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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.
Over 100 U.S. locations will shutter. So long, Billabong. Virtually all Quiksilver, Billabong, and Volcom stores are shutting down in the U.S., and roughly 1,400 employees will be laid off
Crafters in 49 states may want to think about stocking up on supplies, as fabric and craft chain Joann prepares to close more than half of its U.S. locations.. The retailer told USA TODAY in a ...
Investment bank UBS projected that around 50,000 or so U.S. stores will close by 2027, reported Forbes. ... which is closing 13 stores. Here’s a list of Dirt Cheap closings by state as sourced ...
You'd think a chain like Best Buy would be immune to store closures given the number of consumers who prioritize spending on electronics. But Best Buy is making plans to close 10 to 15 stores in 2025.
The company reported net income of $22 million, down from $59 million for the same period in 2023. Kohl's shares have fallen more than 50% of the last 12 months.
1. How Many Big Lots Stores Are Shutting Down? As of today, 47 stores have been added to the chopping block, joining the 340 already slated to be closed last month.This is some severe belt ...
Franchise Group, Inc., also known as FRG, filed for Chapter 11 bankruptcy protection and restructuring and will be closing its American Freight stores.