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The chain was later acquired by Simon Property Group and Brookfield Asset Management Inc. in December 2020. ... A JCPenney spokesperson told USA TODAY the stores are expected to close by mid-2025. ...
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 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 ...
Macy's also confirmed on Jan. 9 that the retailer would be closing 66 stores as part of an ongoing reorganization strategy. Kohl's locations that have been affected by the nationwide closures include:
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 ...
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.
The company plans to close its lower volume restaurants, which could include Kentucky. Kentucky Denny's restaurant locations, stores There are nine Denny's locations in Kentucky , according to 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 ...