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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 ...
Waitrose closed four convenience shops and one supermarket in the UK in 2018. [58] This was followed by the announcement of twelve further store closures in 2019. [59] [60] In September 2020, a further four stores, Caldicot, Ipswich, Shrewsbury and Wolverhampton, were announced as closing, the latter having been sold to Tesco. [61]
Why the home goods retailer is scaling back. For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
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 ...
Target is closing 9 stores in 4 states (all blue). Walgreens is closing 900 stores (mostly blue),” the post reads. All three retail chains have closed, or plan to close, multiple store locations.
On October 15, 2018, it was announced that Sears would be closing as part of a plan to close 142 stores nationwide. [10] In August 2019, the demolition of the former Belk began. [11] On June 4, 2020, JCPenney announced that this location would close as part of a plan to close 154 stores nationwide. [12] This left Dillard's as the only anchor.
Big Lots was closing 11 locations in Florida. Now that number has more than doubled. Here's where stores are closing in Palm Beach County.