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Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
The craft store world got a little smaller in November 2019, when A.C. Moore's parent company announced it would close the chain's 145 stores, mainly found on the East Coast. Major competitor ...
On November 27, 2019, Toys "R" Us re-entered the American market with a retail store at Westfield Garden State Plaza in Paramus, New Jersey. On December 7, 2019, a second location was opened at The Galleria in Houston, Texas. Both stores were permanently closed in early 2021.
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 ...
A grocery store chain that flourished throughout Indiana and Ohio, eventually opening dozens of stores, Marsh Supermarkets filed for bankruptcy in 2017. Founded in 1931, it lasted for 88 years ...
The giant home goods retailer, Bed Bath and Beyond, has officially declared bankruptcy. This is a clear continuation of the unprecedented change in the U.S. retail industry over the past few years....
The chain operated over 2,000 stores worldwide. Stores included lunch counters and fountain service as well as full department stores. It also operated Jupiter stores which were a smaller-scale version of Kresge's and located in downmarket or declining commercial districts (the equivalent of a "dollar store" division of Kresge's). Jupiter ...
America is preparing to say goodbye to another big name retail chain. ... Big Lots filed for Chapter 11 bankruptcy protection weeks after announcing plans to close 340 stores across the United States.