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Investment bank UBS projected that around 50,000 or so U.S. stores will close by 2027, reported Forbes. ... The state that will be hardest hit with closures is Texas, which is closing 13 stores ...
Bealls / ˈ b ɛ l z / was a Texan chain of department stores, owned by Stage Stores Inc. and headquartered in Houston, Texas. The store specialized in retailing desirable brand name apparel, accessories, cosmetics, footwear, and housewares. On May 11, 2020, it was announced that Stage had filed for bankruptcy and they soon began liquidating ...
Bose shut down all of its 119 retail stores in 2020 in order to follow a "dramatic shift" to online shopping only. [ 79 ] Carter's announced the closure of at least 200 stores in an earnings call in October 2020; the children's apparel chain planned to close about 80% of its locations by 2022.
The retail giant said in February that by 2026, it planned to shut down 150 "unproductive" stores, or roughly 30% of all its locations, while prioritizing investments in 350 "go-forward" stores ...
GEM – initially called Government Employees Mutual Stores, and later Government Employees Mart before settling on G. E. M. Membership Department Stores, a profit-making company that was aimed at the governmental employees market; first store was opened in Denver in 1956; [190] after several expansions, the company filed for bankruptcy in 1974 ...
The company has decided to close all American Freight stores nationwide. There are 365 stores in 40 states, so it’s a large brand. Closing sales at all stores and online will begin on Nov. 5.
The chain operated over 2,000 stores worldwide. Stores included lunch counters and fountain service as well as full department stores. It also operated Jupiter stores which were a smaller-scale version of Kresge's and located in downmarket or declining commercial districts (the equivalent of a "dollar store" division of Kresge's). Jupiter ...
In 2023, the restaurant chain had around 300 restaurants. As of March 2024, it's down to a mere 27 stores, according to Restaurant Business. The closures were reportedly driven by landlord ...