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Neiman Marcus announced plans in September 2017 to close 25% of its Last Call outlet stores [218] and would later shutter all but five of its Last Call stores in 2020. [219] On April 19, 2020, Neiman Marcus announced that it would file for bankruptcy. [220] The luxury chain filed for Chapter 11 bankruptcy in the Southern Court of Texas in May ...
Gantos – a women's specialty clothing retailer based in Grand Rapids, Michigan. In late 1993, the company announced bankruptcy reorganization, closing 50 stores between 1993 and 1994, [58] and the chain announced the liquidation of its remaining 114 stores by the end of the decade, ceasing operations in 2000. [59]
The St. Louis version of "'Hill Brothers Self Service Shoe Store'" went from 3 to 103 stores in the Midwest and South between 1956 and 1971. Volume Shoe originally operated the 103 stores under the "Hill Brothers Self Service" name. Starting in 1972, Volume Shoe began to consolidate stores in proximity and convert others to the "Payless" brand.
Heidi and Jeff Burns, of Terreton in Eastern Idaho, shop for pants in January 2020 at VF Outlet, one of the larger stores at Boise Factory Outlets and one of just four still operating at the time ...
Bob's Stores, a longtime Northeast ... Clothing chain Bob's Stores closing after 70 years. Rob Wile. July 3, 2024 at 9:13 AM ... Founded in 1954, Bob's began as a single-store surplus outlet in ...
Kohl's Is Downsizing. Kohl's is set to close 27 underperforming stores across 15 states by April 2025, the chain announced in a recent press release. The closures represent about 3% of the ...
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 ...
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 ...