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7-Eleven closed 444 stores in 2024, indicating that the decline in business was due to slower foot traffic as consumers skipped on discretionary purchases. [3]99 Cents Only Stores announced on April 4, 2024 that its 371 locations in the Western United States would begin to close.
The COVID-19 pandemic exacerbated many issues affecting retailers, as many were forced to shut down due to non-pharmaceutical interventions that were issued in an effort to mitigate the pandemic. [35] At the same time, online shopping boomed during the coronavirus-related lockdown, even though it came back down starting in 2022. [36]
The grocer, bought by a Thai company in 2014, closed its last remaining store in October 2019 and reported that it had one remaining employee and more than a half-million dollars in liabilities ...
"A lot of the businesses and school districts have closed down." Over 850 flights were canceled, and another 430 were delayed at Atlanta's Hartsfield-Jackson International Airport on Friday.
On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores. At the time of the announcement, Modell's was the world's oldest sporting goods chain Olympia Sports – the company was founded in 1975, and on July 22, 2022, the company filed for bankruptcy and announced it would close all 35 stores by September ...
Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on costs by closing locations. Here are some of the most notable bankruptcies of 2024 ...
A dead mall, [1] also known as a ghost mall or zombie mall, is a shopping mall that has low consumer traffic or is deteriorating in some manner. [2] Many malls in North America are considered "dead" when they have no surviving anchor store or successor that could attract people to the mall. Without the pedestrian traffic that department stores ...
Individual restaurants have closed down. All social media accounts for individual restaurants were deleted if they closed. There has been a steady decrease in the number of restaurants in recent ...