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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.
A projected 15,000 stores are expected to close between now and the end of December, and some of the retailers that are shutting down the most locations may surprise you. 10. Best Buy
Store closures in the U.S. last year hit the highest level since the pandemic — and even more locations are expected to shutter this year, as shoppers’ dollars increasingly go to a few ...
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 stores, lay off 20% of its corporate and supply chain staff, and eliminate the role of COO and ...
As of July 2024, Stop & Shop has 397 stores, according to their website, with the largest footprint in Massachusetts. They have 125 stores in Massachusetts, 100 in New York, 88 in Connecticut, 57 ...
How Many Stores Will Stop & Shop Be Closing? Thirty-two stores across Rhode Island, Connecticut, New York, New Jersey, and Massachusetts have closed as of Nov. 2. A full list of store closures can ...
The company’s stores are on average approximately 20,000 square feet, more than double the size of a typical dollar store chain. “It was like trying to run a McDonald’s on five times the ...
A slew of stores from East Coast grocery chain, Stop & Shop, are closing. On July 12, the grocer announced it will close 32 underperforming stores by the end of 2024. The chain is making the move ...