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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 ...
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, and in late summer of 2022, Bed Bath & Beyond announced plans to close 150 ...
Kohl’s is planning to close 27 "underperforming" stores by April 2025. In a press release dated Jan. 9, the Menomonee Falls, Wis.-based retailer said that “all associates have been informed ...
Your days browsing the clearance racks at Kohl's may soon be coming to an end. On January 9, the company announced that it would be closing 27 "underperforming locations" across 15 states by April ...
Circuit City – filed for bankruptcy in 2008 and liquidated on March 8, 2009; [83] [84] [85] reopened online through Tiger Direct in April 2009; closed again in late December 2012; intellectual property was sold again to Circuit City Corp. in January 2016, which plans to open an online operation and retail stores; CompuAdd – bankrupted in ...
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 ...
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 ...
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 ...