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[230] 53 more stores were added to the closing list in April 2024. [231] Additional closures continued, nearly fully eradicating the pharmacy's presence in Michigan and Ohio. [232] Rockport filed for bankruptcy in May 2018. The company that bought the company out of bankruptcy closed all 60 of its brick-and-mortar stores in July of that year. [233]
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.
Research published by global retail analyst IHL Group in 2019 suggests that the so-called retail apocalypse narrative was an exaggeration, with "more chains that are expanding their number of stores than closing stores.” [7] That year, retailers in the United States announced 9,302 store closings, a 59% jump from 2018, and the highest number ...
This isn't the first time Macy's has announced unfortunate news about store closings in recent years. The department store chain has closed roughly 300 stores since 2015, including closing 45 Macy ...
October 19, 2023 at 11:50 AM. Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed more than 100 stores nationwide as part of its restructuring efforts. The ...
Walmart is closing or has already closed at least 15 stores across 10 US states and Canada. The stores include Walmart Supercenters in Dallas and Lafayette, Louisiana, as well as Walmart ...
Es de Velasco (High-end, department store, founded in 1939, acquired by González Padín, closed in 1995.) New York Department Stores (Founded in 1931, acquired by the Melville Corporation in 1994, most stores turned into Marshalls .) Pitusa (Discount, department store, founded in 1976, bankrupt in 2014.)
Earlier this summer, the discount retailer said it expected to close about 35 to 40 stores. That number went up to 150, and now it's 315. Italian restaurant chain files for Chapter 11 bankruptcy
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