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Meanwhile, in Central Illinois, WMBD-TV reported that the fast-food chain shut down about four locations in the Champaign and Decatur areas, including restaurants in Mattoon and Clinton.
Town Shoes, owned by DSW, announced on August 29, 2018 that all of its stores in Canada would close. The stores shut down by early 2019. [290] Toys "R" Us filed for Chapter 11 bankruptcy in September 2017 with over $5 billion in debt. [291] [292] It announced that its Canadian subsidiary would seek bankruptcy protection in parallel proceedings ...
GEM – initially called Government Employees Mutual Stores, and later Government Employees Mart before settling on G. E. M. Membership Department Stores, a profit-making company that was aimed at the governmental employees market; first store was opened in Denver in 1956; [190] after several expansions, the company filed for bankruptcy in 1974 ...
In 2023, the restaurant chain had around 300 restaurants. As of March 2024, it's down to a mere 27 stores, according to Restaurant Business. The closures were reportedly driven by landlord ...
Yes, it seems like more Big Boy locations will be closing soon. There are eviction hearings scheduled for at least four other Frisch’s Big Boy locations next week. Since the landlord claims that ...
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 ...
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 ...
The company has decided to close all American Freight stores nationwide. There are 365 stores in 40 states, so it’s a large brand. Closing sales at all stores and online will begin on Nov. 5.