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Party City closed 45 of its 870 stores in 2019, up from its usual 10 to 15 closures each year. [230] On January 18, 2023, Party City filed for Chapter 11 bankruptcy, [231] and a month afterward, announced the closure of 22 stores. An additional 9 stores were added to the closing list in April as well as 4 more locations in May. [232]
On February 28, JCPenney announced its intent to close 27 stores in 2019, including 18 full-line department stores and nine home-and-furniture stores. The closure announcement was paired with news that the retailer had suffered a 4% decline in same-store sales during the 2018 holiday quarter. [67]
More store closings have been announced for JCPenney, including a Mississippi and Texas store. The department store chain has closed 174 stores. JCPenney closing more stores after bankruptcy.
On February 28, 2019, it was announced that JCPenney would be closing as part of a plan to close 27 stores in the U.S.; the store closed on July 5, 2019. [39] On June 5, 2019, Gaithersburg City Councilmember Ryan Spiegel tweeted that Lord & Taylor was planning to close. The store closed on September 15, 2019, as scheduled.
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Belk announced its closure in December 2013. [9] 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 ...
National gym chain 24 Hour Fitness filed for bankruptcy on June 15 following closures due to the coronavirus pandemic, CNN reported. 24 Hour Fitness permanently closed 100 of its U.S. locations ...