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On January 18, 2023, Party City filed for Chapter 11 bankruptcy, [231] and a month afterward, announced the closure of 22 stores. An additional 9 stores were added to the closing list in April as well as 4 more locations in May. [232] In September 2023, Party City exited bankruptcy with a billion reduced in debt. [233]
Both stores were permanently closed in early 2021. A new stand alone location was later opened in the American Dream Mall in New Jersey. On August 19, 2021, Macy's bought Toys "R" Us and announced they will be opening store-within-a-store locations in 400 Macy's locations. Warner Bros. Studio Store – stores closed in 2001 [71] [187]
A few years after the closures of the restaurants, the two Disney Stores they were attached to remained open until the 2021 closure wave. The Woodfield Mall store had relocated and remodeled in the early 2000s, while the Montclair Plaza store retained the original "pink & green" Disney Store design up until its closure in March 2021.
A List of Macy's 2021 Store Closings. Note: This list will be updated as more store closures are announced. Arizona. Phoenix: Paradise Valley Mall. California. El Cajon: Parkway Plaza. Richmond ...
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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 ...
The number is the lowest since 2017 and 30% lower than the first half of 2021, according to the latest Store Openings and Closures report published by professional services firm PwC.