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The two companies both shared store closure announcements this week, with JCPenney expected to close a "handful" by mid-2025 and Joann to shutter roughly 500 locations. The retailers join other ...
In early summer 2018, Scene75 Entertainment purchased the former Marshall Field's/Kaufmann's/Macy's building and tract. Soon after Scene75 on October 11, 2019 they were open to the public. [7] On December 28, 2018, it was announced that Sears would also be closing as part of a plan to close 80 stores nationwide. The store closed in March 2019. [8]
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 ...
Store-closing sales at the affected stores began April 23. Macy’s announced in February that it would close about “ 150 unproductive locations , including approximately 50 by the end of the ...
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 ...
The closing of many Big Lots stores, as part of its bankruptcy, come in tandem with closures announced by other retailers such as Macy's, Kohl's and Party City, and more recently, JCPenney and Joann.
The Scranton warehouse closing eliminated about 200 jobs, and the Nashville warehouse closing eliminated up to 500 jobs; the exact number of distribution employees is unknown. [25] HarperCollins previously closed two US warehouses, one in Williamsport, Pennsylvania, in 2011 and another in Grand Rapids, Michigan, in 2012. [26] "
Macy's plans to close 66 stores in 2025 and 150 locations in total by 2026. The department store chain will expand Bloomingdale’s and Bluemercury. Macy's Is Closing 66 Stores Soon — See If ...