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MC Sports closed all stores in 2017 as a result of bankruptcy. [197] Michael Kors announced in 2017 that it would close 100 to 125 of its standalone stores over the next two years. [198] Microsoft announced on June 26, 2020 that the company would permanently close all but four of its 83 physical retail stores and focus on their e-commerce ...
The government of Texas's initial response to the COVID-19 pandemic in the state consisted of a decentralized system that was mostly reliant on local policies. As the pandemic progressed in Texas and throughout the rest of the country, the Texas government closed down several businesses and parks, and it eventually imposed a statewide stay-at-home order in late May.
The mall's interior closed temporarily for repairs in 2023 but reopened with a handful of stores operating with a seven day a week, 11am to 7pm schedule. The only open anchor was a Fitness Connection Gym housed in the former Mervyn's location. On May 23, 2024 it was announced that the mall would be closed on June 30, 2024.
All 13 locations closed permanently in late 2020, with company officials attributing the decision to rising food and operational costs even once restaurants had reopened from their initial COVID ...
U.S. department stores and drugstore chains, including Walmart and Macy's Inc, have been forced to cut working hours or shut stores amid the spike in infections due to the Omicron coronavirus variant.
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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 ...
The bankruptcy only impacts the 39 U.S. company-owned TGI Fridays locations, leaving the bulk of the brand—over 460 franchised locations in 41 countries—open and unaffected.