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Macy's plans to close 50 stores in 2024 and 150 locations in total by 2026. The department store chain will expand Bloomingdale’s and Bluemercury.
Read on for the scoop on 12 restaurant chains that have already closed (or announced plans to close) locations in 2024.
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.
Going into 2024, Rite Aid announced that it would close an additional 77 locations. [224] 53 more stores were added to the closing list in April 2024. [225] Rockport filed for bankruptcy in May 2018.
Across the United States, a large number of local stores and store chains that started between the 1920s and 1950s have become defunct since the late 1960s, when many chains were either consolidated or liquidated. Some may have been lost due to mergers, while others were affected by a phenomenon of large store closings in the 2010s known as the retail apocalypse .
As Consolidated Stores Corp.: December 13, 1967; ... is an American discount retail chain headquartered in ... The company closed 52 stores in 2023. In July 2024, Big ...
Bob’s Stores, a discount store located in northeast America, is shutting down after nearly seven decades years in business.
In February 2024, Macy's announced that up to 150 underperforming stores would close by the end of 2026, with 50 stores closing by the end of 2024. Macy's stated that the closing stores only represented 10% of its total sales.
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