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In July 2024, the company announced that all Bob's Stores nationwide would permanently close as part of bankruptcy filing; some locations of sister store Eastern Mountain Sports would also close as part of the proceedings.
99 Cents Only Stores announced on April 4, 2024 that its 371 locations in the Western United States would begin to close. The COVID-19 pandemic, inflation, and shrink were cited as major reasons for the closure. [3] The company had considered filing for bankruptcy prior to the announcement. [4]
Read on for the scoop on 12 restaurant chains that have already closed (or announced plans to close) locations in 2024.
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.
When Eat This, Not That! contacted Wendy's for comment, a representative reiterated the chain's plans to close more than 100 stores and open 250 to 300 new locations in 2024.
On February 27, 2024, it was reported that Macy's would be closing their West Coast flagship store at Union Square as part of a plan to close 150 stores nationwide by the end of 2026. Macy's stated that the store would remain open until the property was sold to a new owner. More than 400 employees were expected to be impacted as part of the ...
Walgreens Boots Alliance cut its profit forecast for fiscal 2024 and said it would close underperforming U.S. stores as weak consumer spending hurts retail operations. The drugstore operator's CEO ...
The National Retail Federation (NRF) is the world's largest retail trade association, with members including department store, specialty, discount, catalogue, Internet, and independent retailers, chain restaurants, and grocery stores.