Search results
Results From The WOW.Com Content Network
In November 2018, Lowe's announced that it intended to close 51 stores in North America as part of a plan to improve profitability. [179] Lucky's Market closed all but seven of its stores by February 12, 2020. [180] Macy's announced plans in March 2017 to close at least 68 stores and eliminate more than 10,000 jobs. [181]
Retail apocalypse. Retail apocalypse refers to the closing of numerous brick-and-mortar retail stores, especially those of large chains, beginning around 2010 [ 2 ][ 3 ] and accelerating due to the mandatory closures during the COVID-19 pandemic. In 2017 alone, more than 12,000 physical stores closed. The reasons included debt and bankruptcy in ...
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.
In April 2017, rue21 announced plans to close around 400 stores, part of an American retail phenomenon of store closings known as the retail apocalypse. [12] On May 16, 2017, rue21 filed for Chapter 11 bankruptcy protection, and emerged on September 22, 2017, after reorganization plan approval by the U.S. Bankruptcy Court for the Western ...
Westland Mall is a demolished 860,000-square-foot (80,000 m 2) shopping center located at the intersection of U.S. Route 40 and Interstate 270 on the west side of Columbus, Ohio. In November 2012, the majority of the mall closed, and the last anchor closed in 2017. A mixed use development is planned, and demolition began around August 2023.
The Elder-Beerman Stores Corp., commonly known as Elder-Beerman, was an American chain of department stores founded in 1883 and whose last stores closed in 2018. The chain, based primarily in the Midwestern United States , was composed of 31 stores in eight states at the time of its liquidation in 2018, and peaked around 2003 with 68 stores and ...
The Andersons also opened a Specialty Food Market in Sylvania, Ohio, in 2007. This store closed in 2016. [12] On June 3, 2017, The Andersons closed its retail doors for the last time citing a $20 million (~$24.5 million in 2023) loss over 8 years. The retail stores employed nearly 1,050 of The Andersons’ workforce. [13]
Dead mall. Century III Mall in West Mifflin, Pennsylvania, United States in 2019, the same year it was closed; it was once the world's third-largest shopping mall. A "dead" wing of the Shanghai Summit Shopping City in Shanghai, China in 2007. A dead mall, [ 1 ] also known as a ghost mall, zombie mall or abandoned mall, is a shopping mall that ...