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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 ...
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 ...
Otter Products, LLC, or simply OtterBox, is an American privately owned consumer electronics accessory company based in Fort Collins, Colorado, that produces cases for mobile devices. The company was founded in 1998 as a manufacturer of water-resistant boxes meant to house electronic devices, mostly catering to outdoor enthusiasts . [ 2 ]
Target is closing 9 stores in 4 states (all blue). Walgreens is closing 900 stores (mostly blue),” the post reads. All three retail chains have closed, or plan to close, multiple store locations.
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A specific list of closing locations wasn’t immediately released. The chain has more than 13,000 stores across the United States, Canada and Mexico, so the number of closures amounts to 3% of ...