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More store closings have been announced for JCPenney, including a Mississippi and Texas store. The department store chain has closed 174 stores. JCPenney closing more stores after bankruptcy.
Party City closed 45 of its 870 stores in 2019, up from its usual 10 to 15 closures each year. [230] On January 18, 2023, Party City filed for Chapter 11 bankruptcy, [231] and a month afterward, announced the closure of 22 stores. An additional 9 stores were added to the closing list in April as well as 4 more locations in May. [232]
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On March 17, JCPenney released a list of 138 locations that would close by the end of June. [55] By closing stores and distribution facilities, JCPenney would redirect resources to help expand its store-in-store Sephora boutiques, and add Nike and Adidas boutiques, similar to what Macy's has done with Finish Line, Lids and LensCrafters. [56]
In 2017, the Sears Auto Center closed. On July 14, 2019, it was announced that the Sears store would also be closing. The store closed in September 2019. On May 13, 2021, a COVID-19 vaccination clinic opened in the former Sears building. On January 9, 2025, it was announced that Macy's would be closing as part of a plan to close 66 stores ...
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 ...
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On December 28, 2018, it was announced that the mall's Sears store would be closing as part of a plan to close eighty stores nationwide. [12] The store closed on March 3, 2019. On July 7, 2021, it was announced that the AMC CLASSIC Logan Valley 8 had closed permanently, which was attributed to the COVID-19 pandemic .