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Bose shut down all of its 119 retail stores in 2020 in order to follow a "dramatic shift" to online shopping only. [79] Carter's announced the closure of at least 200 stores in an earnings call in October 2020; the children's apparel chain planned to close about 80% of its locations by 2022. [80]
The COVID-19 pandemic exacerbated many issues affecting retailers, as many were forced to shut down due to non-pharmaceutical interventions that were issued in an effort to mitigate the pandemic. [35] At the same time, online shopping boomed during the coronavirus-related lockdown, even though it came back down starting in 2022. [36]
California's attempt to manage a smooth transition away from gasoline just got roughed up with this week's decision by Phillips 66 to shutter its refinery in Wilmington next year, wiping out more ...
Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of 2025, citing market concerns. The company said it will remain operating in the state.
Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
More than 230 homes in the southern California coastal city of Rancho Palos Verdes had power shut off on Monday after officials determined the rapidly-shifting land created a risk for utility ...
Qualifying households with dependents will receive an additional $500. As a result of the California Comeback Plan, two-thirds of households will be eligible for some sort of stimulus payment. Additionally, the California Comeback Plan allocates $5 billion for rent relief and assistance with water and utility payments. This plan is the largest ...
Rubio's said it would keep operating 86 remaining locations in California, Arizona and Nevada. Rubio’s was acquired by the private equity firm Mill Road Capital in 2010 for $91 million and taken ...