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Aéropostale filed for Chapter 11 bankruptcy in May 2016 and closed 113 stores in the United States, along with all of its 41 stores in Canada. [10] It emerged from bankruptcy in September. [11] A'gaci filed for Chapter 11 bankruptcy in February 2018 and announced plans to close 49 of its 76 stores. [12]
The closing of many Big Lots stores, as part of its bankruptcy, come in tandem with closures announced by other retailers such as Macy's, Kohl's and Party City, and more recently, JCPenney and Joann.
See the list of 66 stores closing here or in the embed below: Big Lots Banners advertise closing sales for Big Lots in Hanover, Pennsylvania on Jan. 12, 2025, in Penn Township.
The company helping Big Lots through its bankruptcy process is selling the leases of more than 460 Big Lots stores across the U.S. – a sign those stores are among those likely to be closing.
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 ...
About 600 Family Dollar stores will close by the end of the year, and an additional 370 Family Dollar and 30 Dollar Tree stores are set to close in coming years as leases expire, Dollar Tree, Inc ...
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