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Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
A Microsoft Store bearing the 2009–2012 logo Microsoft Store in Yorkdale, Toronto, the first store located outside the U.S. Microsoft Store in Sydney. Microsoft Store was a chain of retail stores and is an online shopping site, owned and operated by Microsoft and dealing in computers, computer software, and consumer electronics.
Also, a new logo of Microsoft Edge was introduced. [63] 2020 February 12 Products Microsoft announced the beta version of Windows 10X. [64] 2020 April 4 Company Microsoft celebrated its 45th anniversary (1975–2020) [citation needed] 2020 June 26 Company Microsoft has announced that all stores will be closed due to the COVID-19 pandemic. [65] 2020
The craft store world got a little smaller in November 2019, when A.C. Moore's parent company announced it would close the chain's 145 stores, mainly found on the East Coast. Major competitor ...
Around 9,700 stores closed in 2020, according to Coresight. Retailers that made it through got a boost in 2021 and 2022 from extra federal stimulus payments and revenge spending among consumers ...
The announced store openings year-to-date as of June 24 significantly outpaced announced store closures, according to recent data from Coresight Research's U.S. Store Tracker Extra for June 2022.
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 ...
During the month of April 2020 retail sales in Canada dropped 26.4% in a record decline for the second month in a row. [6] On July 31, 2020, Chico's Canadian subsidiary filed for bankruptcy. [7] In July 2020, DavidsTea announced it would close multiple stores amid the impact of the pandemic. [8]