Store Closures

Forever 21, GameStop, Gap, Toys R Us, Dressbarn, A&F, Walgreens, J.C. Penney, Office Depot and even Walmart are closing stores in 2019.

Source: pymnts-com-develop.go-vip.net

Target Takes Big Step To Close On Thanksgiving Holiday
Target Takes Big Step To Close On Thanksgiving Holiday
July 27, 2020  |  Retail

Target said in a press release on Monday (July 27) that, as part of its holiday shopping and COVID-19 plans, it will close on Thanksgiving....

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Neiman Marcus To Close Store In NYC’s Hudson Yards
Neiman Marcus To Close Store In NYC’s Hudson Yards
July 24, 2020  |  Retail

Neiman Marcus is reportedly leaving the upscale New York City Hudson Yards shopping center as it undergoes bankruptcy proceedings. The department store retailer had an...

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Ann Taylor And Lane Bryant Parent Ascena Files Chapter 11 Bankruptcy
Ann Taylor And Lane Bryant Parent Ascena Files Chapter 11 Bankruptcy
July 23, 2020  |  Retail

Ascena Retail Group, Inc. has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The retailer and...

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More SMBs Throw In The Towel After Lockdown Restrictions
More SMBs Throw In The Towel After Lockdown Restrictions
July 14, 2020  |  Economy

The resurgence of the COVID-19 has delivered a crippling blow to many small businesses, The New York Times reported. In places that had reopened such...

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Retailers Hit With Sticker Shock Amid Mass Liquidation Sales
Retailers Hit With Sticker Shock Amid Mass Liquidation Sales
July 13, 2020  |  Retail

Reeling from the impact of the coronavirus, department store chains and other retailers are scrambling to offload mountains of now-unwanted clothing and other products. But...

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Apple To Shutter 30 More US Stores Again Amid Pandemic
Apple To Shutter 30 More US Stores Again Amid Pandemic
July 02, 2020  |  Retail

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United...

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Microsoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’
Microsoft To Shutter Brick-And-Mortar Stores In ‘Strategic Change’
June 26, 2020  |  Retail

Microsoft is shuttering brick-and-mortar locations as it unveils a “strategic change” in the way it runs its retail business. The technology firm’s retail staffers will...

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Troubled Retailers Continue To Seek Financial Lifelines
Troubled Retailers Continue To Seek Financial Lifelines
June 25, 2020  |  Retail

One of the new truisms of pandemic-era retail is this: If a retailer was in trouble before COVID-19, that trouble will be magnified because of...

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Vitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain
Vitamin Retailer GNC Files Chapter 11 Plan That Includes $760M Bid For The Chain
June 24, 2020  |  Retail

Vitamin store chain GNC Holdings filed a “prepackaged” Chapter 11 bankruptcy plan, saying it has an offer to sell the company for $760 million and...

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