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Sally Beauty announced the closure of 350 locations in November 2022, with closings expected to be completed by the following month. [240] Sam Ash Music, a musical instrument retailer, announced in March 2024 that it would close 18 of its stores. It later announced in May 2024 that it would close all 42 locations by the end of July 2024.
The department store chain has closed roughly 300 stores since 2015, including closing 45 Macy's locations in 2021 and 28 locations in 2020. ... A List of Macy's 2024 Store Closings.
According to the chain's earnings release, Denny's plans to close 10 to 20 locations in 2024. These would slow the closure rate relative to last year, according to Restaurant Dive .
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 ...
List of Canadian retail closures (21st century) Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada .
Dollar Tree announced on March 13 it would close 600 Family Dollar stores in the first half of fiscal 2024, and 370 additional stores as their leases expire, according to a press release. Dollar ...
When Eat This, Not That! contacted Wendy's for comment, a representative reiterated the chain's plans to close more than 100 stores and open 250 to 300 new locations in 2024. However, they did not ...
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.