retail chain, unprofitable store

Popular retail chain to close unprofitable store locations
The retail sector has been deteriorating over the last two years after recovering from the Covid-19 pandemic when retailers were forced in 2020 to close their doors at the beginning of the pandemic and later reduce customer occupancy in stores once they reopened.
Another major national retailer plans to close hundreds of stores
The closures would be the latest in a series of high-profile issues involving national retailers. Earlier this month, fabric and craft chain JOANN announced it was closing 500 stores as part of its bankruptcy proceedings and, earlier in the year, Big Lots said it would shutter hundreds of its locations.
Forever 21 closing stores? Fashion chain could join list of retailers shuttering hundreds of locations this year
Fast fashion retailer Forever 21 is reportedly exploring a second bankruptcy as it explores strategic options in a challenging environment.
Wave of retail store closings in US as consumers pull back spending
The number of retail store closures is expected to double this year to 15,000, with workers struggling with inflation, stagnating wages and record credit card debt.
Over 15,000 popular stores closing during ‘retail apocalypse’
Some experts are saying that this is part of a “ retail apocalypse .” And more than 15,000 stores — many of which are popular brands — are expected to be casaulities in 2025.
More retail stores expected to close in 2025
Last year was marked but a large number of retail store closings and it appears that trend will continue in 2025.JCPenny is the latest retailer to serv
Major High-Street Chain Shutting More Stores as Retail Crisis Grows
Homebase, one of the UK’s most well-known high-street DIY and home improvement retailers, is shutting down even more stores as it continues to struggle financially. The company collapsed into administration in November,
JCPenney Is Closing More Stores This Year — Here's a Full List of the Locations
The department store confirmed to Good Housekeeping that it would be shuttering more locations across the country in 2025. "While we do not have plans to significantly reduce our store count, we can confirm that there are eight isolated store closures planned by mid-year,
Could 2025 bring a new 'retail reality'? Why experts say store closures could skyrocket
Just a month and a half into the new year, several companies with brick-and-mortar presences have planned sweeping 2025 ...
Store closings could accelerate throughout 2025
This does not mean that the country will run out of stores anytime soon, as the U.S. reportedly had about 800,000 retail ...
Retail Dive4h
Store closures outpace openings amid ‘historic shift’ to service-based tenants
But the outlook isn’t all bad as the real estate churn may open up 140 million square feet of retail space in a market where high quality storefronts are in short supply, a JLL report says.
Is Forever 21 Closing Stores? What We Know
Shoppers have noticed some Forever 21 stores closing as the retailer works on restructuring following its 2019 bankruptcy.
Big Lots store closures and the company’s future in Pierce County
Read Full Story by Debbie Cockrell Big Lots, in early August report, announced revised plans to potentially more than double expected closures nationwide. | Published August 12, 2024 | Read Full Story ...
Where is Kohl's closing stores? Here's what to know in Michigan
Department store chain Kohl's is downsizing and closing more than two dozen locations nationwide, but Michigan locations ...
Google close to picking sites in India for first retail stores outside US, sources say
Alphabet Inc's Google is close to deciding on locations in its key market of India where it will open its first physical ...