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Investment bank UBS projected that around 50,000 or so U.S. stores will close by 2027, reported Forbes. Reasons for the closures include a lag in consumer spending, banks being less willing to ...
At that time, Value City had 79 stores. They acquired the Grandpa's discount chain in 1999, which included 15 stores in the St. Louis area. [3] Retail Ventures originally sought to sell the Value City operation to focus on its more profitable brands. [4] The chain announced its intention in 2007 to sell up to 24 stores to Burlington. [5]
The reduction will result in closing roughly 500 corporate-owned stores plus about 200 independently operated locations. The company did not immediately provide a full list of locations set to close.
Meadows Mall is a shopping mall in Las Vegas, Nevada on 84 acres (34 ha). [2] It is a two-story enclosed mall with 945,000 ft 2 of space. [3] [4] It has 122 stores and 4 anchor tenants: Curacao, a Dillard's clearance outlet, JCPenney, and Macy's. [5]
The mall was 85-percent leased at the time, compared to 75-percent a few years earlier. [29] As of September 2016, tenant occupancy was around 95 percent. [33] Later that year, Las Vegas Weekly wrote that the Boulevard Mall may be the "most charming shopping center" in Las Vegas. [34]
Big Lots plans to shutter more stores as part of the Columbus, Ohio-based discount retailer's Chapter 11 bankruptcy process. Big Lots to close another 56 locations in 27 states. Here's where.
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