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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 ...
On March 3, 2023, Nordstrom announced that it would close all of its Canadian full-line and Nordstrom Rack stores by June 13, 2023. [232] Olympia Sports announced the closure of all of its remaining stores in late July 2022. It had 35 stores at the time of the announcement, down from 225 at its peak. [233]
Macy's has named 66 of the 150 stores that it's planning to close as part of its revitalization plan.. The retailer announced back in February 2024 plans to shut down 150 "underproductive" Macy's ...
March 22, 2024 at 2:24 PM. ... The post’s reference to Walmart is likely citing reports that the business closed 23 stores in 2023. These reported closures actually occurred in 14 states ...
A sign hangs above the entrance of a Kohl's store in in Lincolnwood, Illinois on March 1, 2023. Kohl's plans to close 27 "underperforming" stores in 15 states by April , leaving about 1,120 ...
Gorillas was a German ultrafast grocery delivery company which used dark stores between its founding in 2020 and its end in May 2024. [3] Users could order grocery products through the Gorillas app. In December 2022, the company was acquired by Getir. [4] [1] As of July 2023, it operates in around 35 cities from roughly 130 locations in four ...
Walgreens is pulling the plug on 1,200 stores over the next three years. That's no small cut. And they're not the only ones feeling the squeeze. Business Insider reported that CVS and Rite Aid are ...
2023 vote of no confidence in the government of Pedro Sánchez Spanish Prime Minister Pedro Sánchez 's government survives a second vote of no confidence presented by far-right party Vox , with independent Ramón Tamames as its candidate.