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Transformco, Sears and Kmart's parent company, says it plans to close 96 more stores. The decision comes shortly after the business also announced it received $250 million in funding from lenders ...
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. [36] 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 ...
The discount retailer did not release a list of closing stores, but its website as of mid Friday lists 293 locations — eight of them in Ohio — as closing soon with a banner touting an up to 20 ...
The combined total means 800 stores will close in the United States by the end of 2020. It’s not all bad news, though—96 percent of Dunkin’ locations have opened up shop as of July 25, and ...
The move will help the company complete an "expedited restructuring" to reduce its debt that should be done by the second quarter of 2023. On January 27, 2023, Bed Bath & Beyond announced that it would be closing all Harmon Face Values stores due to the COVID-19 pandemic impacting it business and supply chain issues.
CVS, the largest US chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores. And Rite Aid filed for bankruptcy last year and will close up to 500 stores.
On June 4, 2020, J. C. Penney released a list of 148 stores slated to close starting in late June 2020, with eleven additional store closures announced on June 22 and two additional stores on July 7, with the previously announced store closing locations remaining on hold pending further review, for a planned closing a total of 242 stores.
A sign is posted in front of a Big Lots retail store on August 28, 2020 in San Francisco, California. (Photo by Justin Sullivan/Getty Images)