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Party City closed 45 of its 870 stores in 2019, up from its usual 10 to 15 closures each year. [212] On January 18, 2023, Party City filed for Chapter 11 bankruptcy, [213] and a month afterward, announced the closure of 22 stores. An additional 9 stores were added to the closing list in April as well as 4 more locations in May. [214]
The closing date for most of the affected stores was April 19, according to employees of those stores, who confirmed the closings to Business Insider. A store in Bedford, New Hampshire, is ...
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.
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 ...
Shoshy Ciment. Sears is closing 26 more Sears and Kmart stores in the US in October, a press release from the retailers' parent company said on Tuesday. Included in the closures are 21 Sears and ...
January 24, 2019 at 1:00 PM. Kohl's is closing four stores that are either based in or close to malls this year. It described these stores as "lower performing" locations. Kohl's is one of the few ...
Later that same month, BI-LO announced the closings of three additional stores in Newton, North Carolina and Florence and Irmo, South Carolina. [22] [23] [24] In February 2019, Southeastern Grocers announced plans to close 22 locations. This round of closures included 13 BI-LO locations in Georgia, North Carolina, and South Carolina. [25]
Gift cards and merchandise credits will be honored through close of business on July 14, the company said. All sales are final, and no returns will be accepted, though exchanges will be. Bob's ...