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Family Video announced that it would close its remaining video rental store locations on January 5, 2021. [126] Forever 21 filed for Chapter 11 bankruptcy in late September 2019 due to the company's large amount of debt. It announced that it would close to close up to 178 of its 850 American stores and most of its stores in Europe and Asia.
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Due to the closure of Walt Disney World, the British variety show Ant & Dec's Saturday Night Takeaway canceled a finale taping that had been set to film at the resort in April. [10] On March 27, the closure of both U.S. resorts were extended indefinitely. Cast members were to be paid through the week of April 18, 2020. [11]
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.
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Part department store, part discounter, Stage ran a host of chains, including Goody’s, Palais Royal, Peebles, and Gordmans. All liquidated and shut down in summer 2020, after the pandemic dealt ...
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 ...
Many closures are the result of already-struggling companies reaching their breaking points and declaring bankruptcy