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Michigan Big Lots stores in Benton Harbor, Livonia, Saginaw and Taylor will be closing.
On February 14, 2023, Tuesday Morning filed for Chapter 11 bankruptcy again and announced the closure of 265 stores to focus on better-performing stores in other markets. [326] Two months later, on April 27, 2023, Tuesday Morning announced that it had been purchased by a liquidator and would go out of business entirely, closing the nearly two ...
The retailer told USA TODAY in a statement Wednesday that it would be ... Kohl's and Macy's closures: Kohl's will close 27 stores by April. Macy's is closing more. ... 33 in Michigan, Ohio and ...
JCPenney will close eight locations this year, a company spokesperson said, adding to the list of more than 200 closures since the company filed for bankruptcy five years ago.. JCPenney announced ...
Furniture retailer American Freight will close its 328 stores as parent company, Franchise Group Inc., goes bankrupt. 'Everything on sale': American Freight closing all Michigan stores. What we know
Tuesday Morning moved to a pop-up retail location in 1979 with seasonal events. Tuesday Morning went to full-time retail operations in 1979 and went public in 1984 with 57 stores. At its peak in 2018, Tuesday Morning operated over 700 locations and had sales of over $1 billion. Tuesday Morning focused on discount home goods. [3]
Store closures are expected to continue in 2025, according to a report published by Coresight Research in January. Coresight Research expects store closures to go up to approximately 15,000 in 2025.
Retail industry closures soared in 2024, with more than 7,100 stores shutting down through the end of November — a 69% jump from the same time last year, according to research firm CoreSight.