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In 2023, the restaurant chain had around 300 restaurants. As of March 2024, it's down to a mere 27 stores, according to Restaurant Business. The closures were reportedly driven by landlord ...
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
Looking ahead, Dine Brands plans to close 25 to 35 restaurants in 2024. Additionally, Applebee's domestic same-store sales have decreased for three consecutive quarters, according to Restaurant Dive .
The retailer said the closures would begin in 2024, with 50 "underperforming" stores closing by the end of the year. Over the next few years, another 100 Macy's stores are expected to close ...
[230] 53 more stores were added to the closing list in April 2024. [231] Additional closures continued, nearly fully eradicating the pharmacy's presence in Michigan and Ohio. [232] Rockport filed for bankruptcy in May 2018. The company that bought the company out of bankruptcy closed all 60 of its brick-and-mortar stores in July of that year. [233]
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 .
Even though it will lose a large swath of locations in 2024, Wendy's still expects to end the year with a larger footprint than it had at the start. The chain anticipates opening 250 to 300 ...
Notes. ^ Consolidated number of franchised and company-owned locations from Kahala Brands worldwide, which includes Cold Stone Creamery, Blimpie, Taco Time, Surf City Squeeze, The Great Steak & Potato Company, NrGize Lifestyle Café, Samurai Sam’s Teriyaki Grill, Frullati Café & Bakery, Rollerz, Johnnie`s New York Pizzeria, Ranch One ...