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Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
National Stores filed for Chapter 11 bankruptcy protection in August 2018 with plans to close 74 of its 344 stores under a reorganization plan. [220] The liquidation sales expanded to 184 Fallas and Factory 2-U stores starting in October 2018.
Lamonts was a chain of department stores founded in Seattle, Washington. The chain was started in 1970 when Pay 'n Save renamed its suburban branches of Rhodes, a department store chain the company acquired in 1965. Lamonts remained a division of Pay 'n Save until 1985.
The U.S. Justice Department In March of this year filed a lawsuit against Rite Aid, alleging the company ignored red flags and filled hundreds of thousands of unlawful prescriptions for controlled ...
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 ...
The city said the restructuring aims to cultivate and retain its top talent, foster continued growth, and ensure a robust line of succession. Amarillo announces 4 new department directors in ...
A year ago, America’s stores declared a shoplifting epidemic. They closed stores in major cities, hired extra security, locked up key merchandise and declared big losses in their financial ...
In 1990, 20 of the chain's 55 Southeastern stores were shuttered as part of a restructuring of Sky City operations. Remaining stores in North Carolina, South Carolina, Tennessee, Georgia and Virginia underwent a remodeling and a program to beef up in-store inventory levels. The shuttered locations included nine stores in North Carolina, five ...