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Retailers are closing thousands of stores following years of declines in sales and customer traffic.
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RadioShack (formerly written as Radio Shack) is an American electronics retailer which was established in 1921 as an amateur radio mail-order business. Its parent company, Radio Shack Corporation, was purchased by Tandy Corporation in 1962, shifting its focus from radio equipment to hobbyist electronic components. At its peak in 1999, Tandy operated over 8,000 RadioShack stores in the United ...
Target is closing 12 stores in nine states. The stores are set to close in February. More than 6,300 store closures have been announced so far in 2017.
BI-LO was sold to Ahold, a Dutch retail food conglomerate, in 1977. In 1994, Ahold purchased Red Food Stores, Inc. and merged its locations (around 55 of them) in Georgia, Alabama, and Tennessee into BI-LO the following year. [2] [3] In 2001, Ahold purchased the Birmingham, Alabama based Bruno's Supermarkets chain and combined its operations with BI-LO.
Lowe's Companies, Inc. ( ⫽ loʊz ⫽ LOHZ) is an American retail company specializing in home improvement. [4] Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States. As of Oct. 28, 2022, Lowe's and its related businesses operated 2,181 home improvement and hardware stores in North America. [5]
The retailer recently provided a full list for stores impacted by the move, and customers can expect stores to begin liquidating their inventory in April.
Macy's is a department store chain in the United States, known for its flagship store in New York City.