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It filed for bankruptcy in 1996 and shuttered stores, and another bankruptcy in 1999 put the company out of business. [55] Cygnet Shops – women's fashion store that closed in 1975; DEB – closed its stores in 2015, and returned later that year as an online-only retailer selling plus-size clothing
Phar-Mor (stylized as PHA℞-MOR) was a United States chain of discount drug stores, based in Youngstown, Ohio, and founded by Michael "Mickey" Monus and David Shapira in 1982. Some of its stores used the names Pharmhouse and Rx Place (purchased in the mid-1990s from the F.W. Woolworth Company). Low prices were advertised to bring in a large ...
Check out your favorite stores from the '90s that are closed today. From The Limited to Wet Seal, these stores were staples at every mall in the 1990s. All the Stores You Loved in the '90s That No ...
And Rite Aid filed for bankruptcy last year, closing up to 500 stores. Shifting trends. Drug store chains are struggling because of lower reimbursement rates for prescription drugs, according to ...
CVS, the largest US chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores by 2024. Walgreens said in 2019 it would close 200 stores and in June announced ...
Penney paid $3.3-billion and assumed $760 million in debt to acquire Eckerd, and combined it with its 800-store Thrift Drug chain. [7] Under the agreement, all of JCPenney's Thrift Drug unit of drug stores (comprising Thrift Drug, Kerr Drugs, Fay's Drugs, and some Rite Aid stores) were rebranded to the Eckerd name. JCPenney Catalog Centers were ...
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