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On April 17, 2018, The Bon-Ton announced plans to go out of business after being purchased by two liquidators. [73] Borders, which included its namesake chain, along with Waldenbooks, filed for bankruptcy and closed all of its stores in 2011. [74] Brooks Brothers filed for Chapter 11 bankruptcy in July 2020. [75]
The four-decade-old retailer filed for bankruptcy in December, marking its second time in less than two years. As a result, Party City will close its roughly 700 locations early next year. The New ...
Payless (footwear retailer) – Filed for bankruptcy twice and closed all stores in Canada and the US in 2019. Raleigh's – also known as Raleigh Haberdasher; a men's and women's clothing store in Washington, D.C., 1911–1992; Robert Hall – clothing store that existed from 1938 to 1977. At its peak, the store had locations in both New York ...
This ubiquitous electronics retailer said it was filing bankruptcy and closing 88 of its 220 stores in March 2017. One month later, after failing to find a buyer, the company moved to close all ...
America’s largest party supplier filed for bankruptcy in 2023, hurt by big-box retailer competition, rising costs during the pandemic — and a helium shortage. People shop in a Party City store ...
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 retailer has filed for bankruptcy twice before. 6. Joann. Fabric and crafts store Joann filed for bankruptcy in March. However, its stores are not expected to close.
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago. ... That comes as 45 retailers have filed for bankruptcy ...