrictions intended to slow the progression of the virus.
The chain filed for its second bankruptcy and liquidation on August 7, 2019, [12] closing the remaining 54 stores [13] with plans to auction its intellectual property. [14] ALDO filed for bankruptcy on May 7, 2020, citing repercussions related to the COVID-19 pandemic as to why. [15] The shoe chain emerged from bankruptcy two years later. [16]
During a fourth-quarter earnings call, Tony Moralejo, the president of Applebee's, shared that Dine Brands Global, the chain's parent company, expects 25 to 35 more Applebee's locations will shut ...
Discount stores, such as Dollar Tree and Dirt Cheap, are among those retailers closing locations right now. See if your state is affected. Dirt Cheap Store Closings
However, by the end of 2019, it had shrunk by 40%, closing 42 stores. COVID-19 and the global recession surely didn't help the business to thrive. As of 2024, there are only 22 Pie Five ...
Signs on door of a Graeter's ice cream parlor in the Hyde Park neighborhood of Cincinnati during government-mandated closings. The COVID-19 pandemic impacted the United States restaurant industry via government closures, resulting in layoffs of workers and loss of income for restaurants and owners and threatening the survival of independent restaurants as a category.
But now, Macy's is forging ahead and closing 45 more stores in the year ahead in hopes to try out smaller store formats and only have a presence at top-tier malls, as noted by CNBC.