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In 2024, retail closures reached their highest level since the pandemic, according to Coresight Research, with a total of 7,325 locations shuttering. And things aren't exactly looking up for 2025 ...
JCPenney will close eight locations throughout the country by mid-2025. Here are the stores slated to close. ... the retailer filed for Chapter 11 bankruptcy protection in May 2020. The chain was ...
A List of Macy's 2025 Store Closings Here is a list of the Macy's stores facing closure this year. Note: This list will be updated as more store closures are officially announced.
The following retailers have all either closed or announced plans to close large numbers of retail locations, since 2010, during a time period labelled a "retail apocalypse" by media, accelerated by both the increase in online shopping and then by the economic impact of the COVID-19 pandemic.
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 ...
Macy’s said it will close 65 stores by the end of January 2025, on top of the 50 closures they announced in 2024. In total, the department store plans to shut 150 underperforming sites.
Kohl’s announced “real estate changes” for 2025, including the closure of its San Bernardino, Calif., E-commerce Fulfillment Center in May and the closure of 27 underperforming stores by ...