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Heer's (Springfield), established in 1869, closed in 1995. The Jones Store (Kansas City), absorbed by May Department Stores 1998, sold to Macy's chain 2006. The Paris (Kansas City) Newman's (Joplin), acquired by parent company of Heer's of Springfield in the early 1980s, closed in 1995.
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
BCBG Max Azria announced the closure of its stores in 2017, planning on going to department stores and online only. BCBG Max Azria Group filed for Chapter 11 bankruptcy protection on February 28, 2017, and was taken over by Marquee Brands and Global Brands Group. [37] [21] Bebe announced plans to close all stores and focus solely on online ...
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 ...
Family Dollar has announced 677 store closings this year. Walgreens is closing 259. Big Lots is closing 360. LL Flooring is shutting down entirely. Major retailers have announced 6,189 store ...
Back in February, American department store chain Macy's announced it would be closing 150 stores as it plans on shifting its priority toward the marketing of its luxury items. It plans to close ...
Retail apocalypse refers to the closing of numerous brick-and-mortar retail stores, especially those of large chains, beginning around 2010 [2][3] and accelerating due to the mandatory closures during the COVID-19 pandemic. In 2017 alone, more than 12,000 physical stores closed. The reasons included debt and bankruptcy in the face of rising ...
Business Insider/Sarah Jacobs. Nearly every major department store (including Macy's, Kohl's, Walmart, and Sears) has shuttered stores in recent years to reduce losses from unprofitable locations ...