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Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] 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 ...
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 ...
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 30th
Kohl's Is Downsizing. Kohl's is set to close 27 underperforming stores across 15 states by April 2025, the chain announced in a recent press release. The closures represent about 3% of the ...
Macy's is closing more stores than it originally announced earlier this year.. According to the company's third quarter earnings report, the department store chain is expected to close 65 ...
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Some bad news has been hitting national chains and customers alike in recent weeks. Headlines such as “Macy’s is closing 150 stores” and “Outback Steakhouse parent company is closing 41 ...
About 600 Family Dollar stores will close by the end of the year, and an additional 370 Family Dollar and 30 Dollar Tree stores are set to close in coming years as leases expire, Dollar Tree, Inc ...