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The affected stores would temporarily close for up to 90 days after liquidation sales are complete to make way for renovations and restocking, and then reopen soon after. [ 19 ] On May 24, 2024, Ollie's Bargain Outlet announced that they would be acquiring 11 former 99 Cents Only leases, most of which are set to open by the end of 2024.
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 .
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.
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 ...
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 ...
In August 2023, Express announced that they would be laying off 150 workers in effort to achieve $150 million in annualized expense reductions by the end of 2025. [11] On October 24, 2023, Express warned that it may have to file for Chapter 11 bankruptcy protection as it has been hit hard from the COVID-19 pandemic, stating store sales have been declining for years and rising costs putting the ...
In July 2024, Sears began to liquidate its store in Stockton, California as announced in late June 2024. [89] [90] Later in July, Sears began liquidating another store in Union Gap, Washington. [91] [92] Once these two stores close in August and September 2024, there will be only 9 Sears stores remaining open anywhere in the U.S.
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. ... While the brand has not yet released a full ...