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  2. List of retailers affected by the retail apocalypse - Wikipedia

    en.wikipedia.org/wiki/List_of_retailers_affected...

    The company continued to struggle through the retail apocalypse, and in late summer of 2022, Bed Bath & Beyond announced plans to close 150 stores, lay off 20% of its corporate and supply chain staff, and eliminate the role of COO and CSO within the company. Liquidity was raised to about $1B after a loan and additional financing were secured.

  3. JCPenney could close up to 30 percent of its stores - AOL

    www.aol.com/finance/2017-01-13-jcpenney-could...

    The department store may close up to roughly 300 of its more than 1,000 locations within the next two years, according to Cowen & Co.

  4. JCPenney - Wikipedia

    en.wikipedia.org/wiki/JCPenney

    In early 2001, JCPenney closed 44 under-performing stores. In 2001, JCPenney sold its direct-marketing insurance unit to Dutch insurer Aegon for $1.3 billion (equivalent to $2.24 billion in 2025) in cash to help refocus the company on retail. [30] In 2003, the company opened three stores in strip centers in Texas, Minnesota, and Indiana.

  5. Impact of the COVID-19 pandemic on retail - Wikipedia

    en.wikipedia.org/wiki/Impact_of_the_COVID-19...

    On March 16, 2020, it was reported that retail sales dropped 20.5% after the pandemic hit the country, a percentage that, according to Business Insider, was unseen since the financial crisis of 2007–2008. [82] Retail sales continued to decrease with a 2.8% decline in May 2020 and 1.8% in June from where they were at the same time in 2019. [83]

  6. Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.

  7. Economic impact of the COVID-19 pandemic in the United States

    en.wikipedia.org/wiki/Economic_impact_of_the...

    Retail June 23, 2020 24 Hour Fitness [206] Fitness Centers June 15, 2020 Skillsoft [207] Software June 15, 2020 Tuesday Morning [208] Retail May 27, 2020 Advantage Rent a Car [209] Car rental: May 26, 2020 The Hertz Corporation [210] Car rental: May 22, 2020 Exide [211] Batteries May 19, 2020 J. C. Penney (operating as JCPenney) [212] Retail ...

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