Search results
Results from the WOW.Com Content Network
Bath & Body Works announced the closure of 50 US stores and one Canadian store, along with the opening of 26 new stores, in May 2020 due to sales slumping amidst the COVID-19 pandemic. [ 34 ] Barneys New York filed for bankruptcy on August 6, 2019. 15 of 22 stores closed, including Barneys flagship stores in Las Vegas, Chicago, and Seattle in ...
All 60 Cath Kidston stores to close after collapse. [95] On April 30, Oasis and Warehouse permanently close all their stores and online shopping with the loss of more than 1,800 jobs. [96] Sharon White, John Lewis boss, hints that some of their shops may not re-open after the pandemic. [97] Debenhams files for administration [98]
A permanently closed mom and pop health food store in Port Charlotte, Florida. The phrase "retail apocalypse" first appeared in print in an early 1990s essay by Peter Glen, author of It's Not My Department! [14] Media appropriated the term to refer to multiple brick-and-mortar store closures resulting from shifts in consumer spending. [6]
Many closures in the apparel and accessories retail sector were driven by a wave of bankruptcies, like New York & Co., which closed 17 stores, and Modell’s, which closed 43. Retail Storefronts ...
As coronavirus continues to plague the markets, businesses both big and small are being forced to make hard decisions about their futures. First, Apple shut down all 42 of its stores in China at ...
Agern, a one-Michelin-star restaurant in Grand Central Terminal, permanently closed due to the pandemic. Many stores and restaurants have closed permanently. Record Mart, the oldest record store in the city, announced that its shop in the Times Square–42nd Street station's mezzanine would not be reopening. [178]
Thousands of retail businesses have closed in New York and California, with even those still operating closing scores of locations.
The craft store world got a little smaller in November 2019, when A.C. Moore's parent company announced it would close the chain's 145 stores, mainly found on the East Coast. Major competitor ...