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You'd think a chain like Best Buy would be immune to store closures given the number of consumers who prioritize spending on electronics. But Best Buy is making plans to close 10 to 15 stores in 2025.
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.
Through July 14, all remaining Bob's locations will be offering liquidation-level discounts on the stores' trademark workwear, footwear, team wear and everyday family-oriented clothing.
Investment bank UBS projected that around 50,000 or so U.S. stores will close by 2027, reported Forbes. ... which is closing 13 stores. Here’s a list of Dirt Cheap closings by state as sourced ...
For the record: 6:07 p.m. Nov. 21, 2024: An earlier version of this story incorrectly said the auto parts industry is a roughly $300 million industry.It should have said a roughly $300 billion ...
Many closures are the result of already-struggling companies reaching their breaking points and declaring bankruptcy
The mall's interior closed temporarily for repairs in 2023 but reopened with a handful of stores operating with a seven day a week, 11am to 7pm schedule. The only open anchor was a Fitness Connection Gym housed in the former Mervyn's location. On May 23, 2024 it was announced that the mall would be closed on June 30, 2024.
99 Cents Only Stores is closing all of its 371 locations across the US as the company begins to wind down its business operations. The budget retailer announced the closures on Thursday, with ...