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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
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.
Bob's Stores, a longtime Northeast clothing store chain, announced this week that it is shutting down after failing to secure financing amid a bankruptcy filing.
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 ...
Many closures are the result of already-struggling companies reaching their breaking points and declaring bankruptcy
On December 20, 2024, the chain officially announced that it would shut down operations and close its near-700 stores effective immediately. [236] [237] Payless ShoeSource filed for bankruptcy in April 2017 and closed 400 of its stores. [238]
Macy’s, for example, is in the middle of closing about 150 of its namesake stores across the country by early 2027. The department store operator has been shuttering roughly 50 of those per year ...
The company plans to shutter 65 stores after the holidays. ... Macy's is closing more stores than it originally announced earlier this year. ... it planned to shut down 150 "unproductive" stores ...