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The company's stores were sold to a group of liquidators, and its CEO announced that all stores would close by the end of August 2016. [264] [265] Stein Mart filed for Chapter 11 bankruptcy in August 2020 with intent to close all of its locations due to the COVID-19 pandemic. [266] Sur La Table filed for Chapter 11 bankruptcy in July 2020. [20]
Macy's (NYSE: M) plans to close 40 stores and eliminate as many as 4,500 jobs, a process that has already started and will continue through the summer. CEO Terry J. Lundgren said the moves were ...
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.
Retailers are closing thousands of stores following years of declines in sales and customer traffic.
The stores that are closing will begin liquidation sales on September 22, and close by mid December, employees said. Skip to main content. Finance. 24/7 help. For premium support please call: ...
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
Under this plan, 22 BI-LO stores would close along with an additional 72 stores across the Harveys, Fresco y Más, and Winn-Dixie brands. [ 26 ] [ 27 ] On March 28, 2018, Southeastern agreed to sell three BI-LO locations in South Carolina along with three Harveys locations in Georgia to three independent Piggly Wiggly store owners.
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.