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Why Is JCPenney Closing More Stores? JCPenney filed for bankruptcy back in 2020. Since then, about 240 of its stores have closed. Right now, there’s about 650 locations left in the U.S.
You'd think a chain like Best Buy would be immune to store closures given the number of consumers who prioritize spending on electronics. But Best Buy is making plans to close 10 to 15 stores in 2025.
Kohl's is closing 27 stores across the United States. Here is the full list of store locations that will be shuttered by the end of April 2025. ... Mountain View — 350 Showers Dr. Napa — 1116 ...
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 ...
On December 20, 2024, the chain officially announced that it would shut down operations and close its near-700 stores effective immediately. [236] [237] Payless ShoeSource filed for bankruptcy in April 2017 and closed 400 of its stores. [238]
Through July 14, all remaining Bob's locations will be offering liquidation-level discounts on the stores' trademark workwear, footwear, team wear and everyday family-oriented clothing.
Kohl's Is Downsizing. Kohl's is set to close 27 underperforming stores across 15 states by April 2025, the chain announced in a recent press release. The closures represent about 3% of the ...
Macy’s, for example, is in the middle of closing about 150 of its namesake stores across the country by early 2027. The department store operator has been shuttering roughly 50 of those per year ...