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Yves Saint Laurent died of brain cancer in 2008. [19] The following few years proved to be tumultuous for the company, [12] with YSL stores closing in the key U.S. markets of San Francisco and New York (including the company's Madison Avenue location, its first-ever store in the United States).
[252] 53 more stores were added to the closing list in April 2024. [253] Additional closures continued, nearly fully eradicating the pharmacy's presence in Michigan and Ohio. [254] In September 2024, Rite Aid emerged from bankruptcy as a privately-owned company. [255] Rockport filed for bankruptcy in May 2018. The company that bought 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 ...
Here's a nostalgic look back at what earned these iconic department stores their place in history and what's happened to them since. Wanamaker's, Montgomery Ward, Barneys, and Marshall Field's. ...
Last year, Macy’s announced it was closing 150 underperforming stores by 2026, shrinking its footprint to about 350 locations when the plan is finished. The 66 store closings revealed Thursday ...
It owns the brands Yves Saint Laurent, Gucci, Balenciaga, Bottega Veneta, Creed, Maui Jim, and Alexander McQueen. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault . After the company was quoted on Euronext Paris in 1988, it became the retail conglomerate Pinault-Printemps-Redoute ( PPR ) in 1994.
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Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada.