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Big Lots announced it was closing more than 300 stores across the U.S. The news came after the company announced a 10 percent sales drop, equating to about $205 million.
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 ...
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.
Kohl’s is slated to close more than two dozen store locations across the United States. On Jan. 9, the retailer announced a series of “real estate changes” for the new year, including the ...
Dunn added that closing underperforming restaurants would strengthen Denny's position for the long term as the company plans to open higher volume restaurants elsewhere. Walgreens closings ...
Retail industry closures soared in 2024, with more than 7,100 stores shutting down through the end of November — a 69% jump from the same time last year, according to research firm CoreSight.
Kohl’s is closing 27 stores across more than a dozen states as the struggling retailer looks to improve profitability. The closures, to be completed by April, are a small fraction of the chain ...
At least 50 of Denny's lowest performing restaurants will close by the end of 2024, the company said, while 100 other restaurants will be shuttered next year to increase Denny's overall cash flow.