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GNC closed over 900 stores in 2019, including between 300 and 400 of the chain's 800 shopping mall locations, which have been particularly hard-hit by declining foot traffic at malls overall. [144] Godiva Chocolatier closed all of its North American retail locations in 2021 after the chocolate company faced a decrease in sales and foot traffic ...
Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that its Walmart Health initiative is shutting down. The clinics, located in Arkansas, Florida, Georgia ...
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 ...
Retail giant Walmart will close 10 U.S.-based locations this year due to poor financial performance, despite the company's overall 7.3% 2022 Q4 revenue increase. The retailer has a track record of...
Walmart is closing or has closed stores in 10 states, including Louisiana, Arizona, California, Virginia, South Carolina, and Tennessee.
Turtle's Records & Tapes – Atlanta, Georgia based chain with most stores located in Georgia and Florida; acquired by Blockbuster in 1993 and converted [150] Virgin Megastores – all Megastores in the United States were closed in 2009 [157] and the remaining airport stores closed a few years later
Like Walmart, Walgreens is also closing stores, but not 900 of them. In summer 2023, the company said it would close 450 outlets, but only 150 are located in the U.S. At the time of the ...
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 ...