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The two companies both shared store closure announcements this week, with JCPenney expected to close a "handful" by mid-2025 and Joann to shutter roughly 500 locations. The retailers join other ...
But Best Buy is making plans to close 10 to 15 stores in 2025. As of late 2024, Best Buy had more than 1,000 stores across the country. ... Kohl’s recently announced plans to close 27 stores ...
Kohl's isn't the only retailer who has announced store closures recently. In December 2024, employees of Party City were told that the company was closing and at the end of February 2025, all ...
Store closures expected to be even worse in 2025. U.S. store closures totaled 7,325 in 2024, according to data collected by Coresight Research, a research firm specializing in retail and ...
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 ...
Store closings: Which retailers are closing stores in 2025? Joann, JCPenney, Macy's and more Joann, JCPenney, Macy's and more A Big Lots in San Angelo, Texas on Dec. 20, 2024.
U.S. retailers have announced more than 7,100 store closures through the end of November 2024, marking a 69% jump from the same time last year, according to data from research firm CoreSight.
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.