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Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [36] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
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 ...
Walgreens said in 2019 it would close 200 stores and last year announced an additional 150 store closures. “We are at a point where the current pharmacy model is not sustainable,” Wentworth ...
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
Dean & DeLuca. Long a shell of its former self, gourmet grocer Dean & DeLuca filed for bankruptcy in March 2020. The grocer, bought by a Thai company in 2014, closed its last remaining store in ...
Earlier this year, the discount retail chain Big Lots filed for bankruptcy, announcing it would be closing hundreds of stores nationwide. Today, that store closure count climbs higher. The company ...
In October 2020, Gap said it would close 350 stores by the end of 2023. Store closings include both Gap and Banana Republic and were to be seen across North America. The company says its goal is ...
USA based Apple Inc. announced it would temporarily close all stores globally outside of China on March 14. [12] On the same day, Urban Outfitters, Verizon, and T-Mobile all announced their intentions to temporarily close stores as well. [13] The US's largest retailer, Walmart significantly reduced its hours across the nation. Known for its 24 ...