#store-closures

#store-closures

Macy's is closing two Brooklyn stores as part of a broader strategy to refocus on profitable locations and improve overall sales growth.

Macy's is closing two Brooklyn stores as part of a strategy to streamline operations and focus on more successful locations.

Macy's is closing 150 underperforming stores as part of its 'Bold New Chapter' strategy to improve overall performance and focus on profitable locations.

Kohl's will close 27 underperforming stores and an E-commerce Fulfillment Center in a strategic move to enhance operational efficiency for long-term growth.

Macy's is closing 66 locations across the U.S. to focus on profitable stores and enhance overall customer experience.

Best Buy is closing stores and losing customers to competitors offering better service, prices, and shopping experiences.

Best Buy's decline has created opportunities for competitors, leading to improved consumer electronics shopping experiences outside traditional big box stores.

Walgreens is closing nine stores in Massachusetts, including one in Dorchester, to cut costs and improve performance.

Walgreens will close twelve locations in San Francisco due to regulatory pressures and financial challenges, with closures expected by late February.

Walgreens is closing unprofitable locations due to increased regulatory pressures and competition, with final closures slated for early 2025.

Joann is selling its assets and winding down operations after multiple bankruptcies.

The chain plans to close around 300 stores following its bankruptcy decision.

Retailers like The Container Store, Party City, and Big Lots face significant challenges, including bankruptcy, store closures, and declining consumer spending amid inflation.

Over 2,000 retail stores are set to close in the US in 2025, reflecting ongoing challenges in the retail sector.

Party City is closing all stores nationwide, marking the end of its operations, including locations in New York City.

Many Big Lots locations may close following bankruptcy as leases are listed for sale, signaling a significant reduction in retail presence.

Party City is closing all U.S. locations while Canadian operations will continue unaffected.

The closures follow a recent exit from bankruptcy and major debt cancellation.