#store-closures

#store-closures

Bloomingdale's is closing its flagship store in San Francisco, following other major retailers, raising concerns about downtown recovery efforts.

New York City's drugstore closures surged to nearly 10% this year, emphasizing a troubling trend that extends over the past decade.

Party City is closing all stores and ceasing operations due to financial issues and changing consumer shopping habits.

Macy's struggles to recover in the retail market as it faces declining sales and unsuccessful cost-cutting strategies, signaling a long-term decline.

Macy's is closing 66 stores nationwide, including two in Brooklyn, as part of a cost-cutting strategy to focus on profitable locations.

Big Lots is conducting going-out-of-business sales after failing to finalize a sale agreement post-Chapter 11 bankruptcy filing.

Walgreens plans to close 1,200 stores in three years, with significant closures driven by profit decline and changing consumer behavior.

Macy's is closing two Brooklyn stores as part of a broader strategy to refocus on profitable locations and improve overall sales growth.

Macy's is closing two Brooklyn stores as part of a strategy to streamline operations and focus on more successful locations.

Macy's is closing 150 underperforming stores as part of its 'Bold New Chapter' strategy to improve overall performance and focus on profitable locations.

Kohl's will close 27 underperforming stores and an E-commerce Fulfillment Center in a strategic move to enhance operational efficiency for long-term growth.

Retailers like The Container Store, Party City, and Big Lots face significant challenges, including bankruptcy, store closures, and declining consumer spending amid inflation.

Over 2,000 retail stores are set to close in the US in 2025, reflecting ongoing challenges in the retail sector.

Party City is closing all stores nationwide, marking the end of its operations, including locations in New York City.

Big Lots is closing all its stores after filing for Chapter 11 bankruptcy, marking the end of a significant discount retail presence.

LL Flooring is winding down operations and closing all stores, resulting from bankruptcy and a challenging economic environment.

Franchise Group is closing American Freight amidst bankruptcy filings to strengthen other brands and reduce debt.

The Starbucks store at 120 4th St. in San Francisco's SoMa neighborhood will close permanently on Nov. 8 due to business evaluations.

Starbucks has reverted to requiring a purchase for restroom access after experiencing revenue losses from its previous open policy.

Party City is permanently closing all stores by February 2025, ending its legacy of party supply provision.

Ted Baker is closing all physical stores in the UK and Ireland due to significant financial difficulties, impacting over 500 jobs.

Walgreens is closing 1,200 stores due to overexpansion and admitting mismanagement of shoplifting issues and store security.

The company is experiencing financial troubles and looking to course correct with store closures.

Macy's plans to close 66 stores this year to focus on profitable locations and enhance its online shopping experience.

Walgreens plans to close 1,200 U.S. stores over three years to recover from significant losses and improve financial performance.

Walgreens plans to close 1,200 stores as part of a turnaround strategy against competition and unprofitability.

America's drug stores are closing locations due to over-expansion, competition, and an unsustainable pharmacy model. This is marked by significant store closures across major chains.

Best Buy's decline has created opportunities for competitors, leading to improved consumer electronics shopping experiences outside traditional big box stores.

Walgreens will close 1,200 stores in the US over the next three years due to major financial losses.

Walgreens plans to close 1,200 stores amid a turnaround strategy focusing on cost-cutting and addressing unprofitability.

Walgreens' overexpansion and acquisition of Boots have led to financial instability, including dividend cuts and store closures.

Walgreens plans to close 1,200 stores to recover from significant losses and focus on improving its business model.

Walgreens plans to close 1,200 stores to counteract sluggish sales and improve financial outlook.

Walgreens will close twelve locations in San Francisco due to regulatory pressures and financial challenges, with closures expected by late February.

The decline of foot traffic and rise of e-commerce have caused many traditional retail stores to close permanently.

7-Eleven is closing 444 underperforming stores to adapt to inflation and shifting consumer behavior.

In 2024, numerous businesses faced bankruptcy due to changing consumer habits and prioritization of essential purchases.

Macy's impending closure looms over Union Square's tree-lighting ceremony, possibly marking the end of an era for the iconic store.

In-person sales rose 2.9% this holiday season, showing a strong comeback for physical retail.

Shoppers are projected to spend record amounts on holiday shopping with $989 billion expected this year.

Advance Auto Parts will close over 700 stores to improve its business performance amid disappointing earnings.

Advance Auto Parts is closing more than 500 stores to improve business performance amidst declining sales and financial losses.

Advance Auto Parts will close over 700 stores nationwide, including several in Oregon, as part of an operational restructuring.