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On 5 May 2021, the liquidator announced that all remaining UK stores would close on 15 May 2021, marking the end of Debenhams as a department store retailer in the UK after 243 years. [95] Despite the closure in the UK, Debenhams in Middle East countries remained unaffected and continues its operations as of June 2023. [96] [97]
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 food retail market has been dominated by the 'big four' supermarkets – Tesco, Sainsbury's, Asda and Morrisons – who made up over three quarters of sector market share in 2010. Tesco is the largest retailer in Great Britain, with a market share of 27.5% at the end of 2022. [ a][ 1] However, discounters Lidl and Aldi have grown rapidly. [ 1]
Retail apocalypse. Retail apocalypse refers to the closing of numerous brick-and-mortar retail stores, especially those of large chains, beginning around 2010 and accelerating due to the mandatory closures during the COVID-19 pandemic. [ 2][ 3] In 2017 alone, more than 12,000 physical stores closed. The reasons included debt and bankruptcy in ...
Bus Stop was a young girls' fashion boutique fronted by designer Lee Bender. It was seen as a cheaper alternative to Biba and opened its first shop in Kensington, London. It had 11 stores in total across the UK including Newcaste-Upon-Tyne, Southampton, Bristol and Edinburgh.
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.
The grocery chain Stop & Shop plans to close 32 stores: 8 stores in Mass, 5 in CT, 7 in New York, 2 in RI and 10 in NJ. ... A company spokeswoman deferred comment on how the August 2021 opening of ...
A total of 100 more stores closed by January 2020. [77] 51 Sears stores were closed in February 2020. [78] More stores continued to close throughout 2020 and 2021, including the final Sears in Maine at The Maine Mall. The Sears store at Woodfield Mall in Schaumburg, Illinois, the last Illinois Sears store to close on November 14, 2021