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Many other retailers have blamed crime for closing stores. “When you have so many retailers all pointing to store theft and all saying the same thing, then it seems to a trend taking hold ...
The JCPenney store was replaced by a Dunham's Sports, one of the nation's largest sporting goods chains, in 2016. In November 2017, Sears announced it would be closing 63 more of its stores including the Nittany Mall location. [6] The Sears store closed in January 2018 but the automotive center remained open for three more years.
Big Lots' list of store closures has expanded to roughly 500 locations. See updated list of locations closing in Pennsylvania.
Target says it is closing nine stores in October due to theft and organized retail crime, a statement read. Here are the stores that are closing. Target announces closure of 9 stores due to theft ...
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
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 ...
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