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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 ...
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 ...
A furniture store is set to close almost 100 locations amid annual fiscal losses. Conn's plans to close about 100 locations and liquidate its inventory as part of a bankruptcy filing, according to ...
On March 5, 2020, Art Van Furniture announced it would liquidate all of their company owned stores and file for chapter 11 bankruptcy. Barker Bros. – Los Angeles-based furniture store chain which was at one time the largest furniture store chain on the west coast for nearly a century before it filed for bankruptcy in 1992
This prominent Midwestern furniture and mattress chain ... bankruptcy and closing 88 of its 220 stores in March 2017. ... Bedding Discount Center. By 2014, it had 1,000 stores across the country ...
The 134-year-old company is closing all of its stores. "We are shocked and overwhelmed," one area dealer posted on Facebook. Badcock Home Furniture & More closing all of its stores, including ...
Badcock Home Furniture & More, a retail chain with more than 300 stores in its portfolio, is closing all of its doors. This comes seven months after it was acquired by Conn's HomePlus, which has ...
On December 21, 1998, Levitz announced it would close 27 stores and lay off 25% of its workforce. The company downsized its warehouse system from 65 to 17 sites. [4] The furniture market underwent a prolonged nationwide downturn after the September 11 attacks, and was hurt again in late 2007 by the 2007 subprime mortgage financial crisis. [5]