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U.S. retailers have announced more than 7,100 store closures through the end of November 2024, a 69% jump from the same time last year, according to recent data from research firm CoreSight.
Sam Ash Music, a musical instrument retailer, announced in March 2024 that it would close 18 of its stores. It later announced in May 2024 that it would close all 42 locations by the end of July 2024. Competition from online shopping was blamed as a reason for the closures. [268] Sam's Club, a subsidiary of Walmart, closed 63 stores in 2018.
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. ... While the brand has not yet released a full ...
Why Is JCPenney Closing More Stores? JCPenney filed for bankruptcy back in 2020. Since then, about 240 of its stores have closed. Right now, there’s about 650 locations left in the U.S.
At least 50 of Denny's lowest performing restaurants will close by the end of 2024, the company said, while 100 other restaurants will be shuttered next year to increase Denny's overall cash flow.
Kohl's isn't the only retailer who has announced store closures recently. In December 2024, employees of Party City were told that the company was closing and at the end of February 2025, all ...
The retailer announced plans in 2021 to shutter nearly 900 stores between 2022 and 2024. Here are the details on this year's closures. ... USA Today reported that CVS announced a plan to close ...
A List of Rite Aid's 2024 Store Closings: Here is a list of the Rite Aid store closure this year, confirmed by the company. Note: This list will be updated as more store closures are officially ...