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RELATED:Here are the major retailers closing US stores in 2024. Walmart. ... Foot Locker announced in 2023 that it planned to close more than 400 low-performing stores in shopping malls through 2026.
Walmart is closing or has closed stores in 10 states, including Louisiana, Arizona, California, Virginia, South Carolina, and Tennessee.
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 ...
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...
On April 18, 2018, Carson's announced it would be closing as parent company The Bon-Ton Stores was going out of business. The store closed on August 29, 2018. [13] On August 6, 2019, Sears announced that it would also be closing as part of a plan to close 26 stores nationwide. The store closed on November 10, 2019. [14]
Southtown Mall was an enclosed shopping mall in Fort Wayne, Indiana. Opened in 1969, it closed in 2003 due to declining traffic. Anchor stores once included J. C. Penney, Montgomery Ward (later Kohl's), Wolf & Dessauer (later L. S. Ayres), Sears, and Service Merchandise. The mall was demolished for new development including a Walmart and Menards.
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.
Lazarus closed its store and two others in 2002. [7] In 2004, the Lazarus building was razed for Dick's Sporting Goods and hhgregg. [8] L. S. Ayres became Macy's in 2006. H&M opened in 2012, replacing a former MC Sports. [9] Hhgregg closed in 2017 as a result of Chapter 11 Bankruptcy.