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Circuit City – filed for bankruptcy in 2008 and liquidated on March 8, 2009; [83] [84] [85] reopened online through Tiger Direct in April 2009; closed again in late December 2012; intellectual property was sold again to Circuit City Corp. in January 2016, which plans to open an online operation and retail stores; CompuAdd – bankrupted in ...
Removal of signage on a former Circuit City store in Portland, Oregon A Circuit City store under the effects of a liquidation sale in Raleigh, North Carolina on February 26, 2009. On November 4, 2008, Circuit City announced that it would close 155 stores and lay off 17% of its workforce by the end of the year as a result of continuing ...
In 1999, Service Merchandise closed their store and the long side wing leading to it was emptied out. The following year, the mall big-boxed the wing, turning much of it into an Old Navy store along with replacing Service Merchandise with a Circuit City store. After the departure of Bradlees in 2001, the store's former lot remained vacant until ...
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 ...
Macy’s is closing more than five dozen store locations across the United States as part of the company's ongoing reorganization strategy.. The retailer confirmed Jan. 9 that it was shuttering 66 ...
A "handful" of JCPenney locations are soon to be closing, a company spokesperson said, adding to the retailer's long list of shuttered stores since it filed for bankruptcy in 2020.
Subsequently, Circuit City filed for bankruptcy on November 10, 2008, and, after liquidating all of its stores, ceased operations on March 8, 2009. [ 77 ] At the beginning of 2010, Blockbuster had over 6,500 stores, of which 4,000 were in the U.S.— [ 78 ] a number that fell to 3,425 in late October the same year. [ 79 ]
Investment bank UBS projected that around 50,000 or so U.S. stores will close by 2027, reported Forbes. Reasons for the closures include a lag in consumer spending, banks being less willing to ...