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The mall went further into decline in the 1980s and 1990s, due in part to the economic decline of the area after the cutbacks in aerospace jobs, white flight, and to competition from other shopping centers. In 1992, the mall was heavily looted and damaged during the 1992 Los Angeles riots, but sales stayed consistent following the unrest ...
GNC closed over 900 stores in 2019, including between 300 and 400 of the chain's 800 shopping mall locations, which have been particularly hard-hit by declining foot traffic at malls overall. [146] Godiva Chocolatier closed all of its North American retail locations in 2021 after the chocolate company faced a decrease in sales and foot traffic ...
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 ...
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 ...
On the brink of bankruptcy after years of declining sales, the retailer announced more store closures across the U.S., including several Southern California locations in Culver City, Glendora ...
Findbusinesses4sale used International Council of Shopping Centers data to identify states with the highest concentration of marketplaces. Malls are closing across the country. These states are ...
Vallco Shopping Mall (formerly called Cupertino Square and originally Vallco Fashion Park) is a mostly-demolished dead mall located in Cupertino, California, United States.. Originally built as a single-story shopping mall in 1976 with a lower level added in 1988 and a third-level movie theater added in 2007, it was anchored for most of its existence by Macy's, Sears, and J.C. Penn
All Billabong, Quiksilver and Volcom stores will close in the U.S. after their operator, Liberated Brands LLC, filed for bankruptcy on Sunday in the U.S. District of Delaware. Liberated Brands has ...